Public and private sector cooperation is vital for AI development in Armenia: PicsArt co-founder H. Avoyan

21:58 • 16.09.17



Yerevan branch of Startup Grind, the world’s largest startup network held an event. This time the guest speaker was the Co-founder and the CEO of PicsArt Hovhannes Avoyan. Before establishing the worldwide famous Picsart Mr. Avoyan has founded other 5 startups. He is also a member of the Advisory board of FAST foundation.

Mr. Avoyan told that the members of his family are mainly doctors.  “While studying at school, I was more into chemistry. I was always experimenting and trying to create new substances. My grandmother once told that we avoided a huge fire that could cause serious damages due to my experiments. Today, the urge for experiments is still there but more for ideas in business.”

The co-founder and CEO of PicsArt highlights the importance of developing and applying artificial intelligence nowadays. Mr. Avoyan has been involved in Artificial Intelligence since 90s and has a long working and teaching experience on the topic. Mr. Avoyan mentioned that for a while AI  was considered a “dead science”, but recently it is reviving and is already having a significant impact on business and everyday life.     

Today, some elements of AI  are used in PicsArt. The company's biggest investment is its contribution to the development of big data and machine learning fields. Nowadays, there is a big buzz around startups in Armenia which is an important step for the country's development according to Mr. Avoyan.

According to him, the presence of both enthusiasm and technologies with AI being one of those, foster the creation of  startups.  However, Mr. Avoyan sees some obsticles for the development of IT in Armenia.

Armenia lacks means for human resource development, as there are very few specialists in this field. We need to work in this direction and invite foreign professionals. It is a major issue as Armenia lacks educational institutions. With time research centers should be established, training programs and relevant departments should be created in universities. For example, in some countries the government is involved in promoting AI.

Hovhannes Avoyan noticed that Armenia has highly qualified resources and big potential in fields of natural sciences and maths that can be actively involved in AI and machine learning in order to develop relevant skills and apply those in various sectors.

Mr. Avoyan sees the cooperation of public and private sectors as the driving force for the development of AI in Armenia.  

Consistent involvement of both private sector and the state is the key to success. Only private sector can’t do much as government should create a cooperation.

To mention, PicsArt is a leading  photo editing app and creative social network. It has more than 400 million downloads and 90 million monthly active users. PicsArt is a free app available for iOS, Android and Windows devices.

 





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