A Manufacturing Minnow, Israel Rises as an Industrial Technology Power

(Forbes) Amir Mizroch - A growing new tech sector in Israel involves I4 (the 4th Industrial Revolution) or Smart Manufacturing. Start-Up Nation Central counts 230 currently active I4 tech companies in Israel. They operate in fields like operations optimization for factories (SparkBeyond), sensing and imaging (Vayyar), connectivity (Seebo), robotics (Deep Learning Robotics), 3D printing (Nanofabrica), predictive maintenance (Augury), inspection and testing (vHive), and cyber-security for connected factories (Claroty). Just as carmakers are plugging into Israel's auto-tech sector, big-name industrial firms are increasingly plugging into the Israeli I4 sector. "Labor productivity [in Israel]...is 27% lower than the OECD average. It's a win-win situation if the government helps traditional industry in Israel adopt and implement technology from I4 startups," says Uri Gabai, formerly a senior official at the Israel Innovation Authority. The writer is director of communications at Start-Up Nation Central.


2019-07-19 00:00:00

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