Israel’s coastal plain region is often referred to as Silicon Wadi, a reflection of the country’s commitment to fostering tech startups and attracting global enterprises. According to a report from the Bay Area Council, Israel invests roughly 5 percent of its GDP into tech research and development, which has helped support several thousand startups. At the same time, it collaborates with Jewish founders, who often reinvest or begin projects in Israel. Below are some of the top international companies in Israel to know.
Top Multinational Companies in Israel to Know
- CrowdStrike
- monday.com
- Snowflake
- Broadcom
- Run:ai
- Monte Carlo
- PTC
Multinational Companies in Israel
CrowdStrike is a cybersecurity platform offering an array of security solutions, including ransomware blocking, data protection, endpoint threat response and cloud security. The company also leverages emerging artificial intelligence tech to bolster its offerings by automating certain processes and provide faster threat responses.
Monday.com develops productivity software and tools. The company was founded in Tel Aviv, and many of its products feature modular designs, which enable its clients to tailor the platform to their specific needs. After successful product launches and funding rounds, monday.com expanded to the United States, England, Japan and Australia.
Snowflake is a big data company that helps organizations mobilize siloed data into a comprehensive unit to build applications and software. In operation since 2012, Snowflake has a long track record of working with some of Israel’s largest companies and ultimately decided to open a local office in 2021 to better serve its clients.
Broadcom is a global technology company that supplies semiconductors, storage solutions and connectivity devices. Headquartered in Silicon Valley, the company has several satellite offices including in Tel Aviv and Nazareth.
Run:ai helps clients optimize their AI systems through its intuitive platforms, Dev and Cluster Engine. These help clients speed up their engine development, optimize GPU performance and execute queries with optimal performance. Meanwhile, its Control Plane software provides visibility into AI infrastructure and workloads.
Monte Carlo is a global data and AI company with an office in Tel Aviv. Its flagship product assesses the quality of a company’s data and finds weak points that need addressing before incorporating it into digital products or for analysis.
PTC is an industrial software development company with offices in Haifa and Herzliya. Using talented in-house developers, PTC develops bespoke augmented reality, IoT and automation software to improve manufacturing efficiency. It also provides an extensive lineup of pre-built software for application lifecycle management.
WSC Sports uses AI and machine learning to create short-form sports content. Trusted by leagues like the NBA, MLS and NASCAR, the company uses a proprietary engine to analyze live broadcasts for critical moments and edits selected clips into highlight videos for web publishing.
EToro operates a multi-asset exchange that sells cryptocurrencies, stocks and CFDs. The platform also features social trading features that enable users to emulate trades from top investors and firms. It was founded in the United Kingdom but has offices in various countries.
Peiko is a software development company with experience building blockchain platforms and mobile applications. In addition to its traditional web development work, Peiko also provides outsourcing services for IT and software projects.
