A Latvian IT consulting company behind ONYOFFICE, Ascensio Systems LLC decided to launch an independent company in Yerevan that will focus on customer care and training services. The company helps worldwide customers, from small local businesses to large enterprises and government offices successfully implement and use ONLYOFFCE products. The Workspace collaboration platform supplies users with all the tools for their daily business tasks — these include managing documents, project planning, and scheduling, client relations, and email.

ONLYOFFICE is an open-source office suite that was launched 12 years ago and has grown into a family of office apps used by millions of people around the world. It is a collaborative online editing tool for text documents, spreadsheets, presentations, and online forms which is integrated into over 30 popular platforms including Nextcloud, ownCloud, Jira, Redmine, and SharePoint, and used as a component in hundreds of enterprise services and web applications.  Its customers include big names in the manufacturing, education, finance, and law sectors, as well as government offices in Europe, APAC, and other regions: ORACLE, Fujitsu, Suzuki, Paris 1 Panthéon-Sorbonne University, Academy of Lille, University of Bremen, Ministry of the Interior of France, Thomson Reuters, Deloitte, and more. 

The Armenian IT sector has shown unprecedented annual growth of 23% on average. Over the past two years, more than 20 start-up companies in Armenia have together received $700mln of investment. Armenian start-ups are exempt from taxes on business, and the income tax for employees is 10%. NVIDIA, Adobe, Synopsis, AMD, TeamViewer, Renderforest, Miro, and BostonGenes - this is just a small amount of the world's IT-influential companies that have chosen Armenia as the next location for their offices, branches, analytical and R&D centers.