Company DescriptionMatrix IT Ltd. provides information technology (IT) services worldwide. The company offers consulting services in the areas of customer experience, and supply chain and logistics; develops and implements customer relationship management solutions; operates a customer service center; and provides enterprise resource planning solutions to businesses. It also offers business intelligence, big data, and analytics solutions, as well as digitization services; and research and development, testing and automation, nearshore, offshore, training and implementation, and DevOps services. In addition, the company provides cloud solutions; develops data platforms; develops and supports integration platforms; and offers IT-as-a-Service. Further, it provides cyber security services; financial crime prevention and compliance solutions and services; and business continuity management and disaster recovery solutions. Additionally, the company offers customer facing, business excellence, defense, urban planning and environment, infrastructure and transport, healthcare, supply chain management, and innovation consulting services, as well as distributes software products. It serves healthcare, high-tech, public service, retail, finance, and defense sectors. The company was incorporated in 1989 and is headquartered in Herzliya, Israel.
How the Company Makes MoneyMatrix (MTRX) generates revenue through a diversified business model centered around providing engineering and construction services to industrial clients. The company's key revenue streams include project-based contracts, where they offer end-to-end solutions from design and engineering to construction and maintenance. These projects often involve long-term agreements and partnerships with major energy and industrial companies, ensuring a consistent flow of income. Additionally, Matrix may also earn from ancillary services like technology integration and consulting, leveraging its expertise to drive project efficiency and cost-effectiveness for its clients.