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Follow on Google News | Ciklum Expands Its Business Development Operations to IsraelLeading Danish provider of nearshore IT development and consulting services enters Israeli market with a compelling value proposition for companies seeking external IT resources and better grasp of innovation.
By: Ciklum One of the decisive factors driving Ciklum’s decision to open a new Sales Office in Israel is that technology innovation has been the cornerstone of the success of the Israeli business landscape over the past decades. As a result of this, Israel became home to many companies that pioneer new technologies, shape innovative computing and business models and become global industry leaders in many areas including Internet, online gaming, mobile computing, communications, digital media, etc. Israel has repeatedly proven its track record and leadership in such categories as expenditure on R&D as a percentage of GDP, proportion of engineers to other residents and per capita VC investments. Today, Israel ranks 2 globally after the United States for the number of startups that raise significant amounts of funding from global and local investors, according to the Israel Advanced Technology Industries Review 2012. All these and other factors made Israel an extremely attractive hub for Ciklum to develop new business opportunities. “With one of the world’s largest and most successful high-tech industries, Israel has always been a source of innovation and creativity,” Ciklum is looking forward to becoming a true long-term partner for many Israeli companies that focus on globalizing their software development and / or seek professional Agile/Scrum, Business, and IT Consulting services. End
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