DevelopWay CJSC 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 15 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



Medical and Healthcare







Main Technologies:

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


How we are unique:

-we are in it for the long term.

-we are customer success oriented company

-our work is based on high quality and cost efficiency.


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 startup-project regional competition organized by HEIFYE in 2018 within the framework of the ERASMUS+ programme of the European Union

Annual award of best it managers 2011 given to Davit Kocharyan (executive director of DevelopWay CJSC)


Scale your business with technologies! Contact us for free consultation!

Many American and European IT industries choose Armenia for IT outsourcing because of 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.

Profile strength: EXCELLENT

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TOP! DevelopWay CJSC 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 CJSC is ranked in the top 9% among all 56,000+ 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



105 Teryan str.
Yerevan 0009

Company Speciality

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

Client Focus

  • 35% - Small Business ($500k - $1M)
  • 30% - Mid-market ($1M - $10M)
  • 25% - General partnership ($200k - $500k)
  • 10% - Starting to scale (<$200K)

Industry Focus

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

DevelopWay CJSC Stats


How DevelopWay CJSC compares to other companies based on profile strength?

See how DevelopWay CJSC is positioned among 62 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 CJSC charge for their services compared to other companies in Armenia and Yerevan?

DevelopWay CJSC 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 CJSC provide compared to other companies?

DevelopWay CJSC covers 28 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 CJSC founded?

DevelopWay CJSC was founded in 2009. According to TechBehemoths data, 1 companies were founded in Armenia in that year. Compared to other companies, DevelopWay CJSC 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 2 reviews

  • 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.

    The company's budget flexibility and understanding


    Company's professionalism, dedication with the project


    The company's understanding of the timelines and the ability to deliver in the agreed terms


    The ability to form and deliver clear messages within the process

  • 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.

    The company's budget flexibility and understanding


    Company's professionalism, dedication with the project


    The company's understanding of the timelines and the ability to deliver in the agreed terms


    The ability to form and deliver clear messages within the process


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