Business & Decision Israel focuses on finance, life sciences

The Israel unit will be responsible for the entire group’s activities in the Mediterranean and Eastern European regions.

International consulting firm Business & Decision has launched activities in Israel. Business & Decision concentrates on the fields of business intelligence, customer relationship management, and e-business.

Business & Decision Israel CEO Michael Ben-Shabat stated that the company is establishing a new R&D center in Israel, and that Business & Decision Israel will be responsible for the entire group’s activities in the Mediterranean and Eastern European regions.

Business & Decision Israel reports that it has signed contracts with local companies such as a global pharmaceutical manufacturer, a leading bank, and a high tech company

The company is currently establishing competency centers in Israel for risk management for the financial sector, for the pharmaceutical industries, and for managerial monetary solutions. Its risk management center will focus on Basel II and Solvency II., and its life science solutions center provides solutions for pharmaceuticals, medical device, and biotechnology companies, in areas including fulfilling FDA requirements and implementing clinical and operational systems

The company was established in 1992 by Patrick Ben-Shabat, a graduate of the Technion. Business & Decision has acquired consulting and integration companies, and merged their activities since its 2001 offering on the Euronext exchange. The group recorded sales of 200 million euros in 2007. The company currently operates in 19 countries and employs over 2,500 consultants worldwide.

Currently, 60% of the company’s revenue is derived from business intelligence activities, and 40% from financial solutions.

Michael Ben-Shabat, CEO of Business & Decision Israel, says that the Israeli market is very attractive and ready for an innovative and neutral consulting and integration company. “We intend to provide customers in Israel with end-to-end services that include consultation, analysis, integration, and maintenance. The business understanding, the technological expertise, and the methodology enable us to achieve high rates of success in the projects we undertake while reducing the risks and significantly shortening the projects’ cycles”, added Ben-Shabat.

Published by Globes [online], Israel business news - www.globes-online.com - on May 6, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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