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Matrix IT Ltd (Matrix IT) is a developer of technologies, software solutions and products. The company offers services such as customer experience, customer relationship management (CRM), enterprise resource planning (ERP) tafnit, and priority. It also offers services such as call centers, warehouse management system (WMS), 3d printing, matrix open hub, artificial intelligence, big data and analytics, Databricks CoE, hyper automation services, and others. Matrix IT consulting services including customer facing, business excellence, defense consulting, urban planning and environment, infrastructure and transport. Matrix serves healthcare, high tech, public, retail, finance, and defense sectors. The company major business partners include Microsoft, Amazon Web Services, Apple, Lenovo, VMWare, International Business Machines Corporation, Red Hat, Oracle, HP, SAP, DELL-EMC and BMC Software Inc. It has operations across Europe, the Americas, Asia, Australia and the Middle East. Matrix IT is headquartered in Herzliya, Tel Aviv, Israel.
Headquarters
Israel
Address
3 Atir Yeda, Kfar Saba, Tel Aviv, 4464303
Website
www.matrix-globalservices.com
Telephone
972 9 9598840
No of Employees
12,880
Industry
Technology and Communications
Ticker Symbol & Exchange
MTRX (TLV)
Revenue (2024)
$1.8B
11.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
12.8%
(2024 vs 2023)
Market Cap*
$2.7B
Net Profit Margin (2024)
XYZ
1.0%
(2024 vs 2023)
* As of and is in US$
Matrix IT Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Customer Experience |
| Customer Relationship Management (CRM) |
| Enterprise resource planning (ERP) Tafnit and Priority |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In February, the company acquired Magic Software Enterprises Ltd. from Formula Systems (1985) Ltd. |
| 2024 | New Products/Services | In September, Matrix Business IT unveiled Matrix Mobiles. |
| 2023 | Contracts/Agreements | In September, the company entered into a partnership with Altair to offer Altair's data analytics and AI portfolio. |
Competitor Comparison
| Key Parameters | Matrix IT Ltd | Amdocs Ltd | Allot Ltd | Amanet Management & Systems Ltd | MidLink Computing Ltd |
|---|---|---|---|---|---|
| Headquarters | Israel | United States of America | Israel | Israel | |
| City | Kfar Saba | Saint Peter Port | Hod Hasharon | Tel Aviv-Yafo | - |
| State/Province | Tel Aviv | Michigan | - | Tel Aviv | - |
| No. of Employees | 12,880 | 26,969 | 491 | 2,696 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Guy Bernstein | Chairman | Executive Board | 2007 | - |
| Eliezer Oren | Vice Chairman | Executive Board | 2004 | - |
| Nevo Brenner | Chief Financial Officer | Senior Management | 2002 | - |
| Ranit Zexer | Chief Technology Officer | Senior Management | 2001 | - |
| Sigal Nissim | Chief of Staff | Senior Management | 2001 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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