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A Multi-Billion Dollar Industry Close examination of Israel's software industry reveals a remarkable picture of innovation, growth and diversification. The figures speak for themselves. In 1990, software exports from Israel amounted to $90 million. By 2000, overseas sales had soared incredibly to $2.6 billion and even if the staggering average annual growth of 25% should not be maintained in 2000, the forecast is that exports will surpass $3 billion by the end of the year. Domestic sales have been growing by 10% per annum and overall sales for the industry are expected to top $4.2 billion in 2001. Ongoing sales growth reflects the ability of Israeli software houses to devise technologies, software systems, entire packages and products that meet market needs. Local software developers continually conceive new technologies and products, which either complement new developments in hardware design or fill a vacuum in the market. These products encompass virtually every sphere of human endeavor, including commerce and industry, education and government, banking, finance and leisure. This exceptional success can be attributed to the Israeli software industry's greatest asset - the caliber of its human resources. There are currently about 35,000 computer specialists in Israel, 14,500 of whom are employed in the country's more than 400 software houses. Not only are these experts highly qualified and educated at the finest universities in Israel and abroad, they also possess extensive experience and technical know-how and are endowed with an unrivalled spirit of initiative and enterprise. |
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Technological Independence  Focusing on Export Markets World Software Center Potential for Cooperation Capital Investment Opportunities International Foundations & Agreements Private Venture Capital Companies Office of the Chief Scientist Into the 21st Century |
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