Yerevan - Joining other leading international companies, SoftConstruct will be a partner at the World Congress on Information Technology in October 2019. An innovative technology developer, SoftConstruct was founded in 2011 and is the company behind market-leading brands such as BetConstruct, FeedConstruct, Ucraft, FastToken, FastShift, and others. With over 2000 specialists in its global workforce, aimed at the growth of the IT sector in Armenia and beyond, SoftConstruct has seen remarkable success in its brands over the years.
The brand Ucraft delivers a robust drag-and-drop website builder to create professional sites for personal brands and businesses without any coding. FastToken is the company’s blockchain solution, with its native token FTN, primarily meant for igaming activities. The company actively utilizes AI and ML technology. Among the recent innovations are AJNA, the automated sports data collecting tool, and Hoory, a smart virtual gaming assistant powered by artificial intelligence and voice recognition technology. Both products will be among SoftConstruct’s showcase at WCIT and will be available for a close view and personal testing.
The Government of Armenia has declared IT a strategic area of focus. The country's legislation fosters favorable conditions for foreign direct investments in the tech sector. Furthermore, consistent efforts are being made to promote the development of high-tech innovations, cultivate ecosystems, and accelerate startups in the industry. The ICT sector represents 7 percent of the national GDP. Over 45 percent of the industry exports go to the USA and Canada, 25 percent to Europe, 11 percent to Asia. Over 900 ICT companies call Armenia home, including globally recognized Picsart, Renderforest, Softconstruct, Joomag, etc.
WCIT 2019 will be held in Yerevan on October 6-9, 2019. The Congress is hosted by Armenia with the support and under the high patronage of the Government of the Republic of Armenia. The World Congress on Information Technology (WCIT) was established by the World Information Technology and Services Alliance (WITSA). Its main organizing body is the Union of Advanced Technology Enterprises (UATE).