An IT Powerhouse by the early 1990’s, IT exports from Israel totaled $90 million. In 2000, that figure was up to $2.6 billion. Today, IT exports have topped $3.6 billion, representing over one-quarter of all technology exports from Israel and almost one-tenth of the total national export. Additionally, the Israeli software sector draws over one-third of all foreign investment in Israel. Israel’s unique geographic, geopolitical, demographic, and cultural characteristics have combined to create a genuinely different software development climate – where innovation and entrepreneurship is the norm, early adoption is the rule, and innovative thinking is a day to day phenomenon.