| Type | Private |
|---|---|
| Industry | Software, Static code analysis |
| Founded | 2005 |
| Headquarters | Ramat Gan, Israel |
| Key people | Daniel Liezrowice (Hebrew: דניאל לייזרוביץ), Founder and Chief Executive Officer Yuval Bar Yosef, Software Development Manager Adi Basel-Harosh Marketing Manager |
| Products | Software, development tools, .NET components and applications, Parasoft |
| Website | www.eswlab.com |
Engineering Software Lab Ltd (ESL) (Hebrew: אי.אס.אל. מערכות תוכנה בע"מ), is an Israeli software company headquartered in Netanya, Israel. ESL's core businesses is acting as a value-added reseller (VAR) for software products, ESL also provides consultancy and integration services for commercial software products and custom software development. ESL also designs and develops a wide range of own-label and white-label products. It is now one of the largest technical software resellers in Israel. ESL is a private company hence no sales, or other financial figures are officially released, unofficial estimates of sales range between 4 to 6 million USD per year.
As of 2011, the main business focus of ESL is providing services and tools in the area that known in computer science as static code analysis. (Hebrew: בדיקות קוד סטאטיות, ניתוח קוד סטאטי, אנליזת קוד סטאטית, בדיקות תוכנה סטאטיות, ניתוח קוד סטטי, אנליזה סטטית),[1] and providing algorithmic trading software programing services (Hebrew: מסחר אלגוריתמי, מסחר אוטומטי).[2]
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In 2005, Engineering Software Lab was established by Daniel Liezrowice in Israel as a financial engineering software company that represented financial software companies like RiskMetrics and Numerical Algorithms Group at the same time ESL developed localized applications around off the shelf financial engineering software.[3]
In 2006, ESL started designing and developing dashboards[4] for Israeli hedge funds and investment houses, usually by using .NET Framework based products like Dundas Data Visualization, Inc. and unique technologies like Fractal Intelligence[5] By July 2006, ESL signed a landmark distribution agreement with Accusoft (now part of Pegasus Imaging Corporation)[6] makers of ImageGear Software[7] By the end of 2006, ESL was joined by Dr. Rami Yosaef[8] and Moti Bazak that established the ESL market risk bureau[9] Hebrew: לשכת שרות לנושאי "ערך בסיכון" לפי דוח ועדת גלאי) that serves the Israeli finance industry with various risk analysis services.
By mid-2007, when the subprime mortgage crisis started to unfold, ESL's management understood that the finance sector was damaged and a swift process of diversification began. ESL started offering products and services to various other sectors like avionics, aerospace, defense, health and manufacturing and mainly to software engineering operations. This year saw the first sales outside Israel when contracts were signed with customers in Korea, Switzerland and Great Britain.
In April 2008, ESL signed a distribution agreement with Wolfram Research makers of Mathematica. In June 2008, the market risk bureau and the sales and services of financial software operation were moved to a newly span daughter company named Trigonlab Ltd.[10]
In May 2009, ESL arranged a donation of gridMathematica campus wide license to all 6 major universities in Israel[11] that act was followed by the "Israeli Mathematica tour" that was held on early June 2009 across Israel[12] and was aimed at introducing gridMathematica to users across the universities. Circa August 2009, ESL opened a new R&D center at the Poleg industrial park in Netanya.
On 23 June 2010, ESL, together with The Israeli Users’ Association of Advanced Technologies in Hi-Tec Integrated Systems (ILTAM), arranged a professional seminar on the subject of static code analysis in practice, around 60 software engineers attended the event.[13]
On 15 October 2010, ESL Signed a distribution agreement with Simulcraft Inc., the company behind OMNeT++, the agreement allows ESL to distribute in Israel the product known as "OMNEST, the object-oriented discrete event simulation framework" a business commercial edition of the open source OMNeT++.
On 15 August 2010 ESL started selling and servicing Israeli customers with Build automation and Build Acceleration software products developed by Build Process Software specialists Electric Cloud.
During February and March 2011, ESL and Wolfram Research (makers of Mathematica) operated throughout Israel the "Israel Mathematica Tour 2011" [14] the tour was designed to increase awareness within Israeli academic institutions to the benefits of the new version Mathematica 8.
On April 2011 ESL was accepted to the Parasoft (officially Parasoft Corporation) Partners Program as the Israeli Distributorship [15] ESL will sale and market the complete Parasoft product line in Israel and is acting as the main point of contact for support and system integration services in Israel.
On May 2010 the company ceased all "for profit" Algorithmic trading activities but still providing Algorithmic trading programing and development services to 3d parties, the reason for that move is unknown, possible explanation might be a conflict of interest with customers.
On June 2010 ESL established the Israeli center for Financial Information eXchange FIX Protocol products and services, the center employes a group of software specialists in the area of FIX Protocol, the group oversee and execute the process of connecting the Israeli Capital market to FIX Protocol based system world wide, one of the most known projects of that center is the connection of TASE Tel Aviv Stock Exchange that uses a proprietary protocol to Financial Information eXchange FIX Protocol based systems.