Israel’s Technology, Media & Telecom Industry
An overview for businesses considering innovation investments
Business sustainability within the technology industry in Israel has depended on innovation since the industry's birth in the 1950s. Only by continually coming up with new offerings do technology companies withstand competition and retain loyal customers.
For businesses around the world that might want to tap Israel's technology innovation environment, this report offers a snapshot of the current technology industry in that country, focusing specifically on the Israeli technology, media and telecom (TMT) sectors. The report reviews the volume — and high valuations — of Israeli TMT companies being acquired by multinationals, as well as a number of major companies that are establishing innovation and research and development (R&D) centers in Israel. We also look at some of the reasons behind Israel's success as an innovation hub, and we offer thoughts on what companies can expect if investing in the Israeli TMT industry sectors.
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