Look into the Telecommunication Industry

The global Telecommunication industry is transforming large communication and Technology companies with the maturity of intelligent edge. The intelligent edge is the combination of advanced connectivity, compact processing power, and Al located near devices that use and generate data. Predictions are that in 2021, there will be an expansion by Telecoms deploying the intelligent edge for 5G networks, and hyper scale cloud providers. The intelligent edge will benefit any business that manages data centres, cloud, and networks.  Telecoms are key partners for intelligent edge. Large Telecoms sell their own edge computing and IOT solutions. As providers with the edge ecosystem telecoms can offer their enterprise consumers end-to-end connectivity for advanced 5G solutions, cable, fibre, and wired or wireless networks.

The Israel Telecommunication markets have witnessed growth in the recent years and are expected to grow in this direction over forecast period to 2025. The growth in this industry comes from the increasing adoption of mobile phones that supports 5G, 4G, and 3G across the country. This sector is further expected to grow over the forecast period with the increasing adoption of IOT, which is connected to wireless broadband.

The new trends in the telecommunication industry are major growth from value –added services. Digital transformations of new technology are helping to provide opportunities for the telecommunication industry to grow on their service offerings and solutions to add value added services to customers and consumers. Innovation Technology, if used correctly, can help Telco’s separate themselves in the market and increase productivity. This will call for the telecommunication industry to think outside the connectivity box and innovate technology in increasing value added services.

The below are some of the technology and trends set to influence the future of Telco’s:

5G

The 5th generation of mobile wireless connectivity is 5G. According to GSMA this technology will account for 20% global connections. 5G technology will set to change the way businesses operate as it will allow for faster connectivity. This will influence the IOT and edge computing which will enable management of business process, operations, digitisation and automation. 5G connectivity will allow for Telco is to target companies with 5G related applications specifically built for industries, example, telemedicine apps that allow us to connect with the qualified doctors whenever needed, get a diagnosis and treatment plan online. In the hard times of COVID-19, these solutions are valuable if not critical.

AI (Artificial Intelligence)

Making use of AI, telecommunication industry will be able to process and analyse huge volumes of big data to gain access to actionable insights that can be used to enhance customer experience and increase profitability. This is done by using AI technology for network optimisation and automation which will enable Telco’s to detect or predict any problems or issues with the network and will allow them to identify and fix the problem before it negatively affects customers. The use of Virtual assistants allows for operators to implement self-service platforms and solutions that enable customers to do more themselves.

FinTech

FinTech innovations, in the form of mobile wallets, mobile money, and digital payments have become an innovative and essential service globally. Telecommunication industry has the opportunity to connect with billion unbanked customers. The Fintech market has a huge growth potential and is looking for financial inclusion for simple and convenient ways to make payments. The Covid 19 pandemic has demonstrated the requirement for the FinTech solutions that enabled payments to be virtual either by mobile phones or online. FinTech related trends will continue to grow and impact the future of the Telco industry and provide the telecommunication industry with an opportunity to increase on their service offerings.

IOT (Internet of Things)

Internet of things continues to gain grip and impact the different industry verticals globally, especially since we see shifts towards smart manufacturing, industrial automation, smart cities and vehicle telematics. The estimated total operator –billed revenue from 5G IOT will reach 8 billion by 2024. This move towards internet of things provides an opportunity for the telecommunication industry to innovate their product offerings and make use of 5G capabilities, like network slicing, and multi edge computing solutions to add value to their customer base with solutions that talk to the changing needs of customers.

The companies highlighted below display variety of value added services for Telecoms:

OKO  – Provides effective, affordable insurance to farmers in emerging markets and delivers instant claim settlement. By leveraging the increasing influence of mobile technology, OKO aims to help overcome income distribution insufficiencies for those who feed the world.

Trackimo – Trackimo develops various personal safety and object tracking solutions, with the most cost-effective, compact GPS devices, and a global GSM/IoT service. With trackimo you can locate and track any person, vehicle, pet or precious object in seconds, using web or apps, and get alerts through multiple channels. Trackimo’s cloud-based API enables integration to multiple security and tracking systems. 

AirDoctor – Platform that helps travellers locate an appropriate physician abroad by language spoken, location, medical specialty, and reviews. And it is now preparing for a world where travel may look completely different. Air Doctor introduced a telemedicine service in December 2019 that allows travellers to virtually meet with physicians who can speak their native language. It saw a 150 percent increase in the use of its virtual network in the last two months, as the corona virus pandemic continued to spread throughout the world.

Pay key  – PayKey enables banks, e-wallets, telcos and other businesses to offer customers instant access to financial services, including P2P payments, balance check and top-ups – from within ANY mobile app, including all messaging apps. Pay Key patented Social Payments Solution™ is based on a state-of-the-art smartphone keyboard that includes your branded payment button, opening a menu of your services – always available to your customers, no matter what they’re doing on their phones.

The future of the telecommunication industry entails partnerships and other service providers. This helps the Telco’s to differentiate them, enhance service offerings, and create new business models that aim to provide customers with value added services that they looking for.

References:

https://www2.deloitte.com/global/en/insights/industry/technology/technology-media-and-telecom-predictions/2021/edge-intelligence-fourth-industrial-revolution.html

https://www.privacyshield.gov/article?id=Israel-Information-Communication-Technology-ICT

https://www.budde.com.au/Research/Israel-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses

https://www.jewishvirtuallibrary.org/the-israeli-communications-industry

iXDen | Cyber Security for IoT Devices

http://ixden.com/

IXDen provides security software solutions for IoT devices, industrial control systems, and sensors. IXDen introduces patent-pending technology to protect critical infrastructure from attacks via IoT devices by implementing a biometric-like multi-factor authentication approach.

IXDen provides a solution for operational technology and enables users to manage their IoT assets safely and remotely. IXDen employs a new technology to secure IoT devices and brings the equivalent of human identity verification (something users have, something they know, something they are) into M2M communication security while establishing elaborate and strong device identity.

IXDen creates a biometric identity for any IoT device and performs multi-factor authentication driven by proprietary mathematical and behavioral models, statistics, artificial intelligence, and machine learning.

IXDen models statistical behavior of the systems, machines, and processes, and it identifies the system’s normal behavior based on the sensor information, combining pre-knowledge of the device with behavioral analytics.

IXDen’s solution provides companies with an IXDen Grade that indicates the health status of the system and enables detection of abnormal behavior and prediction of potential misbehavior of the system.

If you manage critical infrastructure assets please email us for a proof of value.

BigID – Privacy and Personal Data Protection

https://bigid.com/

BigID offers a data intelligence platform that enables organizations to know their enterprise data and to take action in the interest of privacy, protection, and perspective. By applying advanced machine learning and deep data insights, BigID transforms data discovery and data intelligence in order to address data privacy, security, and governance challenges across all types of data, in any language, at petabyte-scale across the data center and the cloud.

BigID was named a cool vendor in “Cool Vendors in Privacy Management, 2018” by the Gartner Research Group.

Email Jeremy if your business collects sensitive information and you don’t want it leaked, or if that sensitive information is compromised and you need to work out what exactly was stolen.

Atlantium Technologies | Ultraviolet-based Water Treatment

http://www.atlantium.com/

Atlantium Technologies Ltd provides safe and sustainable water treatment solutions based on ultraviolet (UV) disinfection, fiber optics, and hydraulics. Its systems offer high levels of water safety and provide industry and municipalities with a sustainable, measurable option.

Atlantium offers solutions for water-dependent heavy and light industries, including power and energy, biopharmaceuticals, food and beverages, dairy, aquaculture and aquariums, and municipal water providers. The company’s UV systems are field-proven globally, with Fortune 500 companies among its customers.

The company’s solutions conform to strict U.S. FDA and EPA regulations.

Contact Rochelle to learn more

Pangea | Digital Security, Identity, and Payment Solutions

Pangea is a global supplier of digital identity, security, and ePayment solutions based on biometric identity and digital analytics technologies. The company specializes in the digital transformation of government services and enterprise business operations.

Pangea provides robust digital identity systems for governments and citizens anywhere in the world. The company also delivers digital security solutions to protect people and data against identity fraud, data theft, and other security breaches, as well as to aid law enforcement agencies in keeping communities and public spaces safe from potential threats.

In addition, Pangea’s digital services are designed to help customers deliver effective digital interactions, reduce service operation costs, and increase administrative transparency.

Pangea has developed a biometric smart card that would enable holders to be granted free access to public areas including airport terminals and planes. The solution would enable governments to verify that the holder is virus-free or has immunity.

Pangea’s Pass Card would include a photo of the holder, a digital signature, a chip, and a hologram. The card can be securely linked to the holder’s resident country’s medical database with up-to-date encrypted data on the holder’s Covid-19 profile.

Contact Rochelle to learn more

“Massive Growth” of Alt Protein Field in Israel as Total Investment Increases 8X Since 2018

From: Vegeconomist – May 3

According to a new GFI Israel study, the total investment in companies developing alt proteins in Israel has increased eightfold across the plant-based, cell-cultured and fermentation fields. The total of all investments in 2020 was almost three times higher than the previous year, with 154% annual growth (YOY).

As global investments in alt protein companies reached $3.1 billion in 2020 – three times higher than in 2019 – the GFI has identified Israel as playing a key role in the alt protein movement, with record-breaking numbers and capital investments reaching $114 million. Between 2018 and 2020 the total investment in companies developing alt proteins rocketed from $14 million in 2018 to $114 million in 2020.

Additionally, in 2020:

  • Plant-based meat, egg, and dairy companies received $77 million in investments.
  • Cultivated meat companies received $16 million.
  • Fermentation companies devoted to alternative proteins received $21 million.
  • Sales of plant-based products in Israel grew 13 times more than sales of animal-based products. 
Israel’s Prime Minister Tastes Aleph Farms Cultivated Steak (photographer Koby Gidon, Government Press Office (GPO))

Findings also recently revealed that the growth of the alt protein market in Israel was 13 times greater than that for animal products in 2020, with the Israeli alternative meat market growing by about 24% overall. The latest GFI report backs this up by revealing the “Massive growth” of the alt protein field when compared to other industries, with an average annual investment growth of 187% and a huge advantage over other leading high-tech industries in Israel.

Israel aims to position itself at the forefront of the global alt protein market, with Prime Minister Benjamin Netanyahu making a well-publicised trip to Aleph Farms’ facilities and becoming the first world leader to sample cell-cultured meat. In another example of the aforementioned investment, Israeli startup Chunk Foods last week raised $2 million in a pre-seed funding round to develop its fermentation technology to produce whole-muscle meat alternatives. Cell-cultured leader MeaTech also recently announced its $25 million IPO and Nasdaq listing, which you can read a vegconomist interview regarding here.

Chunk Foods
© Chunk Foods

“GFI Israel focuses on advancing alternative protein innovation in the “Startup Nation”. Israel is recognized as a world leader in agricultural research, tissue engineering, stem cell research and engineering and thus has emerged as a hub for alternative protein innovation and cultivated meat companies. Israel is ranked 2nd in the world (after the United States) in the number of fermentation companies (10) and cellular agriculture companies (9).

“As this industry is still in its infancy, we are expecting to see more emerging startups and bigger investments being made as mature companies scale up, in the coming years. Startups in Israel are no longer in a rush for an exit, and although their target market is in most cases overseas, they have learned to scale effectively and build global brands. This is why we see more and more tier 1 international investors active in Israel,” says Aviv Oren, Business Engagement Manager at GFI Israel.

EcoMotion Week 2021 Hybrid Event | Smart Mobility Community

May 18-20, 2021

Free sign-up code for the first 10 Australian or New Zealander Businesses

Homepage: https://www.ecomotionweek.com/

Registration: https://ecomotion-2021.forms-wizard.biz/

EcoMotion 2021 has teamed up with leading global companies in smart mobility to provide YOU with the latest insights into innovative technologies!

Partners: https://www.ecomotionweek.com/partners

Speakers: https://www.ecomotionweek.com/speakers

At EcoMotion we dedicate ourselves to promoting the smart mobility industry through unifying stakeholders and implementing innovation in the field. While humanity faces unprecedented challenges, we feel it is our role to seek new technologies, platforms, and opportunities in order to expand the horizons. Simultaneously, maintaining global health ministries safety requirements. 

We have explored the virtual space in the past year and now certain we can bring it to the next level, bringing humans together using a virtual platform.

​We will create opportunities to connect and learn about the partners, the exhibitors, the startups and more, before, during and after

EcoMotion Week 2021, May 18-20.

EcoMotion Week 2021 is about bringing humans together online so dress up and See You There!

The event will take place during 3 days to match today’s busy schedule – the first day will be dedicated to learning about the partners and Global Challeneges & Opportunities for startups while simultaniously giving you a glimpse into the Startup Exhibition on the Startup Innovation Stage.

The second day will host live exhibitions in the virtual platform, world reknown speakers and a community happy hour.

The third day will host exclusive workshops giving an intimate networking opportunity for professionals on the platform.

In the month prior to EcoMotion Week 2021 the Innovation Marketplace will be launched, giving an opportunity to all community members to offer their solutions to the partners leading to meetings at EcoMotion Week 2021.

On the EcoMotion Week 2021 Virtual Event Platform, you will get the chance to chat & meet with the world’s leading companies in the smart mobility sector, listen to talks of experts in the field, watch live demos, explore new global markets and a virtual startup exhibition which allows direct contact, live interaction and all information needed on their technology!

We hope to see better days and meanwhile to create a bit of magic together!

Israeli Company Chunk Foods Raises $2M to Develop Whole Cut Alt-Meat Products

Israeli startup Chunk Foods has raised $2M in a pre-seed funding round led by venture fund Stray Dog Capital. The startup uses fermentation technology to produce whole-muscle meat alternatives.

While there now exists a large number of alt-meat producers, the focus tends to be on alternatives to processed meat, such as burgers, meatballs, and nuggets. Making whole cuts of meat is challenging, and few companies have attempted it.

Spotting a gap in the market, Chunk Foods decided to use solid-state fermentation to make beef alternatives containing only natural ingredients. It plans to use the new funding to improve its products and hire new staff.

Investor Stray Dog Capital specialises in alternative protein investments and has previously provided funding to Beyond Meat, Grounded Foods, and Barvecue, among others.

Chunk Foods
© Chunk Foods

Whole alt-meat cuts

There are a few other companies working to make whole alt-meat cuts possible — Paris-based Umiami has recently unveiled a proprietary texturisation process to create plant-based whole cuts, while US company Meati Foods has made steak from mycelium. Last year, food scientists at the University of Massachusetts received a grant from GFI to make alt-meat products more like whole cuts of conventional meat. However, none of these approaches use fermentation.

“Whole muscle cuts of beef such as sirloin, chuck or ribs have been the Holy Grail for alternative meats as they account for about 60% of the beef market in the USA,” says Amos Golan, founder and CEO of Chunk Foods. “We have overcome the technological limitations of other approaches by naturally creating delicious and realistic products with many of the attributes of meat, while ensuring a clean and short ingredient list using our novel fermentation technology. Stray Dog Capital shares our vision of the future of food and we’re excited to be partnering to make that vision into reality.”

InnoDenTECH 2021 – 1st International Summit on Israeli Oral & Dental Innovations

Homepage: https://innodentech2021.israel-expo.co.il/expo

Registration: https://innodentech2021.israel-expo.co.il/users/sign_up

About:

InnoDenTECH Israel 2021, June 15-16, is the first and biggest virtual international conference and exhibition for applied Innovation in the Dental industry in Israel, supporting innovative technologies for all sector of the Oral & Dental Technology sphere, whether it is offering solutions for Dentist working in Clinics or in Hospitals, technicians working in labs, or consumer wanting better oral care products.  

The focus of our professional panels will be dedicated to Israeli innovative technologies for implant loading (equipment, devices, materials or services) as well as innovations in Israeli Digital Dentistry, including: guided surgery, 3D printing, tele-dentistry, and innovative software.

Initiated by the Israel Export Institute and the Foreign Trade Administration at the Ministry of Economy and Industry, InnoDenTECH 2021 is aimed at bringing together disruptive start-ups, industry leaders, experts and multinational corporations to collaborate and discuss cutting edge products and technologies. 

Israeli innovative companies and start-ups are invited to join us, showcase their solutions in a virtual booth, engage in the main conference sessions, and connect directly with potential partners, customers, and investors.

Who can you expect to meet in the event?

  • Dental & Lab Distributors and Dental Depots
  • Dental Imaging Service Providers
  • Pharmacy Distributors & Chains
  • DSOs , Dental Chains, Big Labs
  • Hospital Dental Departments
  • Investors, VCs
  • Dental Companies looking for Strategic Partnership, OEM, Private Label

Israel Rolls Out Covid-19 Passport Program to Children, Who Can’t Yet Be Vaccinated

Move comes as U.S. and other countries turn their attention to reopening child-centric businesses

Spectators attended a performance in Haifa, Israel, in late March.PHOTO: ARIEL SCHALIT/ASSOCIATED PRESS

TEL AVIV—Israel has extended its Covid-19 vaccine passport system to children who aren’t yet eligible to be inoculated, allowing them to visit cinemas, restaurants and other entertainment businesses as it continues to reopen its economy.

Under the program, children with negative PCR tests will be eligible for a three-day so-called green passport that will be associated with their parents’ passes. The passports take the form of a QR code that can be carried on a smartphone, though their use isn’t always enforced.

Religious-affairs ministry officials had stipulated that only those carrying a green passport could attend a religious festival on Thursday at Mount Meron, where dozens of people were killed in a stampede, but health officials had said it would be impossible to check the status of those attending.

Organizers estimated that some 100,000 people were at the site by midnight.

In Israel, so-called green passports allow those who have had both shots of the vaccine to enter bars, gyms and restaurants.PHOTO: ILIA YEFIMOVICH/ZUMA PRESS

The country of nine million has led the world’s fastest vaccination program, with nearly 75% of its eligible population fully vaccinated. But given a lack of clinical trial data for children, policy makers haven’t yet extended the campaign to those under 16, meaning about 2.6 million aren’t eligible to be vaccinated.

This has limited the extent to which Israel can reopen its economy without causing further outbreaks. Israel says its solution is a stopgap measure until medical trials demonstrate that children can be safely vaccinated against the virus.

Other countries with high vaccination rates, such as the U.S. and U.K., face similar problems. Herd immunity requires between 70% and 85% of a population being protected, health officials say, and this is impossible in countries like the U.S. and Israel if children aren’t vaccinated. Children under 16 account for 22% of the current U.S. population.

“We haven’t had any outbreaks from green-pass activity over the past eight or nine weeks,” said Tomer Lotan, executive director of Israel’s coronavirus task force. “We are very confident that the green pass is a very effective defense layer on the economic activity in Israel.”

Last month, Israel began offering rapid tests at sites such as hotels and sports stadiums, costing about $10 to $20, which allowed children with negative test results to enter. The expansion will include regular PCR tests that are much more accessible and are free for everybody.

Israeli health officials said they would begin to vaccinate children between the age of 12 and 16 when the vaccine is approved by Israeli and international regulators. Prime Minister Benjamin Netanyahu said in April that Israel signed new deals to buy millions of vaccines from Moderna Inc. and Pfizer Inc. to begin vaccinating children later this year and launch another vaccine campaign for adults.

So far, many businesses that largely cater to children such as cinemas and amusement parks remain closed. But officials hope the expanded green passports will allow them to reopen next week when additional restrictions are lifted, including the elimination of caps on the number of people frequenting venues using green passports, such as restaurants and stadiums that have been operating at reduced capacity.

Health officials in Israel say it remains an open question as to what role children play in spreading the coronavirus when the adult population is largely vaccinated.

Ran Balicer, chief innovation officer of Israel’s largest healthcare provider, Clalit, said that because the country was the first to introduce the mass vaccination of its adult population, it will be at the forefront of establishing what restrictions can be safely removed without sparking a resurgence of infections.

“We have to try to have a stepwise and gradual approach and are continuously measuring to make sure that we haven’t crossed this invisible threshold that we aren’t sure where it lies,” he said.

Appeared in the May 3, 2021, print edition as ‘Israel Grants Children Access to Vaccine Passes.’