This week was exceptionally busy. Yesterday evening, we arrived at an agreement with our Israeli partners to create a Pentalog subsidiary in Tel Aviv. As for today, I am writing this blog from Schiphol airport since we are studying the possibility of establishing a powerful commercial partnership in Holland.
Concerning Israel, we can say that this investment is justified by the insolent health of Israeli high tech and ultimately the entire economy of the country. Israel is the only non-Asian developed country to display a positive growth rate in 2009. This performance of 0.5%, although modest, is quite remarkable and demonstrates the incredible investment effort of an entire nation in the entrepreneurial and innovation sector. Not less than 6% of their GDP is invested in R & D when Europe displays an ambition of 2 and reaches a performance of … 1.
But more surprising still, Christine Lagarde, while attending a France-Israel gala dinner Tuesday evening, said that the amount of Israeli investment in new technologies was identical to that achieved by… France. Settling into the Israeli city that houses 50% of the total investment, would place Pentalog at the heart of an innovative center more than 100 times more powerful than that of Sophia Antipolis and much more comparable to Silicon Valley.
Knowing that Pentalog has become in recent years the leading provider of maintenance and R & D services for French start-ups, a French presence in the heart of this “Start Up Nation” is very strategic. I can not help but think at this very moment of Pentalog Lab and its’ strategy to break with the traditional world of IT services. To promote its products from Israel would be positive in terms of image and would help us to work our way into the U.S. market. Scouts of Uncle Sam did not hesitate to come here do their shopping, in this supermarket of innovation.
Our partners are very experienced people, and this just puts the icing on the cake, they have over 15 years of experience in offshore in Romania and Moldova. All the conditions have been met to do something great… let’s make it happen!






















