Salome Lapachi
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Technology in Georgia
What is Technology and how is the situation in Georgia? Georgia is one of the leaders in the region in terms of implementing technological innovations, which, in turn, has a positive impact on the country’s economy, business environment, startup ecosystem growth, and the advancement of entrepreneurship in general, as evidenced by the 2021 Index of Economic Freedom, where in among 45 European states Georgia ranked 7th. On the one hand, it can be assured that such success was due to a certain degree of national readiness among our community to master new technologies, on the other hand, the necessity of a competitive domestic market, the development of entrepreneurship, pandemic and e-commerce industry that has emerged in its trails, has brought incredible results to the country: For example, Georgia is one of the leading countries in the world in terms of mobile phone penetration and the Internet, which, according to data from 2021 are 86% and 84% respectively, making Georgia one of the leading countries in this aspect. At the same time, the banking industry proves to be particularly developed in Georgia. It can be said that the leading Georgian banks are not merely financial institutions, but also technology companies that create the most innovative products and services in the region, which, on the one hand, develops business and economy and, on the other hand, makes people’s daily lives much easier.
By Salome Lapachi3 years ago in Education
Technology in Georgia
What is Technology and how is the situation in Georgia? Georgia is one of the leaders in the region in terms of implementing technological innovations, which, in turn, has a positive impact on the country’s economy, business environment, startup ecosystem growth, and the advancement of entrepreneurship in general, as evidenced by the 2021 Index of Economic Freedom, where in among 45 European states Georgia ranked 7th. On the one hand, it can be assured that such success was due to a certain degree of national readiness among our community to master new technologies, on the other hand, the necessity of a competitive domestic market, the development of entrepreneurship, pandemic and e-commerce industry that has emerged in its trails, has brought incredible results to the country: For example, Georgia is one of the leading countries in the world in terms of mobile phone penetration and the Internet, which, according to data from 2021 are 86% and 84% respectively, making Georgia one of the leading countries in this aspect. At the same time, the banking industry proves to be particularly developed in Georgia. It can be said that the leading Georgian banks are not merely financial institutions, but also technology companies that create the most innovative products and services in the region, which, on the one hand, develops business and economy and, on the other hand, makes people’s daily lives much easier.
By Salome Lapachi3 years ago in Education
