OverviewSuggest Edit

Magic Software Enterprises empowers customers and partners around the globe with smarter technology that provides a multi-channel user experience. Our future-proof platforms provide a productive environment for streamlined development and deployment, and effective integration of core business applications, supporting scalable deployment on multiple channels, including on-premise, Web (HTML5), rich Internet, mobile, and SaaS. Using a fresh metadata-driven approach and forward-looking expertise, we deliver products and services that can be deployed with minimal effort, while making the best use of existing assets. We draw on 30 years of experience, millions of installations worldwide, and strategic alliances with global IT leaders, including IBM, Microsoft, Oracle, Salesforce, and SAP, to enable our customers to seamlessly adopt new technologies and maximize business opportunities. With a presence in more than 50 countries, including 14 regional offices, we collaborate closely with our customers and thousands of business partners to accelerate their business performance. ... Show more
TypePublic
Founded1983
HQOr Yehuda, IL
Websitemagicsoftware.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Feb 2019)2,052(+3%)
Revenue (FY, 2016)$201.6 M(+15%)
Share Price (Feb 2019)$8.4 (+3%)

Key People/Management at Magic Software

Guy Bernstein

Guy Bernstein

CEO
Asaf Berenstin

Asaf Berenstin

CFO
Udi Ertel

Udi Ertel

President, Software Solutions Division
Arik Kilman

Arik Kilman

Chairman, Software Solutions Division
Kenny Krupnik

Kenny Krupnik

Vice President, Research and Development
Yuval Lavi

Yuval Lavi

Vice President, Technology & Innovation
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Magic Software Office Locations

Magic Software has an office in Or Yehuda
Or Yehuda, IL (HQ)
5 HaPlada St
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Magic Software Financials and Metrics

Magic Software Revenue

Magic Software's revenue was reported to be $201.65 m in FY, 2016 which is a 14.6% increase from the previous period.
USD

Revenue (FY, 2016)

201.6m

Revenue growth (FY, 2015 - FY, 2016), %

14.6%

Market capitalization (12-Feb-2019)

407.6m

Closing stock price (12-Feb-2019)

8.4
Magic Software's current market capitalization is $407.6 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

164.3m176.0m201.6m

Revenue growth, %

7%15%
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Magic Software Operating Metrics

FY, 2016

Countries

50

Vendors

3 k
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Magic Software Revenue Breakdown

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Magic Software revenue breakdown by business segment: 64.9% from IT professional services and 35.1% from Software Services

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Magic Software Online and Social Media Presence

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Magic Software News and Updates

Magic Software Earns Microsoft Gold Certified Partner Statuswdxefcqufszuzezftuxetqsqxt

Highest Level of Partner Certification Awarded due to Magic Software’s Microsoft Azure Integration Expertise Highest Level of Partner Certification Awarded due to Magic Software’s Microsoft Azure Integration Expertise

Magic Software Chairman, Arjun Malhotra Awarded the 'Lifetime Achievement Award' by Dataquest

NEW DELHI and NEW YORK, December 11, 2018 /PRNewswire/ -- Chairman and board member Arjun Malhotra for Magic Software Inc. was presented with the 'Lifetime Achievement Award' at the Dataquest Digital Leadership Conclave 2018 today, for his befitting contribution to the technology industry ...

Magic Software Enterprises Integration Platform Powered by GigaSpaces InsightEdge for Real-Time AI and Machine Learning

NEW YORK, October 31, 2018 /PRNewswire/ -- GigaSpaces, the provider of InsightEdge, a leading in-memory real-time analytics platform for instant insights to action announced today that InsightEdge has been selected by Magic Software Enterprises to power their Magic xpi end-to-end...

Magic xpi, a Magic Software leading integration platform delivers code-free, enterprise-grade integration, business process automation, and data synchronization solutions.

Magic xpi for Salesforce extends the capabilities and usage of Salesforce CRM simply and intuitively integrating it with a range of business processes and enterprise applications, including SAP, Oracle’s JD Edwards, IBM i, Lotus Notes, accounting, ERP, supply chain management, HRMS, logistics, and m…
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Magic Software Blogs

5 Ways to Streamline the Supply Chain Using AI

The post 5 Ways to Streamline the<br> Supply Chain Using AI appeared first on Magic Software.

Predictive Maintenance 4.0 Transforms Manufacturing

The post Predictive Maintenance 4.0<br> Transforms Manufacturing appeared first on Magic Software.

5 Reasons Why Your CRM and ERP Systems Should Talk

The post 5 Reasons Why Your CRM<br> and ERP Systems Should Talk appeared first on Magic Software.

SugarCon 2018 Brought Together Pioneering Thinkers: Magic Recap

The post SugarCon 2018 Brought Together Pioneering Thinkers: Magic Recap appeared first on Magic Software.

SugarCon 2018: Welcome to the Future with Magic Software’s Accelerated Digital Transformation

The post SugarCon 2018: Welcome to the Future with Magic Software’s Accelerated Digital Transformation appeared first on Magic Software.

Digital transformation readiness: 7 steps to prepare for IIoT and AI

The post Digital transformation readiness: 7 steps to prepare for IIoT and AI appeared first on Magic Software.
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Magic Software Company Life and Culture

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Magic Software Frequently Asked Questions

  • When was Magic Software founded?

    Magic Software was founded in 1983.

  • Who are Magic Software key executives?

    Magic Software's key executives are Guy Bernstein, Asaf Berenstin and Udi Ertel.

  • How many employees does Magic Software have?

    Magic Software has 2,052 employees.

  • What is Magic Software revenue?

    Latest Magic Software annual revenue is $201.6 m.

  • What is Magic Software revenue per employee?

    Latest Magic Software revenue per employee is $98.3 k.

  • Who are Magic Software competitors?

    Competitors of Magic Software include Vizury, TouchStar and Zenoti.

  • Where is Magic Software headquarters?

    Magic Software headquarters is located at 5 HaPlada St, Or Yehuda.

  • Where are Magic Software offices?

    Magic Software has an office in Or Yehuda.

  • How many offices does Magic Software have?

    Magic Software has 1 office.