YEREVAN, MAY 15, NOYAN TAPAN. DigiTec Business forum on the use of IT in various business sectors will be held at Yerevan's Armenia Marriott Hotel on June 26-27. Representatives of about 3,000 companies of IT and other sectors, various organizations, state departments are expected in participate in the event. The director general of the event's organizer - the Union of IT Enterprises (UITE) Karen Vardanian announced that at the May 14 joint press conference with the heads of the structures assiting with the organization of the forum: Mikael Hovsepian - deputy CEO of the Union of Banks of Armenia (UBA) and Arsen Ghazarian - chairman of the Union of Employers (Manufacturers and Businessmen) of Armenia (UMBA). According to K. Vardanian, the efficiency of business and its competitiveness in the foreign and domestic markets are one of the main guarantees of Armenia's economic development. The introduction and use of ICT in the various sectors of business contribute to its efficiency. He informed those present that an exhibition will be held during DigiTec Business, at which a number of ICT companies providing services in the banking sector, mining industry, tourism, health, education, trade, construction and transport will present their solutions for business automation. A. Ghazarian said that a more widespread use of ICT in Armenian companies will help increase the efficiency of their management and their financial transparency and to reduce the shadow economy. In his words, Armenian IT companies also have potential for participation in the programs on introduction of e-governance systems by the Armenian government. He expressed a hope that the joint work of UITE and UMBA on introduction of ICT will have continuous character. M. Hovsepian said that UBA is interested in developing ICT in banks in order to improve the quality of their work. Besides, the increased level of financial transparency of enterprises engaged in the real sector of the economy - thanks to the use of ICT at these enterprises - results in increased financial flows through these banks.

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