Ongoing global unrest has compelled global companies such as the Israeli tech firm, Aman Group, to focus more on overseas activities to ensure business continuity. The company reports a surge in offshore service demand, leading them to expand business operations.
These measures are aimed at maintaining a sustainable, profitable, and competitive edge in a dynamic global market. Currently, the company is venturing into lucrative regions like East Asia, where the tech industry is experiencing rapid growth and displays interest in innovative Israeli technologies.
CEO Ben Pasternak disclosed that market instability and conflict led to a rise in offshore demand by 25 to 30%. Despite reduced sales in conflict-ridden areas, the company leverages this increased demand to accelerate its expansion plans.
Aman Group provides services to diverse clients, including financial institutions and gaming companies, amongst others. Many of these are industries greatly affected by the current unrest.
Aman Group’s expansion strategy amid unrest
Despite this, Aman Group continues to deliver reliable, client-centric solutions tailored to each client’s unique circumstances and needs.
Domestic businesses operating amidst unrest face numerous hurdles, including a lack of personnel and recent legal changes. Constant fluctuations in economic conditions due to international trade tariffs can diminish revenue while security risks to businesses and staff necessitate robust contingency plans.
Pasternak maintains a hopeful outlook despite challenges, emphasizing the skilled tech workforce and individual talents. He urges the reconciliation of these advantages with ongoing instability.
Pasternak is hopeful for an end to unrest and foresee a significant resurgence in Israeli businesses once peace is restored. He asserts Israeli businesses’ impressive resilience through these challenges, attributing it to their entrepreneurial spirit and creative prowess.
Finally, Pasternak stresses the urgency of focusing on strengthening international relationships rather than political differences. He calls for everyone to contribute to fostering a stable environment that would enable an economic boom in the region.
