Last year, writer Abigail Leichman wrote about what Israeli tech companies to keep an eye on throughout the year considering that Israel was becoming strong in many fields that included medical devices and mHealth, drones, augmented reality, autonomous vehicles and finance. Scores of innovative Israeli technologies and inventions are shown within the market every year and 2017 would be no exception. This means that this philosophy will continue moving forward and it will be important to see which Israeli tech companies should be observed in 2018.
Yossi Vardi, a pioneer high-tech entrepreneur and investor, spoke with ISRAEL21c last year that drone technologies and smart mobility solutions were two fields that will be dominated by Israel that year. He said that the ecosystem in mobility is led by Israeli companies such as Mobileye and a number of Israeli companies active in shared driving, like Via and Gett. In 2017, we’ll see more and many car manufacturers visiting Israel to discover our technologies for connected cars and autonomous cars.
There were numerous companies that were mentioned for people to watch out for in 2017 and the same can be argued for 2018; however, it would be impossible to list all of them. What we can do is look at a few of these companies projected to stand out last year and why they will continue in 2018 to do the same.
Augmented Reality: RideOn and Infinity AR
Tel Aviv-based company RideOn launched new software last year for its AR ski goggles and is developing AR headsets for outdoor activities that will enhance the experience involved with motorbike training, paintballing, running, scuba diving, cycling, sky diving and sailing. Also, a connected community feature is planned to be added to the wearables.
Another company known as Infinity AR has created technology that is able to turn any device into an interactive, 3D content augmentation platform; it does this by using basic stereoscopic cameras. Japan and China have made investments into the company as Infinity has been developing its systems for applications such as with games, healthcare and training.
Autonomous/Connected Cars: Otonomo and Karamba Security
Otonomo, a Silicon Valley-based company that their development center is in Herzliya, is answering the call that nearly all new vehicles will have a connection through the Internet of Things (IoT) in 2018. The company is set with a marketplace of car data, which is an ecosystem that provides a real-time shared data with commercial service providers, carmakers and drivers that will optimize applications and in-car services.
Karamba Security of Hod Hasharon was thought of as a new player in the field of hack-proofing connected and autonomous vehicles. Carmakers seem to be increasingly reaching out to Israeli expertise in this field. The company’s Carwall ECU security platform satisfies what the US Department of Transportation’s goals and guidelines when it comes to the safe deployment of autonomous vehicles.
Digital Health: Datos Health and Oxitone
Datos Health is a company in Tel Aviv that deals with patient-generated health data management automatically validates and manages relevant information from personal medical devices and wearables for clinical decision assistance without needing a monitoring call center. The importance of this outside Israel is the company signed a go-to-market agreement to accelerate entry of its remote IoT solution by early 2017 in the US. Israel started four pilot programs that are using Datos in monitoring post-acute and long-term care, diabetes and high blood pressure.
Another company that is based in Kfar Saba, Oxitone was expected to launch its wrist-worn pulse oximeter in 2017 that is used for continuous blood oxygen monitoring to manage and track chronic disease. The platform of the device, which is connected through Bluetooth to smartphone and cloud, is to acquire data using a pool of sensors and alerts are sent to possible complications.
There are more tech companies in Israel that were worth watching throughout 2017 as well as in 2018. The companies that have been mentioned seem to have successfully made it out of 2017 and will most likely be a part of other Israeli tech companies to keep an eye on throughout this year and beyond.