Tashkent, Uzbekistan (UzDaily.com) -- As part of the week of information and communication technologies "ICTWEEK Uzbekistan 2022", Innotech Group, a high-tech fast-growing IT company, together with OCTO IT company, signed an agreement on strategic partnership in the implementation of digitalization projects and automation of business processes.

Innotech and OCTO will implement joint projects in the field of technology, innovation and commercial activities in Uzbekistan.

The economy of Uzbekistan is now in the stage of active development: in 2021, GDP growth exceeded 7%. Against this background, the IT sector is actively developing: investments in fixed assets in it, according to the Center for Economic Research and Reforms, have grown 4 times over 4 years. The direction of IT in the region is one of the drivers of the economy, and has recently become a center for attracting additional investments. The attractiveness of the local market is growing, including for international IT players focused on export opportunities. According to experts, 22 million people use remote payment services in Uzbekistan. Thus, fintech and related areas are one of the most promising areas in the region.

“Innotech Group is actively developing partnerships in Uzbekistan and seeks to expand cooperation with companies and the public sector in the region. Uzbekistan is a strategically important market for us: there are all opportunities for launching large-scale projects in the field of IT and high technologies that will meet the needs of both the state and business, as well as end users. - says Dmitry Kharitonov, General Director of the Innotech Group. “Now projects that contribute to the development of innovations are coming to the fore in the region, and we hope that together with OCTO we will take a big step towards the technological development of the local market.”

“One of the main priorities for OCTO is to establish international partnerships to bring innovative technology solutions to both the public sector and businesses, as well as end users. “We are driven by the desire to improve the daily lives of millions of people throughout Uzbekistan and beyond by providing them with access to modern high-tech products. For OCTO, partnership with the Innotech Group is of strategic importance. I am convinced that our joint projects will contribute to the development of innovations in the IT market of Uzbekistan,” said Alexei Maksimov, CEO of OCTO.