Israel Active

Israeli high-tech “exits” declined by 33% in 2018 amid a maturing of the local tech ecosystem, according to PwC’s Israel 2018 Exits report. Also, less Israeli start-ups close each year; the IVC Research Center reported a steady decline from 710 failures in 2014 to 352 failures in 2017.

4 million tourists from all over the world visited Israel in 2018, the highest number ever. Great weather, diverse culinary, the cultural scene and some of the most beautiful places in the world - make Israel a great travel destination.

Israel’s Mellanox has successfully deployed its RDMA over Ethernet (RoCE) 25Gbps ConnectX network adapters in Alibaba’s production network. Mellanox adaptors are now accelerating the performance of a wide range of Alibaba’s applications, including its key online services

Israeli solar-cell printing start-up Utilight is to construct two manufacturing plants in Gaza border communities to boost their economy. Utilight’s innovative laser printing technology produces superior, cheaper and lighter solar cells, with improved energy harvesting.

J P Morgan Chase, the largest US lender, is increasing its technology presence in Israel, joining other global financial firms seeking to benefit from the country’s large pool of fintech experts. It plans to employ as many as 200 engineers at its Herzliya office in the next two years.

Israeli-founded BetterTrader.co identifies significant stock market events in real time. It then uses historical data and artificial intelligence to calculate the magnitude of these events and predict market reaction.

Only in Israel would an advert for a car rental company (Eldan) be a PR promotion for the whole country.  Tel Aviv, Jerusalem, Dead Sea, Eilat, the Galilee,

Israel-based Omen Casting is investing over $15 million to increase its production in Richmond, Indiana, providing 200 new jobs by 2022. Omen makes steering components, drivelines and oil pumps for the automotive industry. Eight Israeli companies operate in Indiana.

Ecclesiastical Insurance has selected Israel’s Sapiens International as part of its aim to transform its ethical UK and Irish business. Its property and casualty/general insurance will use Sapiens’ IDIT suite and Sapiens’ Reinsurance replaces its general insurance systems.

Israel’s SuperUp is the world's first eComMarketing platform for enterprises to provide their consumers with the highest standards of online shopping. The end customer receives personalized recommendations - in real time.