In less than a decade, Tel Aviv has become the second biggest start-up hub in the world. Now it’s poised to take on Silicon Valley in the quest for the next big thing in high-tech, writes ARTHUR GOLDSTUCK.
The line-up at last week’s Digital-Life-Design (DLD) innovation festival in Tel Aviv was as astonishing as the high-tech explosion that has placed the city at the epicentre of the information revolution.
The inventor of the USB flash drive, the founder of global navigation app Waze, and a former president of Israel who won the Nobel Prize and helped inspire the electric vehicle revolution all shared their visions of the next big thing.
But it was Steffi Czerny, who founded DLD in Germany, who offered the overriding perspective on the significance of the event: “If you want to see what’s next, come to Israel,” she told an audience that included delegates from several dozen countries.
The event attracts start-up entrepreneurs, high-tech giants like Intel and Microsoft, and government trade representatives from countries like France and the Netherlands. Two start-ups from South Africa, WhereIsMyTransport and Funda, were there as regional winners of a global startup contest.
All delegates were alert for either the next big investment opportunity or the next big thing in technology. Most of all, they were on the outlook for the technology that will shape the future.
As a result, it is not only the new ideas and apps that make an impact at DLD, but also the ideas that will shape the future. Ironically, many of these ideas come from arguably the oldest man at the event: 91-year-old former Israeli president Shimon Peres, a Nobel Peace Prize laureate and one of the main drivers of Israeli investment in research and development for the past 50 years. His passion for electric vehicles has been an inspiration for research into battery technology and the electric grid.
His thoughts on what it takes to predict the future in themselves help to understand what will be important in the future: “We can predict things up to a point,” he told the audience. “To do that we need maximum information. And for that we need a combination of a human being with imagination, and infinite patience.”
Asked to make three predictions for the next big area of technology breakthrough, he had no hesitation: “The first domain will be about medicine. The second will be about sharing; instead of having our own houses and car, we will share most things, as we do with shared rides and accommodation today. It will change our assumptions of capitalism. Then I can see a third change that is particularly important: robotics.”
He struck a cautionary note, however, warning against an obsession with technology for its own sake.
“We invest so much in robotics that is not being invested in human beings. The human being produces thoughts, which means the human being is superior to the robot. Why make a better robot instead of a better human being?”
His conclusion: “The human being has a long way to go.”
Not that there was a shortage of start-ups and established companies trying to show the way. Tel Aviv has the distinction of having more startups per capita than any economic hub in the world outside Silicon Valley. Of around 3400 startups in Israel, 972 are in Tel Aviv. With 40 per cent growth in number of tech startups since 2012, some suggest it may even overtake Silicon Valley.
The city also hosts 49 research and development centres for multinational organisations like Google and Facebook, and 58 co-working spaces and startup accelerators.
Those may sound like mere numbers, but they add up to an equation that begins to explain Israel’s impact on the high-tech world. One of the smallest yet most revolutionary technologies originating there, the USB flash drive, was invented by Dov Moran and his company, M-Systems. It’s $1,6bn sale to SanDisk in 2006 still ranks as one of the biggest ever acquisitions of an Israeli high-tech company
“It’s about opportunity,” Moran said in a panel discussion at DLD. “It grows and grows and grows, and every success brings us new entrepreneurs who then know what to do next.”
He, too, offered a forecast for the next huge thing or two: “The industry of self-driven cars, and the effect of genome research on health, are going to change the world.”
A slightly different perspective came from Shahar Waiser, founder and CEO of Israel’s answer to Uber, a taxi app called Gett that is now also available in New York, London and Moscow. Revenue has been growing at 300 per cent a year for the past three years, and it is likely to be one of the next “unicorns” – startups with a valuation of $1-billion a year.
The one area where we won’t see a unicorn, said Waiser, was telecommunications. Quite simply, the big unicorns like WhatsApp and Facebook have cut short the meteoric growth in profits we once saw from telcos.
But it goes beyond just the industry sector, he said: “It’s very difficult if take something with both a digital and offline component and scale it. There is no company with a telecommunications component, where it has more than $100-million in revenues, that keeps growing at the kind of 300 per cent growth we are seeing.
“Food research is one area where we may see unicorns emerge. Transportation is another.”
In short, sectors that address urgent human needs.
And it means that, from food to medicine to the sharing economy, the DLD festival put several signposts on the roadmap to a future that will confirm one of the oldest rules of innovation: “Necessity is the mother of invention.”
How we use phones to avoid human contact
A recent study by Kaspersky Lab has found that 75% of people pick up their connected device to avoid conversing with another human being.
Connected devices are becoming essential to keeping people in contact with each other, but for many they are also a much-needed comfort blanket in a variety of social situations when they do not want to interact with others. A recent survey from Kaspersky Lab has confirmed this trend in behaviour after three-quarters of people (75%) admitted they use a device to pretend to be busy when they don’t want to talk to someone else, showing the importance of keeping connected devices protected under all circumstances.
Imagine you’ve arrived at a bar and you’re waiting for your date. The bar is busy, and people are chatting all around you. What do you do now? Strike up a conversation with someone you don’t know? Grab your phone from your pocket or handbag until your date arrives to keep yourself busy? Why talk to humans or even make eye-contact with someone else when you can stare at your connected device instead?
The truth is, our use of devices is making it much easier to avoid small talk or even be polite to those around us, and new Kaspersky Lab research has found that 72% of people use one when they do not know what to do in a social situation. They are also the ‘go-to’ distraction for people even when they aren’t trying to look busy or avoid someone’s eye. 46% of people admit to using a device just to kill time every day and 44% use it as a daily distraction.
In addition to just being a distraction, devices are also a lifeline to those who would rather not talk directly to another person in day-to-day situations, to complete essential tasks. In fact, nearly a third (31%) of people would prefer to carry out tasks such as ordering a taxi or finding directions to where they need to go via a website and an app, because they find it an easier experience than speaking with another person.
Whether they are helping us avoid direct contact or filling a void in our daily lives, our constant reliance on devices has become a cause for panic when they become unusable. A third (34%) of people worry that they will not be able to entertain themselves if they cannot access a connected device. 12% are even concerned that they won’t be able to pretend to be busy if their device is out of action.
Dmitry Aleshin, VP for Product Marketing, Kaspersky Lab said, “The reliance on connected devices is impacting us in more ways than we could have ever expected. There is no doubt that being connected gives us the freedom to make modern life easier, but devices are also vital to help people get through different and difficult social situations. No matter what your ‘connection crutch’ is, it is essential to make sure your device is online and available when you need it most.”
To ensure your device lifeline is always there and in top health – no matter what the reason or situation – Kaspersky Security Cloud keeps your connection safe and secure:
· I want to use my device while waiting for a friend – is it secure to access the bar’s Wi-Fi?
With Kaspersky Security Cloud, devices are protected against network threats, even if the user needs to use insecure public Wi-Fi hotspots. This is done through transferring data via an encrypted channel to ensure personal data safety, so users’ devices are protected on any connection.
· Oh no! I’m bored but my phone’s battery is getting low – what am I going to do?
Users can track their battery level thanks to a countdown of how many minutes are left until their device shuts down in the Kaspersky Security Cloud interface. There is also a wide-range of portable power supplies available to keep device batteries charged while on-the-go.
· I’ve lost my phone! How will I keep myself entertained now?
Should the unthinkable happen and you lose or have your phone stolen, Kaspersky Security Cloud can track and protect your device from data breaches, for complete peace of mind. Remote lock and locate features ensure your device remains secure until you are reunited.
Five key biometric facts
Due to their uniqueness, fingerprints are being used more and more to quickly identify and ensure the security of customers. CLAUDE LANGLEY, Regional Sales Manager, for Africa at HID Global Biometrics, outlines five facts about the technology.
How many times in a day are you expected to identify yourself? From when you arrive at work you are required to sign in, visiting your bank, receiving healthcare services… The list is endless. When a system knows who you are, you are able to do any number common, everyday activities. Your identity is unique and precious. It is also easily stolen and the target of many hackers across the globe. Technology is constantly evolving alongside the criminal element, always looking for ways to protect data and identity. One such solution happens to be biometrics and it is rapidly gaining traction in our increasingly complex modern world.
Reliable, secure and fundamentally YOU, unique biometric traits such as fingerprints are being used by banks, enterprises and consumers to verify identity. Biometric solutions offer significant identity protection because they use unique biological details to ensure an account is only accessed by the account holder, a door only opened by the owner. Here are five things that are little known about this technology…
- The uncut identity. Your fingerprint is unique to you. Nobody can use a copy of it to impersonate you. Good technology is capable of scanning down into the layers of the fingertip to differentiate unique elements of a person’s fingerprint, this data is then encrypted and used as a key to unlocking whichever physical or virtual door that the biometric system protects.
- The living proof. No, there is nothing to the stories of fingerprints being used without their owner’s knowledge or permission. Biometric solutions can use specific variables to determine if the finger used to access the system is that of a present, living person. A copy or a fake cannot be used to access a cutting-edge biometric solution.
- Easy and convenient. Queues and documents and paperwork may well be a thing of the past should biometrics take a firmer grip of government and banking systems. The process of registering is easy, and access to identity documents and records is yours alone.
- Security blanket. A thousand passwords and a hundred post-it notes stuck on walls and drawers. An excel file with a list of sites and applications and their corresponding passwords, all a thing of the past. Nobody needs to remember their password with biometrics, they only need to show up.
- Anywhere is cool. Schools, airports, networks, offices, homes, toilets, banks, libraries, governments, border controls, immigration services, call centres, hospitals and even clubs and pubs – knowing “who” matters and biometrics can quickly and conveniently confirm your identity where needed.