On October 7, 2024, the ICT Association of Georgia (ICTA) convened its quarterly meeting at D Block, Stamba, marking a pivotal moment for the nation’s technology sector. The event brought together industry leaders, policymakers, and stakeholders, fostering a dynamic environment for discussing the latest trends, challenges, and opportunities within the rapidly evolving tech landscape. With a shared commitment to innovation and collaboration, participants engaged in meaningful dialogues aimed at positioning Georgia as a key player in the international ICT arena.
Fostering Collaboration and Innovation
The meeting commenced with remarks from Tornike Sulaberidze, Chairman of ICTA, who emphasized the importance of cooperation in shaping the future of Georgia’s technology industry. “Today, we explore key issues concerning the future of the Georgian technology industry, including the role of the US tech companies in the local market,” he stated, setting a collaborative tone for the discussions. Ani Dabrundashvili, Director of D Block, echoed this sentiment, highlighting the necessity of creating an environment that nurtures innovation and partnership among tech professionals.
- Key Themes Discussed:
- The impact of US tech companies on the Georgian market.
- Strategies for fostering innovation and collaboration.
- The importance of a supportive regulatory environment.
This focus on collaboration is crucial as Georgia seeks to enhance its technological capabilities and attract foreign investment.
Strengthening US-Georgia Relations
A significant portion of the meeting was dedicated to exploring the bilateral relations between the United States and Georgia. Giorgi Tsikolia, Vice President of Lineate, and Marc Nordberg from the US Embassy in Georgia led this discussion. Tsikolia highlighted the historical context of these relations, noting that American capital has played a vital role in the Georgian economy, creating thousands of well-paying jobs and fostering knowledge sharing.
- Economic Contributions:
- American tech companies have generated 8,000-9,000 new jobs in the past three years.
- These companies contribute approximately $2-2.5 billion annually to the Georgian economy.
- Jobs created in this sector pay salaries three times higher than the local average.
This interconnectedness underscores the importance of maintaining strong ties with the US, which serves as the primary export market for services provided by Georgian companies.
Embracing AI and Gender Diversity
The meeting also featured a discussion on the transformative potential of artificial intelligence, moderated by Natia Sirbiladze, a Board member of the ICTA. Zaal Gachechiladze, CEO and Co-Founder of AI Lab, shared insights into how AI could revolutionize Georgia’s economy.
Additionally, Maria Voskanyan, Chapter Director of Women in Tech® Georgia, presented initiatives aimed at promoting gender diversity within the tech industry. “The tech sector thrives with diverse perspectives. We must empower women to take on leadership roles,” she emphasized, highlighting the need for inclusivity in driving innovation.
Significant Partnerships and Future Goals
The meeting culminated in the signing of two important Memoranda of Understanding (MoUs). The first, between the ICTA and Women in Tech, signifies a commitment to fostering an inclusive environment for women in technology. Sulaberidze remarked, “This memorandum is a vital step towards ensuring that women have equal opportunities in our industry.”
The second MoU, signed with D Block, aims to enhance collaboration and innovation between the two organizations, further solidifying their partnership in promoting technological development in Georgia.
- ICTA’s Goals:
- Elevate the profile of the Georgian ICT industry.
- Enhance cooperation among business members.
- Collaborate with the public sector to improve legal and regulatory frameworks.
As the meeting concluded, participants expressed renewed energy and motivation. Sulaberidze noted, “Around twenty member companies have joined us, employing up to 15,000 people in Georgia. This collaboration is vital for the growth of our industry.”
Tsikolia presented an optimistic vision for the future, stating, “The technology sector’s long-term interest in Georgia is ever growing. With the right policies, we believe Georgia can become a regional hub for American companies, serving as an operations base.”
With strong leadership and an engaged community, Georgia’s technology sector is poised for continued growth and international recognition. The discussions and agreements from this meeting will undoubtedly shape the trajectory of Georgia’s ICT industry in the years to come.
