July 3, 2022

Y M L P-298

It Must Be Business

Israeli companies add to Vivatech buzz

7 min read

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Led by Yossi Dan from the Israel-France Chamber of Commerce, a delegation of some 20 Israeli startups and a number of traders arrived right here at Vivatech, the major high tech demonstrate in Europe, and by no means stopped working from 1 rendezvous to the up coming in the enormous corridor (air-conditioned for the initially time) at the Porte de Versailles. Put with each other by Maurice Lévy, chairman of the board of advertising big Publicis Groupe, together with the Les Echoes push team, Vivatech this 12 months took put in a pretty tense political context, specifically with the Russian invasion of Ukraine. But on the flooring of the hall, among the the hundreds of crowded, vibrant and loud organization, regional and place stands and pavilions, there was no time for politics, including for the Israeli delegation.

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With support from Michel Hauser-Kauffmann of the France-Israel chamber of commerce, Dan very first introduced the delegation to the stand of mega French group Bouygues, which gave two Israeli sensible mobility start off-ups an award.

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Products VP of Parknav, Simon Arazi, swiftly stated that there are many startups applying actual time details to assistance individuals come across parking places in cities, but that “possessing only real time day is useless. Our technique is centered on statistics enhanced with real-time facts,” he ongoing, “and tells the user the percentage of prospects of getting a place in a specific location.” Arazi reported that some 150 metropolitan areas in Europe and the States are using the Parknav technologies.

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Next to Arazi on the podium stood Dvir Kenig, head of the ITC startup, Intelligent Visitors Command. “We are enablers,” he stated, “helping municipalities to reduce targeted visitors jams by regulating lights at intersections.” On a pill pc, he confirmed me a site visitors jam in Tel Aviv with very little bars on license plates to preserve house owners nameless. “We are linked to cameras regulating the lights,” he ongoing.

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ITC has customers in Israel, the US, Luxembourg, and a job in Brazil. But aren’t metropolitan areas seeking to eradicate automobile visitors? Yes, but metropolitan areas will always have much too substantially car or truck and truck website traffic, both of those winners agreed.

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Also in the delegation was Yaron Golgher, head of I Know To start with. It supplies synthetic intelligence-based algorithmic forecasting options to make stock market predictions and day by day forecasts in additional than 50 global marketplaces. Already highlighted on Israel’s tv channel 13 and i24 News, I Know 1st has received an award for ideal intercontinental economical technological innovation startup at the Geneva Wealthtech Forum.

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The algorithm was 1st formulated for the chemical business by spouse Dr. Lipa Roitman, from Russia, who analyzed in Novosibirsk State University in Siberia and the Weizmann Institute of Science. Golgher termed him, “a genius, the smartest man or woman I have ever fulfilled.”

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He additional, “and just as we really do not contact our clients’ income, he and I do not chat politics.”

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Golgher famous that the algorithm was pointing to price hikes and shortages in the energy, mining and food stuff sectors in October 2021 before the war in Ukraine began, meaning “the trend from this war was predictable.” Has this offered an opportunity for investors? “I am not at all cozy with calling selling price hikes and shortages for many folks an chance for a several investors,” he answered.

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Also in the delegation, Yotam Hechtlinger, head of exists.ai, which is in the early phase of advancement of 3D websites. “Engineering has reached the stage where by we can make amazing internet sites that will charm to folks and companies, not just gamers,” he explained.

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Exists.ai has customers in Israel and the US, he noted, and hopes to increase into France. He is making a platform to make 3D web sites an world-wide-web commodity. “This know-how can assistance make the planet a greater spot,” he mentioned, “not just for online video games but to enrich the web, to give far more facts, to fix complications.”

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Hechtlinger commented, “Yossi and the chambers of commerce did a excellent position of introducing us to people today in this article at Vivatech. We have a couple of leads from this clearly show. Now we have to continue making noise about our product.”

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In fact, startuppers produced their way through thousands of guests to check out a fantastic number of French stands: LVMH (luxury brands), Paris Region, RATP (public transport) AXA (insurance coverage), Bouygues, Orange, ENGIE (strength), BNP Paribas Michelin and JC Decaux, for case in point.

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A exclusive be aware on Jacob Makhtabi and his uncooked, fingers-on industrial French-Israeli startup, Hydro-ecotech. His patented innovation makes use of decomposed, demineralized h2o, in which hydrogen and oxygen molecules have been divided by electrical present-day, to thoroughly clean carbon deposits (gas and oil) from car motor partitions and their parts (cylinders, pistons and valves). Now that is a mouthful, or fairly a truck and bus-whole!!

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“An motor that is not cleaned demands amplified gasoline consumption and inevitably need to be immobilized, and its pieces replaced, which is really costly,” he spelled out in French. (He also speaks fluent Hebrew, and some Arabic and Farsi, but no English.) “Ours is a revolutionary course of action for the industrial globe, as we can clean up two buses or vehicles a day, whereas present processes consider two days for each vehicle if the cleaning is even finished,” he extra. He now has municipal transportation customers in Marseilles, his dwelling town, the RATP, and several rubbish truck corporations.

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Again to the idea of “Tech for Good”, the slogan of Vivatech a number of many years back (ahead of the hall was air-conditioned). What about now? Vivatech founder Maurice Levy explained to Globes, “Tech for superior is now important. Mankind’s genius has systematically assisted damage the ecosystem, with overcrowded towns, lousy transportation, pollution, forest destruction, and carbon emissions. With know-how, we can use that genius to lessen voracious strength use, create clean up tech and new energies, and to improved health and fitness and schooling. Tech for excellent is the avenue for the foreseeable future.”

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Maurice Levy then took the phase with Makhtar Diop, head of the International Finance Corp, a department of the Entire world Lender, to open the Africa Tech Awards session, asserting finalists in 3 places: health and fitness, fintech and climate-tech.

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“We are listed here to remedy problems,” Levy told the crowd in the not fairly full Phase A person arena. “And Africa has no time to waste,” added Diop, a former Senegalese finance minister, arguably the most high-stage formal from the African continent at the demonstrate.”

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Doaa Aref and Dr. Rasha Rady, founders of Chefaa, a pharmacy delivery platform from Cairo, Egypt, had been handed the well being tech award. A young gentleman sitting up coming to me and significantly from property, Luke Shankland from South Africa, whose Aviro Well being startup performs digitalized, automated health and fitness screening, graciously commented, “they deserved to earn.”

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He included that “assist for Africa does appear from the West but usually with strings attached. And huge American providers are selecting away a lot of the prime expertise in African international locations.” He recurring what Makhtar Diop experienced just stated on phase, “African billionaires must make investments far more in technology.”

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Future, a political circumstance in which Israel finds itself involved on both equally sides…a holographic tackle in augmented reality by none other than President Zelenskyy of Ukraine, in truth by his avatar. He created a plea for corporations to spend in “a digital land lease in the wrestle for democracy versus an empire, to reconstruct the Ukraine. Please guidance the Ukraine till victory,” he instructed the Phase 1 crowd, in an handle coordinated with tech displays in Dublin, Zurich and London.

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“Ukraine deserves this accumulating,” Maurice Levy instructed the group, without having mentioning the word Russia. “They need to have us and we require to support them.” It is incredibly strange for a standing president to use a hologram and avatar, but this was Vivatech.

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Maurice Levy explained to Globes, “it is too early to see extensive time period penalties from the war in Ukraine, together with the scenario with China, but technologies must obtain remedies to what I think will be the end of globalization as we have identified it with free of charge and open marketplaces. I see two big traits: inflation for the upcoming 12 to 18 months, with significant desire fees and the conclusion of low-cost income, and the repatriation of production.”

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And the future working day, French President Macron, just back from Kiev, was on stage. “The European technologies ecosystem can carry considerably aid to the Ukrainians, who are preventing for their flexibility,” he told the accumulating.

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Macron promised a lot more general public and private financial commitment in technological know-how in France and Europe, as properly as in significant tech instruction and education and learning, commencing at the center university stage, to meet major issues in health, climate, and to offer a improved everyday living for all.

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And Israeli startups have a function to engage in in this tech for superior, just after what all current agreed was extremely good participation in Vivatech, with significantly necessary enable from both of those chambers of commerce in Tel Aviv and Paris.

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According to Vivatech, 91,000 visitors attended the exhibit at la Porte de Versailles, and there were 300,000 visits on the web.

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Released by Globes, Israel company information – en.globes.co.il – on June 19, 2022.

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© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.

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