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The resilience of the Israeli tech ecosystem



Israel stands firm in its unyielding battle against terrorism, a reality that we acknowledge and confront with relentless resolve. Amidst this struggle, our nation's technological prowess remains robust and unassailable.


During these challenging times, Israel’s tech ecosystem stands strong and proud. Businesses continue to serve and delight their customers, as always.


Resilience isn’t just a slogan. It’s the enduring spirit that has made Israeli tech what it is today.


Israeli tech companies deliver.


NO MATTER WHAT

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RESILIENCE IS ONE OF THE PRIMARY CHARACTERISTICS OF THE ISRAELI TECH ECOSYSTEM

The Israeli tech ecosystem has flourished over the years due to resilience, agility, and boldness. It is precisely these characteristics that strengthen us, even at times of great difficulty. This is the story of Israeli tech. We always deliver. And when obstacles get in our way, we overcome them, always.


ISRAELIS HAVE BEEN THROUGH CRISES BEFORE AND HAVE ALWAYS MAINTAINED BUSINESS CONTINUITY

This was true during earlier rounds of conflict, as well as during COVID, and economic crises. Israeli companies have always displayed the agility and speed needed to make the necessary adjustments to keep business as usual. Today is no different.


ISRAELI TECH IS A MATURE ECOSYSTEM WITH VAST EXPERIENCE

Tech leaders are well versed in crisis management - whether it's related to conflict, economic turbulence, or other factors. know how to work through it and deliver.


ISRAELI TECH IS ALREADY ADAPTING TO A “NEW NORMAL”

Yes, there is trauma and an ongoing conflict. But even with that, we are already close to being back to full operation mode - offices are open, the vast majority of the workforce is active (only 10-15% have been called to military service), and companies have made the necessary adjustments in order to continue delivering their service at the highest level to customers worldwide.


ISRAELI TECH COMPANIES ARE AGILE AND ACTING SWIFTLY

We are ready to maintain normal operations, even if the war continues for some time. Tasks and roadmaps are being prioritized, and companies with global team members are providing redundancy from abroad where needed.


ISRAEL IS NOT A WARZONE

The Iron Dome allows Israelis to sustain a fairly normal day-to-day. We can all work remotely, allowing all available team members to work together effectively from the office or home.


INNOVATION WON’T STOP

There is a rich history of transformative companies and products that have grown out of the Israeli tech ecosystem during and after periods of crisis.


WE’RE NOT ALONE

Over 450 multinationals have a presence in Israel. Their ongoing support and commitment highlight the confidence they have in our ability to always deliver. (Examples include Google, Microsoft, Amazon, Nvidia, Meta, and many others).


GOVERNMENT SUPPORT

The Israeli government has always been active in supporting the Israeli Tech ecosystem and is now allocating funds to ensure the health of our world-renowned tech scene. In fact, the Israel Innovation Authority has already issued an emergency funding plan extending $100 million in special aid to startups. This aid is just the start and is expected to grow significantly.


Unfortunately, in Israel, we are used to working under crisis and uncertainty. But fortunately, all Israeli hi-tech companies are built for worst-case scenarios.


We are strong, and as Golda Meir said 50 years ago - our secret weapon is that we have no other place to go, so we can’t lose. This is ingrained in the Israeli mentality, both in life and business.


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