Jan. 31, 2013
-- Ciklum, one of Europe’s leading providers of software development outsourcing and IT/Agile consulting services, announces the expansion of its business development operations to Israel.
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,”
says Eran Cohen, Country Manager, Ciklum Israel. “Now, with the establishment of Ciklum Israel, we are able to offer hundreds of local companies a state-of-the-
art solution for their fully outsourced or distributed software development – Own Agile Development Center in one of our 7 Eastern European locations. Our unique business model will help them solve their most critical issues such as high cost of domestic development, slow time to market, lack of resources within Israel and others. “
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.