For Investors
The idea of establishment of new collaboration always raises a number of natural and objective questions. And as we are for all the questions to be answered and all the expectations to be satisfied, we will do our best to give the answers to your questions. The first question that will arise in your mind is to be:
Why invest in Armenia?
- First of all, Armenia is among the developing countries, and unlike the US, European states, Japan, etc., which are already stabilized and have firm traditions in their economic development and policy, Armenia is still in transition process, its market is not “captured” yet and is mainly open for innovative ideas and activities, for new actors and, of course, for finances.
- Armenian IT industry has quite a long history. Up to 1990 the essential part of the USSR industry of Information Technologies including large potential of experts was generalized in Armenia. And despite the face that in the result of dissolution of the Soviet Union the most part of highly skilled specialists of the branch either retrained and lost qualification or just left the country, starting from the mid of 90s this realm has begun to grow and activate in a big speed. Having started their activity since 1996, the essential shifts of companies were particularly registered in 2000.
- IT industry is in the core of state policy and is under the shelter of the Government of Republic of Armenia. On 28 December 2000, the Government of the RA proclaimed the industry of IT as one of priority branches of the RA economy, and then the adoption of the concept of the development of the industry of information technologies has followed.
- Education system has a strong emphasis on mathematics and computer science.
- According to the official facts of 2006 about 120 enterprises actively work within the branch.
- General number dealing with the branch makes more than 4000 person.
- Annual volume of production is estimated about 55-60 million US dollars approximately 98% of which is exported.
- Share of IT branch of the GDP makes 1.7%.
- Volume of production annually grows approximately by 12%.
And naturally the second question will be:
Why TX Systems and not the other 119?
What really differentiates TX Systems is the ability to lead clients through a program that delivers substantial business results, rather than acting as a passive "order taker". This is one of the main fundamentals on which within a year period we have managed to grow and become one of the most serious and competitive IT companies in Armenia.
Dealing with our investors we act as your partner in transforming IT to align with your business and of course to increase your profits and revenues of the investment. We accomplish this with a unique approach based on
- Commitment of client-oriented strategy.
- Adopting and continuously improvising upon our software development practices and processes.
- Continuous up gradation and perfection of our team to better understand the new challenges of hourly developing IT industry.
- Accenting on awareness of all the innovations in this realm and adoption of new technologies.
- Sharing the risks involved in cooperation process.
- Being young and energetic, ready to take the risks and at the same time to be wholly responsible for further steps and despite our young age, having quite rich experience in this realm.
What you seek for?
- High benefits
- Short-time period
- Trusty partners
Trust, Work quality, Flexibility and low costs are in base of our success. During our not very long existence but quite a wide range of outsourcing deals we have managed to build a firm atmosphere of trust and reliability among both our clients and partners. Working by the rule of 24/7 and because of our experience, the tools and mechanisms we have evolved, and, of course, our talented team we develop quality in a very high speed and without any flows. The client-oriented strategy enables us be more flexible to client specific requirements. We have proven to be able to react quickly and to adjust to any additions thrown during the process of a project.
All this features build a great plain for implementing projects in minimal time and with maximal profits which is beneficiary both for us and our partners.