Israeli finance technology has taken giant leaps in the last few years. Hundreds of local startups are developing new technologies for payment and security solutions, and multinational companies and banks are flocking to Israel for a piece of the action. Much like other tech sectors in Israel, the country’s fintech know-how is largely a byproduct of innovations in other fields, such as cybersecurity. Israel has over 430 fintech companies and 14 multinational R&D centers.
Israeli mobile technology involves a full spectrum of advanced solutions tailored for carriers, content providers, app stores, enterprises, and users. It comprises infrastructure and support hardware & software that enable efficient conversion to the latest LTE networks, while optimizing and virtualizing the performance of current systems, thus maximizing operator revenue.
Companies like Waze, Viber, and ICQ and many others were all founded and developed in Israel.
Emerging from within an entrepreneurial culture that pursues rapid results and quick, smart technological solutions to common problems, Israeli new media companies are vital players in an increasingly digital world.
Israeli companies span the range of new media possibilities, including content creation, delivery and management, broadcast, digital & cable TV, interactive TV, IPTV and satellite services, online advertising, e-commerce, optimization, analytics, and user interface solutions.
Israeli companies are sought after by media outlets, operators, and content providers for their novelty and utility, which create a rich user experience while increasing revenue.
As a top national priority, Homeland Security in Israel is more than just an exportable commodity. Israel’s self-reliance has created a diversified and cutting-edge security industry, adding innovation to existing technologies as well as developing new ones. Today Israel has earned a worldwide reputation for providing leading security solutions and continues to successfully partner with key world players to protect airports, seaports, government offices, financial institutions, recreational facilities, etc.
Since its founding, Israel has been coping with water scarcity and treating the subject as a national priority. The country has constantly been developing novel and efficient water technologies, which can benefit the world as it is increasingly dealing with water scarcity concerns due to global warming.
Some 97 percent of Israel’s wastewater is used for agriculture and irrigation; putting it leaps and bounds ahead of terms of world standards.
Israeli programs for accelerating water innovation are being replicated in Singapore and Korea, and leading international players are continually investing in this market in Israel, making it a particularly exciting field in which to become involved.
Israeli companies undoubtedly enjoy an exclusive advantage in the global cosmetics and toiletries industry. Direct access to the Dead Sea and its natural minerals and vital ingredients, provides the healthiest production environment on earth and grants Israeli companies like Dead Sea Beauty Products, an incredible competitive edge in the cosmetics market. Many Israeli companies combine advanced science with the natural resources of the Dead Sea, renowned as a unique health and spa site, to produce top of the line cosmetic products. Salts, black mud, and other rich minerals have supported the global success of the Israeli cosmetics industry which exports an annual $ 165 million.
Israel is an internationally recognized leader in cutting-edge agricultural advancements. The country’s elevated level of innovation in this field is due to the close cooperation between scientists, extension advisers, farmers, and agriculture-related industries, who contribute to the manufacturing of advanced technologies used locally and around the world.
IWhile Israel does not engage in large-scale vehicle manufacturing, more than 100 Israeli manufacturers supply systems, parts, modules and tooling to both original equipment manufacturers (OEMs) and the secondary market. Originally established to support, among others, the security and aircraft industries, Israeli companies have successfully adapted relevant technologies that were utilized for the military to civilian uses and made themselves a prominent technology destination for global companies in the field.
Food and Drinks
Once known exclusively for its fresh citrus produce and processed citrus products, Israel is now renowned for its vibrant, fast-growing food and beverage industry. European, Middle Eastern and North African cuisines blend to create a diverse array of original Mediterranean-style foods, most of which are kosher certified. Israel’s dynamic food and beverage industry produce gourmet foods, high-quality ingredients, and rich ethnic cuisine. In addition to Israel’s signature produce, the country has also earned a reputation for producing innovative, nutritious and delicious processed foods as well as a celebrated collection of fine gourmet wine.
An IT Powerhouse by the early 1990’s, IT exports from Israel totaled $90 million. In 2000, that figure was up to $2.6 billion. Today, IT exports have topped $3.6 billion, representing over one-quarter of all technology exports from Israel and almost one-tenth of the total national export. Additionally, the Israeli software sector draws over one-third of all foreign investment in Israel. Israel’s unique geographic, geopolitical, demographic, and cultural characteristics have combined to create a genuinely different software development climate – where innovation and entrepreneurship is the norm, early adoption is the rule, and innovative thinking is a day to day phenomenon.
The concept of advanced manufacturing is not new, though in recent years certain advanced technologies have created a tipping point that may lead to radical changes in traditional manufacturing processes. Over the past few years, Israel has experienced significant growth in these technologies include big data and cloud, sensing systems and powerful advanced processors; widespread additive manufacturing technologies; industrial robots, with rapidly developing abilities and decreasing costs; and information technology (IT), enabling new models of collaboration.
The Dental industry is a thriving field in Israel reflecting local innovation and technological development capabilities. In recent years, there have been quite a few acquisitions of Israeli companies by large international companies. Due to the skills of the chip industry in the metal industry, most of the dental industry in Israel has focused on implants and has become a leading player in the field. Israel is also a key player in providing a variety of other industry solutions, including the field of 3D printing and imaging.
According to the 2014 Global Cleantech Innovation Index, Israel has the most potential to start and commercialize clean-tech companies.
Israel is number one in reusing its water. Some 97 percent of its wastewater is used for agriculture and irrigation; while Spain is at 16%. Israel is many levels ahead of standards in the world.
Israeli programs for accelerating water innovation are being replicated around the world and international players in the investment space in Israel, like the IMF unit of the World Bank or Schneider Electric, are taking the energy sector to the next level.
Israeli ingenuity is widely known for being responsible for some of the world’s most amazing medical advancements. Israel’s robust life science industry is dealing with a wide-ranging spectrum of fields. From startups developing new cancer-targeting therapeutics, advanced genomic research for precision medicine, and the latest sensing technology to be integrated to your connected devices.
Whether futuristic, such as Given Imaging’s PillCam capsule endoscopy or Itamar Medical’s fingertip monitors for sleep disorders and cardiac issues — or cleverly simple, such as First Care Products’ Emergency Bandage – Israeli inventions are changing the face of healthcare in hospitals, doctors’ offices, homes and even battlefields worldwide.