Investment Intelligence 2.0 – Four Key Takeaways
At the end of last month, we were privileged to host two veterans of the research industry for a wide ...
By Ilan Furman, CFA
Israel, the country most known for its tech achievements, is in the midst of war against terror. Though the current situation is challenging we continue to witness the resilience, global integration and the long term potential of Israel’s tech ecosystem.
Current days – Israel’s tech ecosystem in the midst of the war
Since October 7th , following a deadly attack by Hamas, Israel in general and of course, Israel’s tech sector are under stress. Currently many employees are drafted for reserves, and the country faces limited travel capability and geopolitical instability. However, amid all these challenges, the sector continues not only to pursue its business objectives but also supporting civil and humanitarian objectives.
Most of the activity is done on the civil front – some tech companies converted their offices to house refugees from Southern and Northern Israel, some enabled free access to their products and services, giving relief to the local population. On the humanitarian front there is activity as well. For example, companies are applying different methodologies to aid locate and bring back the hostages.
Israel’s tech segment also plays a role in defending Israel. This leads to significant innovation in defense. The iron dome is at the forefront of such innovation. This is a defence system that helps protect cities and civilians by intercepting and destroying rockets in mid-air. This system was actively used in saving lives and generated a lot of interest around the world.
From a business continuity perspective, there are several factors supporting the sector in these challenging times.
Israel tech segment is very integrated with global tech segment – examples:
The Israeli tech segment continues to be very integrated with the global tech segment. This is a key contributor to the resilience of this sector. Reviewing several examples below, indicating and supporting the expectation for a prosperous trajectory.
Even in uncertain times, Israel remains a true technology power house providing opportunities for investors around the world.
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