What’s the common thread tying together autonomous and connected cars, digital health solutions, robotics, the Internet of Things, and smart city technologies – aside from a shared spirit of innovation? To reach their full potential, each will require a network infrastructure that enables the processing and transfer of massive amounts of data at ultra-high speeds – which is why the rollout of fifth-generation (5G) cellular network technology will prove pivotal.
In July, the Israeli Ministry of Communications announced the country’s auction for 5G frequencies, with up to 500 million NIS (nearly $150 million) in incentives for companies to accelerate their investments in the technology.
But Israel’s contributions to 5G technology will extend well beyond the Start-Up Nation’s borders. The country’s R&D prowess is paving the way for advances in 5G technology and laying vital groundwork for the coming 5G infrastructure. Through initiatives like the HERON Consortium – a collaboration among 13 industrial partners and 15 research teams across six academic institutions – Israeli innovators are working intensively to build the network architecture necessary for 5G to transform connectivity.
What’s more, cutting-edge network services companies are spearheading the development of solutions that will be crucial to supporting the 5G architecture. Here’s a look at some of the country’s leading innovators in the space:
Offering surfing speeds about 20 times faster than 4G, 5G will usher in dramatic changes across countless industries, transforming today’s high-tech dreams into tomorrow’s reality. It’s hardly surprising, then, that innovators around the globe are eagerly awaiting 5G’s deployment – and it’s even less surprising that Israeli technology will play a significant role in making it possible.
For more information, please visit http://www.itrade.gov.il/ or contact your local Israel Economic Attaché.