Innovators in Israel are playing an important part in developing technologies critical to the future of Dallas-based AT&T Inc., according to a report in The Jerusalem Post.
The Post recently visited the AT&T Foundry in Ra’anana and senior executives from the U.S. innovation division were there as part of a weeklong visit to Israel.
“[For] almost every area that AT&T is participating in, leading and having business in, there’s a good depth of technologies and variety of companies here in Israel,” Igal Elbaz, vice president for ecosystem and innovation at AT&T, told the newspaper. “That is what is so unique here.”
“The primary mission of the Foundry is to go and find outside capability that could make a difference in the way AT&T operates, and facilitate bringing that into AT&T.”
AT&T executives emphasized the role of the Foundry is to locate and help develop new ideas and technologies.
“The primary mission of the Foundry is to go and find outside capability that could make a difference in the way AT&T operates, and facilitate bringing that into AT&T,” Chris Rice, senior vice president for AT&T Labs, Domain 2.0 Architecture and Design, told the Post.
The Foundry in Israel is one of six such facilities worldwide and the only one outside the U.S. In DFW, the AT&T Foundry is located in Plano.
The incubator in Israel harnesses the country’s startup ecosystem “to drive innovation into AT&T,” Gadi Porat, the Ra’anana Foundry director, told the Post.
TOP DEVELOPERS IN ISRAEL ARE RECRUITED
The Israeil Foundry recruits top developers in that country’s high-tech community and works with existing companies to take on challenges identified by AT&T leaders in the U.S.
It is housed at Amdocs, one of AT&T’s largest partners in Israel. The Israeli location opened in June 2011, and was the second Foundry to open, following the Plano location’s opening in February 2011.
The Foundry works with external startups and hire innovators to work inside the incubator, where they pitch ideas, provide proof of concepts, and possibly commercialize their concepts with AT&T’s assistance.
Elbaz said that the Ra’anana Foundry is successful.
“It grew up from a couple of people to be a couple of dozens of people,” Elbaz told the newspaper. “It allows us to be able to see more companies, to kick off more projects, and create more successful projects that have an impact on AT&T.”
Elbaz said: “The Israeli Foundry is vital and significant to our overall program.”