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Webiz looks to Armenia to alleviate Israel’s tech labor shortage

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As the serious shortage of Israeli tech workers grows, Webiz, the outsourcing of Israel’s tech talent business, is now expanding into Armenia.

In September, the company founded by Israel announced that about 200 Georgians had been hired by a major Israeli tech company by establishing a recruitment and training center for engineers in Tbilisi, the capital of Georgia.

Webiz now has a branch in Yerevan, the capital of Armenia, and a local Webiz Academy. The company has hired local managers, including Ashot Pashinyan, the son of Armenian Prime Minister Nikol Pashinyan. An Israeli team manages the Armenian branch.

Armenia’s high-tech industry grew by about 21% from 2014 to 2017, with more than 400 IT companies operating in the country and hiring about 15,000 professionals. Armenia is changing the face of the industry rapidly, providing outsourcing services to innovation-based industries. Currently, half of the country’s income comes from local R & D products and services. In addition, 200 foreign companies operate domestically, and the government encourages more companies to enter, offering tax cuts, light regulation, openness, and amicable bureaucratic processes.

“The demand for the workers we hire is skyrocketing,” said Eyal Bar-Oz, co-founder and CEO of Webiz. “In fact, all workers who complete the training course are headhunted by Israeli companies. Armenia’s new branch is especially in all areas where Armenia is developing excellent achievements for success. Helps meet the surge in demand in areas such as cyber, big data and AI. Our goal is to hire 100 to 200 programmers by the end of 2022, “he adds. rice field.

Bar-Oz, Meni Benish, David Zerach, all serial entrepreneurs and angel investors founded Webiz in 2018. The company’s technician recruitment and training center offers a comprehensive training program based on the Israeli syllabus. The company employs both developers and advanced developers from its training program.

Webizs’ business model is based on providing a one-stop shop for technology companies, with a focus on securing seed investments, product design, development project management, marketing, and business development. Webiz is now making development services available to new startups in exchange for fairness.

Sources

1/ https://Google.com/

2/ https://nocamels.com/2021/11/webiz-armenia-high-tech-worker-shortage/

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