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Matrix IT Ltd. was established in 2001. The company is headquartered in Herzliya, Israel, and is publicly traded on the Tel Aviv Stock Exchange under the ticker MTRX. Formula Systems holds a significant ownership stake in the company. Matrix employs over 11,000 people globally, representing a massive operational footprint in the Israeli IT services and software development market. Moti Gutman has served as the CEO since the company's inception.

Matrix operates as a system integration, software development, and technology consulting firm rather than a single-product company. The firm executes large-scale IT projects for the Israeli government, defense sector, financial institutions, and healthcare providers. In addition to custom engineering, Matrix acts as a local distributor and integration partner for global technology vendors, including AWS, Microsoft, and IBM. The company also operates localized outsourcing centers, notably the "Talpiot" project in Modi'in Illit, which employs ultra-Orthodox women in QA and development roles, and Babcom Centers in northern Israel.

The company's services encompass cloud migration, data analytics, cybersecurity, and software quality assurance. Matrix operates through various specialized divisions and subsidiaries, such as Matrix Cloud, Matrix Defense, and Matrix Global. The John Bryce Training division serves as the company's educational arm, providing technology courses and professional certifications for the broader Israeli high-tech sector.

In the domestic IT services sector, Matrix competes directly with firms such as Malam Team, Ness Technologies, and Aman Group. Matrix frequently bids on and secures large public sector tenders and enterprise IT modernization contracts. The company has historically grown through ongoing M&A activity, acquiring dozens of smaller Israeli and US-based niche technology firms to expand its operational domains.

Matrix is deeply entrenched in the Israeli tech ecosystem, with its Herzliya headquarters supported by multiple development centers located in Tel Aviv, Jerusalem, Modi'in Illit, and other regional hubs. The company hires across a wide spectrum of roles, including software engineers, DevOps specialists, system architects, and project managers. Through its diverse employment centers, Matrix actively integrates underrepresented demographics into the Israeli tech workforce.

matrix (מטה)

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