Despite being a young country, Israel’s startup ecosystem is mature and growing, with funding for AI startups in the country reaching $5bn last year - around double that of 2017. After all, Israel is the “Startup Nation."
Israel is primed for exponential growth, and Oracle offers emerging technology companies in the region a boost with local data centers and teams, as well as access to all the business-building benefits of Oracle’s startup program.
Israel was one of the first markets to be involved when Oracle for Startups launched in 2017, and Oracle’s commitment to the region has not changed.
Among the many companies tapping Oracle as a technology partner, AgroScout is a great example of an exciting startup thriving in Israel with Oracle Cloud. “Leading in agritech, AgroScout’s AI drone platform is boosting crop production and food sustainability,” says Williamson.
Among his predictions for entrepreneurship in 2021, Oracle for Startups VP Jason Williamson mentioned Israel by name, “Israeli startups are known as pioneers.”
Oracle opened data centers across the Middle East to meet the demands of customers that require geographically distributed regions for business continuity and regional compliance requirements. In addition to the existing cloud regions in Jeddah and Dubai, Oracle is planning to open another in Saudi Arabia and UAE in addition to a cloud region in Israel. Those local data centers join Oracle’s expanding global footprint, offering startups complete coverage and confidence.
Oracle currently offers 29 cloud regions, plus multiple dedicated cloud regions for intelligence services, with plans to add nine additional regions by the end of 2021, bringing the total to 38.
“As an innovation hub, Israel is more than appropriate to have its own data center,” says Asaf Sobol, startup ambassador and Senior Business Development Lead of Oracle Tech in Israel. “Also, the special relationship Oracle’s top leadership has with Israel is unique,” he adds. From free and discounted cloud, to startup-approved events, to hands-on technical support and mentorship, there’s a lot on offer for Oracle for Startups members.
Williamson predicts Middle East innovation will drive global business growth. “Israel is the Startup Nation, but the UAE has been earning its own technology and entrepreneurial chops,” he says. Williamson believes the relationship between the two will be mutually beneficial.
“Israel gets access to the UAE’s investors and the ability to collaborate on tech, and vice-versa. While Israel has traditionally focused on the United States and Europe, the UAE has ties to the east and can help open opportunity to new markets like Malaysia, Indonesia and Pakistan,” he adds.
Oracle has customers all over the world. Oracle for Startups is therefore uniquely positioned to bring new and established companies together regardless of their location. Qualifying startups gain opportunities to connect with Oracle customers and expand their reach with connections into events, industry analysts, VCs, and more. With these Market Connect opportunities, startups are co-innovating and co-selling with Oracle, driving innovation for our customers and building their own book of business.
Remote support. The fully virtual program means that startups can scale from wherever they are, with access to on-demand resources and a team of experts dedicated to startup success in Israel and beyond.
To take advantage of the perks and begin building with free cloud, join us.