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THE HI-TECH INDUSTRY IN ISRAEL

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GLOBAL HI-TECH TRENDS

Datafication / Blockchain Technology (Cryptocurrency) / Internet of Things (Iot) / Wearable Technology / Autonomous Vehicles / Mobile Everything / Augmented and Virtual Reality

DATAFICATION

The explosion in digital data availability and the opportunities in mining it to uncover its hidden value.

The amount of data transferred over the Internet is expected to double and even triple over the coming years, especially due to increased video traffic (videofication) on social networks and content sites and the rise of the IoT.

BLOCKCHAIN TECHNOLOGY (CRYPTOCURRENCY)

A decentralized database that is based on the bitcoin protocol. It stores a constantly growing volume of data records that is protected against fraud.

Recent investments in the industry show that blockchain applications are expanding beyond payments and are penetrating health, funding, financial services and even music industries.

INTERNET OF THINGS (IOT)

Installing objects – chips, sensors and software – into a wide range of items (“things”) such as home electronic appliances, wearables, vehicles, thermostats and so on, and then connecting them to the Internet.

Asking what is communicative will become redundant, as everything will be.

WEARABLE TECHNOLOGY

Clothing and accessories that incorporate computers and sophisticated electronic technologies.

We will soon be able to obtain genuine indications of the quality of food served at a restaurant, how scary a movie is, and how nerve- racking a journey is, based on the biometric responses of people who have had these experiences.

AUTONOMOUS VEHICLES

Self-navigating vehicles that overcome obstacles without human intervention and without preparing the road or its surroundings in advance.

Autonomous vehicles are expected to be safer than human drivers and to relieve us of wasted time and the burden of driving.

MOBILE EVERYTHING

The increased use of mobile communications, which is comprised of two main components: mobility and connectivity, two concepts that intertwine and advance one another.

The ability to connect from any location is a basic necessity in today’s world, not a luxury.

AUGMENTED AND VIRTUAL REALITY

Augmented Reality replicates reality and converts it into an interactive one, while virtual reality completely replaces the real world with a virtual one.

The biggest challenge facing these technologies is the convergence of AR and VR content beyond entertainment, made possible largely thanks to the accessibility of powerful new devices.

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