Formula Systems (1985) Ltd. ("Formula"), a member of Asseco group, is an IT global solutions provider with over 14,000 software professionals and aggregate sales of approximately $1.1 billion for 2016. Formula Group offers a wide range of IT solutions and services in over fifty countries. Formula, through its subsidiaries and affiliates, provides quality IT solutions worldwide, developing and implementing innovative, proprietary software, services and solutions, turnkey projects and outsourcing services as well as software distribution and support. Formula subsidiaries, affiliates and business partners, have developed proprietary solutions that are installed and used by prominent clients around the world. Formula subsidiaries and affiliates provide their proprietary cross industry solutions for e-business development, data center management, software development, software conversion & porting and other advanced solutions. When providing a turnkey solution to a client, Formula Group companies can act as system integrators, integrating their proprietary products as well as third party products into the complete solution provided to the client's satisfaction.
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