IT Skills Assessment in Armenia

The IT and high-technology sector is one of the fastest growing sectors in the Armenian economy. Since 2006, the sector, excluding Internet service providers, has grown with a CAGR of 22% reaching a total output of US$294 million in 2013. The number of companies operating in the sector is 380, the number of employees 8,000. About 13% of the companies operate in the high-technology domain, while the rest are IT companies. One of the driving factors of sector growth was its attractiveness for foreign companies to establish branches in Armenia. The prime competitiveness factor was the availability of relatively cheap and competitive human resources in Armenia. Currently, Armenia seems to be on the verge of losing this competitive advantage. Due to the growing number of IT companies in Armenia, demand for IT specialists will continue to increase. According to conservative estimates, if the market and productivity continue to grow with an average rate of 18% and 1% respectively, the absorption potential of additional IT specialists will grow at a rate of 17% annually and reach 15,000 by 2017. The sector is currently undergoing a major transformation: there is an increasing shift from the outsourcing model to the model of own product development and entrepreneurship in the sector. This model of growth requires a higher level of knowledge, new skills (such as sales and entrepreneurship skills), and entrepreneurial knowledge.

Bibliographic Details

Main Author:	World Bank
Format:	Knowledge Economy Study biblioteca
Language:	English en_US
Published:	Washington, DC 2014-06
Subjects:	ACADEMIC YEAR, ALGORITHMIC THINKING, APPRENTICESHIP, APTITUDE, ASSESSMENT METHODOLOGY, AUTOMATION, AVERAGE PRODUCTIVITY, BASIC, BASIC KNOWLEDGE, BASIC SKILLS, BRAIN DRAIN, CAREER, CAREER DEVELOPMENT, CENTERS OF EXCELLENCE, CODING, COMMUNICATION TECHNOLOGIES, COMPUTING, CURRICULA, CURRICULUM, CURRICULUM DEVELOPMENT, DEGREE PROGRAMS, DEVELOPMENT OF STUDENTS, DIPLOMAS, DISCIPLINES, EDUCATION LEVEL, EDUCATION QUALITY, EDUCATION SECTOR, EDUCATIONAL CENTERS, EDUCATIONAL INSTITUTIONS, EDUCATIONAL PROGRAMS, EDUCATIONAL REFORM, EDUCATIONAL SYSTEM, EDUCATIONAL SYSTEMS, ELECTRONIC ENGINEERING, EMPLOYMENT, ENGINEERING, ENGINEERING EDUCATION, ENROLLMENT, ENTRANCE EXAM, ENTREPRENEURIAL SPIRIT, EQUIPMENT, EXAMS, FACULTIES, FOREIGN EMPLOYMENT, GLOBAL COMPETITIVENESS, GLOBAL EDUCATION, GLOBAL EDUCATION MARKET, GLOBAL MARKET, GLOBAL MARKETS, HARDWARE, HIGH SCHOOL, HIGH SCHOOL GRADUATES, HIGH TECHNOLOGY, HIGHER EDUCATION, HIGHER EDUCATION INSTITUTIONS, HIGHER EDUCATION SYSTEM, HIGHER EDUCATION SYSTEMS, HIGHER EDUCATIONAL INSTITUTIONS, HIGHER LEARNING, HOMEWORK, HUMAN RESOURCES, INFORMATICS, INFORMATION SERVICES, INFORMATION TECHNOLOGY, INSTRUCTORS, INTERNET SERVICE PROVIDERS, INTERNSHIPS, INTERVENTIONS, JOB MARKET, JOB PLACEMENT, JOB TRAINING, KNOW-HOW, KNOWLEDGE LEVEL, KNOWLEDGE SHARING, LABOR FORCE, LECTURERS, LECTURES, LEVEL OF KNOWLEDGE, LITERATURE, LOCAL UNIVERSITIES, MATHEMATICS, MEDIA, MINISTRY OF EDUCATION, NETWORKING, OUTSOURCING, PHYSICS, PORTALS, PRACTICAL ACTIVITIES, PRACTICAL KNOWLEDGE, PRIVATE EDUCATION, PRIVATE INSTITUTIONS, PRIVATE TRAINING, PRIVATE UNIVERSITIES, PROBLEM SOLVING, PROFESSIONAL DEVELOPMENT, PROFESSIONAL GROWTH, PROFESSIONAL TRAINING, PROGRAMMERS, PROGRAMMING, PROGRAMMING LANGUAGES, QUALITY OF TEACHING, RECRUITMENT PRACTICES, RESEARCH GRANTS, RETENTION RATES, RETRAINING, SCHOOLS, SCIENCE EDUCATION, SECONDARY SCHOOLS, SELF-EDUCATION, SEMESTERS, SKILL LEVELS, SKILLED LABOR, SKILLED WORKFORCE, SMALLER NUMBER, SMALLER UNIVERSITIES, SOFTWARE DEVELOPMENT, STATE UNIVERSITIES, STUDENT ENROLLMENT, STUDENT-STAFF RATIO, STUDENT-TEACHER RATIOS, STUDY ABROAD, SUBJECTS, SYSTEMS DEVELOPMENT, TEACHER, TEACHING, TEACHING EXPERIENCE, TEACHING PROGRAMS, TEACHING QUALITY, TEACHING STAFF, TECHNICAL ASSISTANCE, TECHNICAL KNOWLEDGE, TECHNICAL SKILLS, TECHNICAL SPECIALIZATION, TECHNOLOGY SECTOR, TERTIARY EDUCATION, TRADITIONAL DEGREE, TRAINEES, TRAINING ACTIVITIES, TRAINING CENTER, TRAINING CENTERS, TRAINING COURSES, TRAINING PROGRAMS, TUITION, TUITION SUBSIDIES, UNIVERSITIES, UNIVERSITY CURRICULUM, UNIVERSITY DEGREE, UNIVERSITY DEGREES, UNIVERSITY EDUCATION, UNIVERSITY FUNDING, UNIVERSITY PROGRAMS, VOCATIONAL EDUCATION, VOCATIONAL TRAINING, WEBSITES, WORK EXPERIENCE, WORKERS, WORKFORCE DEVELOPMENT, WORKING HOURS,
Online Access:	http://documents.worldbank.org/curated/en/2014/06/19903109/skills-assessment-armenia http://hdl.handle.net/10986/20019
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