Forbes names Armenia ‘tech powerhouse’ of South Caucasus

December 11 2023, 14:17


Armenia emerged as a tech powerhouse with the presence of global players and a vibrant startup ecosystem, says Forbes.

In an article written by Craig S. Smith, Armenia is hailed as the country with a fast-evolving tech sector.

“Various indexes show Armenia as the emerging tech powerhouse of the Southern Caucasus region, a legacy of its role as one of the Soviet Union’s top technology centers – the USSR’s first general-purpose computers were developed there in the early 1960s,” Smith writes.