YEREVAN, OCTOBER 11, ARMENPRESS. Armenian State University of Economics (ASUE) and the world's largest provider of enterprise applications SAP announced about collaboration within SAP University Alliance. ASUE will be the first university in Armenia to join the SAP University Alliance as a full member and will be able to teach a range of academic disciplines using SAP products, as well as conduct academic research. The cooperation agreement at the SAP NOW business conference in Armenia was signed by Rector of ASUE Diana Galoyan and Managing Director of Multy-country cluster, SAP CEE Alexander Metechko. 

In this way ASUE will join a community of more than 3,100 of the world's leading universities in the education program. ASUE will have the opportunity to teach students, to improve the qualifications of lecturers and to prepare research papers using the world's best practices accumulated by SAP. Students and lecturers will have access to courses and SAP learning systems.

ASUE also plans to participate in the SAP Innovations Challenges program run by the SAP Innovation Center Network. ASUE has planned to create innovation technology work zone/lab, where students will have the opportunity to get acquainted with and use SAP innovative solutions. In addition to that ASUE is planning to organize start up incubation events. The ASUE primary goal in this context is creating digital culture, boosting knowledge-based achievements and providing sustainable job opportunity for the young generation.    

«SAP is actively investing in IT education. Our main goal is to make IT technologies truly accessible to students, so that when they enter the competitive market, they can work with any innovative solutions. And not only to work, but also to create new scenarios using the world's best practices», — said Alexander Metechko, Managing Director of Multy-country cluster, SAP CEE.

«ASUE is proud and excited to join renowned SAP University Alliance and become part of the community that includes over 3100 world’s leading universities. Current trends of education and progress state that no profession can be complete without skills and knowledge on innovation technologies and this is especially true in the field of Economy and Business. I am confident that our cooperation with SAP will contribute to improving qualifications of our lecturers and producing competitive students», — said Diana Galoyan, Rector, ASUE.

About companies:

SAP is the world's largest provider of enterprise applications. Founded in 1972 in Germany, it has become one of the world's leading manufacturers of business process management software solutions, developing enterprise software to manage business operations and customer relationships. The company offers solutions for 25 industries and 12 lines of business: 99 of the 100 largest organizations in the world are customers of SAP company. The organization provides jobs to more than 110,000 employees in 180 countries.

SAP has been working in Armenia for more than 10 years. Today, Armenia’s IT market is one of the most promising ones in terms of business development, speed of introduction of new technologies, openness to innovations and joint digital projects, and SAP has become one of the key suppliers of business solutions to this market. SAP shares business practices and years of experience in various industries and have launched many projects in the financial and public sector, retail, logistics and manufacturing.

ASUE

Armenian State University of Economics (ASUE) is the 2nd largest university in Armenia with over 7000 students and over 700 staff members. The University currently offers a wide range of Undergraduate, Graduate and Postgraduate courses in Management, Finance, Marketing, Accounting, Business Administration, International Economic Relations, IT, Statistics, Data Science and so on. ASUE has 6 Faculties, two branches in Armenia and partnerships with local and European universities, which provide opportunities to the students to study at different locations and achieve double and cross disciplinary degrees. ASUE has been ranked in TIMES Impact Ranking and QS World University Rankings of EECA international rankings. ASUE is a member of several international university networks and organizations, such as The Black Sea and the Eastern Mediterranean Academic Network (BSEMAN), Association of Economic Universities of South and Eastern Europe and the Black Sea Region(ASECU), The Eurasian Universities Association (EUA), Copernicus Berlin e. V., CIS Network University, Association for the support of Scientific Research and so on.

ASUE has over 90.000 alumni many of which are notable leaders in their respective fields including the President of Armenia, ministers and other high-level government officials, CEOs, successful entrepreneurs, international advisers and so on.  

ASUE is renowned not only for its excellence in teaching but also for its research and various labs and centers. AMBERD research center is the leading think tank in Armenia. It conducts researches, analysis, and scientific developments in close cooperation with legislative and executive bodies of Armenia and international partners from Germany, China, France, Poland etc. AMBERD research center is in top 100 ranked university-affiliated think tanks in the World (2019 Global Go to Think Tank Index Report of the University of Pennsylvania).  The University also has Innovational and Institutional research lab, Lifelong Learning Lab and Change Lab, etc., that create additional platforms for students not only to gain more practical skill and connect with employers.

Additional information:

The SAP University Alliances program enables academia to educate the next generation for the Intelligent Enterprise and the experience economy, engage at SAP events, build industry partnerships, and prepare graduates for the SAP ecosystem. At the global level, more than 3,100 educational institutions from 116 countries, more than 50 academic innovation and development centers, startups, and research projects are participants in the program.

EU TUMO Convergence Center and Russian-Armenian University are an associate member of the SAP University Alliances program. They have access to SAP software and learning content, and a partnership with the SAP network, including SAP Next-Gen Labs around the world.

SAP Next-Gen – a project-based learning format based on Stanford University school model, aimed at attracting motivated students, leading scientists and researchers to solve real industrial problems and create prototypes of innovative solutions using SAP platform technologies assuming physical and virtual presence at focus universities

SAP Innovation Center Network, multidisciplinary teams from several locations worldwide work on use cases that can't be solved with today’s technologies but require bold ideas. SAP Innovation Center Network combines the diligence and foresight of research with the speed and ambition of a startup.

SAP Innovation Challenges was launched in Armenia in October 2021 from a strategic collaboration with EU TUMO Convergence Center aimed at helping university students and recent graduates understand, utilize and shape digital technologies. With TUMO, SAP Innovation Center Network provided 22 innovation challenges to explore emerging technologies and concepts, each associated with one of four SAP Innovation Center Network projects: augmented extended planning and analysis (xP&A), augmented access control, future of self-service, and future of asynchronous work. During the four months, experts from SAP Innovation Center Network monitored the progress of all challenges and were in constant exchange with the participants to support if needed. 

After working on their projects, the students presented their outcomes at a demo day in April 2022 in front of SAP and TUMO experts as well as SAP customer ACBA Bank and partners.

The second round of the program, supported by SAP Startup Factory by BANA, ended in early October, 2022.

More than 100 students from various Armenian universities took part in the SAP Innovation Challenge at TUMO Labs and dozens of projects were made under the guidance of the SAP Innovation Center Network.