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FORTY - Formula Systems (1985) Ltd. ()

Overview

Company Summary


Formula Systems (1985) Ltd., also known as FORTY, is a multinational information technology (IT) solutions and services provider. The company offers a wide range of IT solutions to clients across various industries, including finance, telecommunications, healthcare, and government sectors.

FORTY specializes in developing and implementing innovative IT solutions to help organizations improve their efficiency, productivity, and overall performance. The company provides a comprehensive suite of services that cover the entire IT lifecycle, from consulting and system design to integration, implementation, and ongoing support.

Some of the key areas of expertise for FORTY include software development, infrastructure and cloud services, data analytics, cybersecurity, and quality assurance. The company's portfolio consists of both proprietary solutions, developed in-house, as well as solutions from strategic global partners.

FORTY's software development capabilities span various technologies and platforms, enabling them to create tailored software solutions that address specific business needs and challenges. These solutions can range from enterprise resource planning (ERP) systems and customer relationship management (CRM) software to mobile applications and custom-built platforms.

Additionally, FORTY offers infrastructure and cloud services, which involve designing and managing complex IT infrastructures, including data centers, network systems, storage solutions, and virtualization deployments. The company leverages cloud technologies to provide scalable and cost-effective IT infrastructure solutions to its clients.

Data analytics is another area in which FORTY excels, helping organizations extract valuable insights from their data. By utilizing advanced analytics tools and techniques, FORTY enables businesses to make data-driven decisions, optimize operations, and gain a competitive edge.

As cybersecurity threats continue to grow, FORTY helps organizations protect their data and IT systems against such risks. The company provides robust cybersecurity solutions, including threat detection, vulnerability assessments, penetration testing, and incident response services.

To ensure the quality and reliability of their solutions, FORTY offers comprehensive quality assurance services, including testing, verification, and validation. These services ensure that software and IT systems meet the highest industry standards and function as intended.

Overall, Formula Systems (1985) Ltd. (FORTY) offers a comprehensive suite of IT solutions and services to help organizations leverage technology for improved efficiency, productivity, and competitiveness in today's rapidly evolving business landscape.

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