Israel's technology: the tech giant in the midst of war
15/11/2023
Diego Gutiérrez
Israel's technology: the tech giant in the midst of war

In a fast-moving world, Israel's technology has emerged as a key player on the global technology scene. As a technology M&A transactions-y-acquisitions-m-a/" data-type="URL" data-id="https://techma.bakertilly.es/M&A transactions-y-acquisitions-m-a/">M&A transactions and acquisitions (M&A) advisor, it is imperative to explore Israel's unique role in innovation and to understand how geopolitical conflicts, particularly war, can influence investments in this thriving sector.

How the growth of the technology sector in Israel has compared to other countries

In recent years, Israel's technology sector has experienced massive growth, becoming the crowning glory of the national economy.

Israel is the country in the world, along with South Korea, that spends the highest percentage of its GDP on research, development and innovation (RDI): 4.3%.

In addition, Israel is known as the "Start-up-NationThe 'n' because of its dynamic tech start-up ecosystem

Compared to other countries, Israel stands out for its focus on innovation and technology. According to the 2021 Global Innovation Index,it ranked as the fifth top country in the world for technological innovation..

It has also become a world leader in cybersecurity, defence, high-tech and Artificial Intelligence.

Israel's top 9 tech companies

Israel's most important technological

The country is known as a world leader in the technology sector, with a large number of start-up companies and an investment in research and development that exceeds that of many countries.Here are some of Israel's top tech companies::

1. CyberArk Software

CyberArk Software, based in Petah Tikva, stands out as a leading enterprise security company. Specialising in the anticipation of cyber threats, CyberArk Software positions itself as a leader in advanced defence against potential digital risks.

2. Monday.com

In the dynamic business landscape, Monday.com stands out as a leader in visual project management. Based in Tel Aviv, the company has taken project management to a new level by offering a highly customisable tool. Monday.com's innovation lies in its ability to adapt to the specific needs of each team and project, providing a versatile platform that boosts efficiency and collaboration.

3. Landa Digital Printing

Landa Digital Printing has revolutionised digital printing through its technological progress, the nanography. This innovation uses tiny particles of colourful inks to create precise and vibrant images, raising the standards of quality and efficiency in the publishing and commercial packaging sectors. More than a technology company, Landa Digital Printing is leading an industry transformation by combining innovation and sustainability.

4. OrCam

The company OrCam, Jerusalem-based, established by the founders of Mobileye, provides artificial intelligence-based assistive technology solutions for the visually impaired.

5. IronSource

IronSource is an advertising company that develops mechanisms for the monetisation and distribution of applications.

6. Check Point Software Technologies

Check Point Software Technologies is a cyber security company that provides security solutions for networks, mobile devices and computers.

7. Mobileye

Mobileye is a leading autonomous driving technology company specialising in the development of advanced driver assistance and collision detection systems. Founded with a vision to transform the automotive industry through technological innovation, Mobileye has been noted for its significant contributions in the field of road safety and autonomous driving.

8. Waze

Waze is a real-time traffic and navigation application that uses user data to provide accurate traffic and route information.

9. NICE Systems

NICE Systems is a software company that provides data analysis and call recording solutions for businesses and government organisations.

These are just some of Israel's leading technology companies, but there are many more that are making important contributions to the technology sector around the world.

How does the war impact on technological investment in Israel?

In the case of Israel, war and conflict in the region have had an impact on foreign investment and the technology sector. However, despite these challenges, the country has managed to maintain its position as a leader in the technology sector. According to an article in Forbes ArgentinaIsraeli tech companies have used "community" and "creative energy" to adapt during the conflict with Hamas.

Ultimately, war and conflict in the region can have a significant impact on foreign investment and Israel's technology sector. However, despite these challenges, it has managed to maintain its position as a leader in the technology sector thanks to its focus on innovation and technology.

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