To support enterprises looking to discover innovative ideas, technologies, and capabilities outside their own walls, Deloitte has launched the Innovation Tech Terminal (ITT) in Tel Aviv, Israel. Through immersion tours and scouting services, ITT helps US and global clients access and leverage the Israeli innovation ecosystem, a leading global hub for innovation.
“Our large multinational clients are pursuing innovation and growth strategies and often turn to Deloitte to explore and grow their external innovation networks. Deloitte has a unique ability to scan and identify emerging technologies, trends, and startups and introduce clients to potential alliance partners based on relationships we have with innovative incubators, accelerators, venture capital firms, and think tanks across academia, industries, professional organizations and other businesses. The ITT allows us to expand the reach of that work by helping clients establish relationships in the fast-growing and highly innovative Israeli startup market”said Jeff Schwartz, principal, Deloitte Consulting LLP.
“The ITT opens doors for multinational clients who wish to become part of the innovative technological hub that is Israel,” said Amit Harel, Innovation practice leader, Deloitte Israel. “Our dedicated team provides service offerings including scouting services and immersion tours to connect clients with startups that align with their business and strategic goals. Clients also visit with local and global venture capital firms and government officials as part of an immersion tour to better understand the environment and opportunities in Israel.”
Clients will have the opportunity to meet with quality startups, entrepreneurs and stakeholders, and to experience disruptive technologies firsthand. For example, automotive company executives looking to protect their connected vehicles from hackers can experience a simulated hack—as they’re driving—conducted by a cyber startup. They can then learn about emerging technologies to safeguard their products from such attacks.
Deloitte will maintain a dedicated core team of ITT professionals from Israel and the US to work together in Tel Aviv to establish relationships with key ecosystem players, conduct research, build content and deliver solutions to clients.