Israeli technology has a reputation of always being on the edge of innovation. So, it is hardly surprising that local startups are also leading the charge when it comes to 5G technology. Israel’s technology innovation sector attracts billions of dollars a year in foreign investment, earning it the nickname, Startup Nation. For all the accolades, however, the country’s rollout of 5G telecommunications infrastructure is far from the cutting edge.
The dramatic upgrade in telecommunication capabilities provided by 5G, the fifth generation technology standard for cellular networks, will unleash a wide range of solutions that in many aspects will change life as we know it. In fact, it is set to bring to life what were once only science fiction fantasies, like autonomous vehicles, talking robots, and virtual reality.
There are currently over 25 Israeli companies working on 5G related tech, from giants like Intel to small early-stage startups.
5G is essentially composed of two main parts. There is the network’s wireless system, the Radio Access Network (RAN), which is the way the device communicates with the base station, what frequencies it uses, and how fast it transfers data. The second part of the 5G network is the core network, which is used to keep the network operating efficiently, essentially enabling the more sophisticated usages of the network like machine-to-machine communication and cloud edge services.
Recently the Israel Export Institute and the Foreign Trade Administration at the Ministry of Economy and Industry initiated Mobile 5G Innovation Israel event, which was the first biggest virtual Mobile Technology Expo. The virtual Expo was held on November 17-18, 2020 and will stay LIVE till January!
The event included Israel’s leading companies presenting the latest technology for: 5G, MEC, Connected Car, XR, IoT, Smart City, Smart Home, Telehealth, Industry 4.0, AI & Machine Learning, Big Data & Analytics, FinTech and much more.
More than 25 Indian companies took part in the virtual event and conducted around 100 pre scheduled B2B meetings.
For further information on 5G technologies from Israel, contact the Economic and Trade Department at the Consulate General of Israel in Mumbai.
Siddhant Gupte; Trade Officer, Mumbai