One of the most important factors in IoT is the ability for gadgets and small devices to analyze data and to be used productively. The IoT network needs to be constantly working, and that requires a constant power source. This gives innovation to push away from traditional USB charging ports and consider the immense benefits of wireless charging. However, most wireless charging offerings in the market are the Qi standards using electromagnetic induction, or the use of magnets. For Qi to work, devices must be placed on a charging mat and if the device is off to the side by a few inches, the charging speed will slow down immensely. [Read more…]
Israel have proved themselves to be a startup technology powerhouse. For the past several years, they have been been made famous as the Startup Nation due to the sheer number of startups within the small country. With only 8.4 million Israelis in population, only .01% of the world’s population, the country has the highest startup density in the world at over 6,000 startups and attracts more venture capital per person than any other country in the world. They have the dynamic entrepreneurial culture akin to Silicon Valley, with their own cultural brandmark. While most of the focus has been going to the U.S. or the APAC region, Israel stands to become the next point of interest for venture capitals (VC).
Within their startup ecosystem, it is clear that the startups have been churning lots of capital in the past several quarters. By 2015 Q3, a total of 506 Israeli high-tech companies raised $3.bn in capital, far exciting 2014’s $2.3bn record. Later stage large fundraising deals by startups of $20 million or more amounted to a total of $703 million and 64% of overall capital deals.
Historical, political and societal factors is what truly influenced Israel’s prowess in technology. It’s amazing considering how Israel performs so well within their boundaries. Israel is the most resilient region in the Middle East with its’ tumultuous and politically contiguous borders. There over 70 different nationalities living in the small country, wildly diverse with different ethnic, religious, and tribal cultures.
With very few allies next door and main trading partners located in Europe and the U.S., Israel cannot depend on cross border trade or having steady relations with their neighbors. And as country with a severe lack of natural resources and often subjected to drought episodes, Israel had to rely on gas exports or develop alternative sources of energy. [Read more…]