COUNTRY FOCUS : ISRAEL
Can you offer some insight into why Global Technical Realty chose to invest in Petah Tikva ?
Petah Tikva is Israel ’ s premier data centre hub and is already a base for many high-tech multinationals and communications companies such as AWS , Google and Microsoft , among others . Israel has made a strategic long-term investment decision to develop multiple new business and financial centres , and the dynamic environment continues to draw numerous organisations to the country – ranging from those in financial tech to security , through to the biotechnology field and into the medical devices sector . It ’ s an exciting space to
be part of , and investing here made sense given the expertise we can bring to such fast-moving and agile businesses that rely heavily on data .
What defines Israel as an entrepreneurial hub for high-tech innovation ?
There are clearly many factors that define an area as an entrepreneurial hub . For Israel , it could be argued that a clear connection is because software development has become such a huge part of the infrastructure . Where there is thriving software
Franek Sodzawiczny , Founder and CEO at GTR development , there is thriving tech talent and as the competition in the market accelerates to find the right skillsets , more investment and market attention is likely to come . To that end , Israel will not refer to itself as a ‘ startup ’ hub indefinitely , and its progress to becoming a more established business hub is already apparent with multiple well-known brands establishing offices in the country , alongside continued significant investment in the supporting infrastructure .
What future advantages do you predict for your organisation after this investment ?
Our ability to remain agile is most definitely a key advantage for GTR . The data centre sector is both fast-moving and competitive , but a lot of potential
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