DevelopWay Verified Company


Founding Year 2009
Team Size 10-49
Cost of Services $$$$$ $30-70/h

DevelopWay CJSC is an IT consulting and software development company based in Armenia. Our mission is to provide IT Services and Products available to all. With more than 13 years of experience in the software industry, we’ve served 30+ happy clients, completed 50+ projects, and consulted 70+ teams.

We value professionalism, creativity, commitment, and responsibility. At the same time, we tend to put a special focus on the enthusiasm and imaginative approach of the younger generation.

Partnering with us, acquire a creative and professional team caring for your goals with cost-effective R&D!!!

Services we provide:

  • Custom software development

  • Mobile application development

  • Web development         

  • Desktop application development

  • IT Consulting

  • UI-UX design

Industries we cater to:

  • Medical and Healthcare

  • Manufacturing

  • Education

  • Technology

  • Entertainment

  • Government

Main Technologies we use:

Java, Kotlin, Android, Swift, iOS, PHP, JavaScript, Angular, AWS

What's the Company's Business Model?

We offer 3 types of engagement models to manage the relationship with our clients: dedicated teams, staff augmentation, and project-based model.

How we are unique:

  • We are a customer success-oriented company.

  • We work honestly and openly for fair rates.

  • We are in the software industry for the long term and have extensive experience in app and custom software development.

Achieved awards:

  • World Summit Award was given to our product DoctorMath as the best and most innovative digital solution in Armenia 2018

  • Our product DoctorMath startup was the winner of the startup-project regional competition organized by HEIFYE in 2018 within the framework of the ERASMUS+ Programme of the European Union

  • The annual award of best it managers 2011 was given to Davit Kocharyan (executive director of DevelopWay CJSC)

  • Company of the Month in Armenia Award by GoodFirms

Why choose Armenia as a Software Outsourcing Destination?

Many North American and European Companies choose Armenia for IT outsourcing because of the low-cost supply of highly skilled workforce with good knowledge of English and Communications. Costs of doing business are low, the environment is business-friendly. There are effective IP and Data Protection Laws in place, tax holidays & other benefits are provided by the Government to the IT sector.

DevelopWay at a Glance

Who Founded DevelopWay?

How many projects a year does DevelopWay deliver?

What is DevelopWay average cost per project?

What are DevelopWay company values?

Profile strength: Excellent

0 1

TOP! DevelopWay is one of those reputable companies that have a strong profile on TechBehemoths. Based on their experience, client references, testimonials, portfolio, you can rely on their competence. You can confidently contact them and send your project inquiry. DevelopWay is ranked in the top 31% among all 43,000+ IT companies on the platform.

Company of the Month in
Aug 2022
This is a monthly achievement for their digital presence, users' engagement with their profiles, company effort and shown capabilities. Learn more
TechBehemoths 2023 Awards Winner
TechBehemoths 2022 Awards Winner



105 Teryan str.
Yerevan 0009


Main Services Focus
  • Custom Software Development
  • Mobile App Development
  • Web Design
  • Web Development
  • IT Staff Augmentation
  • UX/UI Design
  • Product Design
  • IT Strategy Consulting
  • IoT Development

Client Focus

  • 40% - Small Business ($500k - $1M)
  • 30% - Mid-market ($1M - $10M)
  • 30% - General partnership ($200k - $500k)

Industry Focus

  • Health Care & Medical
  • Information technology
  • Education
  • Manufacturing
  • Arts, entertainment & music

DevelopWay Stats
You can learn more about company stats on TechBehemoths in this article.


How DevelopWay compares to other companies based on profile strength?

See how DevelopWay is positioned among 96 companies from Armenia based on profile strength. An excellent rate means that you can trust this company and initiate successful partnerships.


How much does DevelopWay charge for their services compared to other companies in Armenia and Yerevan?

DevelopWay charges between $30 - 70/hour, meaning that the cost of their services in Armenia is below average. This is perhaps a sweet spot. A well-optimized cost structure. It could definitely be a win in the end, but don't forget about your due diligence before hiring..


How many services does DevelopWay provide compared to other companies?

DevelopWay covers 31 services in their current region or area. This means that the company offers a high range of services compared to their competitors. That's great, but do your due diligence before. Too many services are also tricky. It might be that the company is a superstar indeed, but at the same time, they could be overwhelmed with just a little of everything.


When was DevelopWay founded?

DevelopWay was founded in 2009. According to TechBehemoths data, 2 companies were founded in Armenia in that year. Compared to other companies, DevelopWay is veteran in the market. What can be added here? A very experienced company, which most of the time works with bigger clients or long-term projects. If you are one of these - don't think twice and contact them.


From 3 reviews

  • reviewed on 3/11/2023

    Innovative Learning Platform

    DevelopWay took charge of the full software development outsourcing for our project, an innovative online language learning platform for children up to 12 years old. The team went beyond mere development by aiding in content curation and integration, and by ensuring a seamless payment experience for users. We sincerely endorse them for any web and mobile software development endeavors








  • reviewed on 13/1/2022

    Real-time seismic intensity display system

    DevelopWay has worked for JICA on 2 different software development grant projects over 2 years. Their work on Software for Network Communications in the project for Seismic Risk Assessment and Risk Management Planning in the Republic of Armenia has made a significant difference to our project. We needed a software development partner to create a system that would immediately determine the main parameters of the earthquake and display the intensity map of Yerevan city based on the data received. We selected DevelopWay CJSC to create a real time display system of seismic intensity distribution. They were really thorough with their work and provided quality deliverables. No issue is too much trouble for Armen and his team. We feel very satisfied with all the work done.








  • reviewed on 4/1/2022

    eTB-Clinic management system

    DevelopWay CJSC was selected to Implement the delivery of improvements and enhancements to NCP’s internal hospital management system and the associated technology infrastructure to meet World Health Organization’s new requirements and global standards.









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