BAKU, Azerbaijan, October 10. The Central Asia and Caucasus regions are becoming a center of innovation, Regional Director of Microsoft in the CEMA region (Central and Eastern Europe, Middle East, and Africa) Miladi Stumbu said during the "INMerge" Innovation Summit, organized by PASHA Holding for the fourth time, in Baku today, Trend reports.
"These regions are distinctly unique regarding their geopolitical and geographical situation. They aggregate substantial human capital, encompassing young and talented professionals. It is now essential to further cultivate this potential by providing individuals with the opportunity to gain skills that are sought after in the emerging economy, where artificial intelligence is pivotal," emphasized Stumbu.
She emphasized the significance of fostering entrepreneurship, both at the governmental level and through corporations such as Microsoft.
"All these innovative companies are creating technologies and innovations here, in the region. In today's global economy, there are no local companies. These organizations, although they develop their solutions in Central Asia, must target the global market," Stumbu added.
This summit, organized by PASHA Holding, aims to contribute to the development of the innovation ecosystem in the country, bringing together startups and investors to provide opportunities for collaboration, as well as creating a platform for exchanging ideas and experiences among all participants in the innovation ecosystem.
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