Armenia is well-positioned in the global high-tech sector, with strong government support and private interest driving growth. One promising area of development is RFID technology (radio-frequency identification), which has the potential to significantly improve business efficiency in Armenia.
Armenia has positioned itself favorably in the high-tech sector on the global stage, with a rapidly growing industry backed by government support and private sector interest. Among the lesser-known but highly impactful technologies driving efficiency is RFID (Radio Frequency Identification). In an interview, Karen Martirosyan, shareholder of Avenue Consulting Group, and Arsen Abrahamyan, Director of Liga-Tech, discussed the potential of RFID in improving Armenian business operations.
Martirosyan emphasized that RFID technology offers far more than just a replacement for barcodes. It provides advanced solutions applicable to retail (e.g., anti-theft systems), logistics, and even vehicle identification. The use of RFID extends beyond business, enhancing public life with applications like "smart footballs" in the ongoing World Cup, which allow for precise tracking of the ball’s location.
The implementation of RFID solutions across industries is seen as a major step forward for Armenian businesses, enabling increased efficiency, flexibility, and technological advancement.
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