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December 22, 2014 / 30 Kislev, 5775
 
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Posts Tagged ‘technology’

The US-Israel Win-Win Relationship

Sunday, May 12th, 2013

Straight from the Jerusalem Boardroom #179.

While struggling to turn around an expanding (5%) budget deficit, Israel sustains its unique role as a pipeline of commercial, defense and homeland security technologies to the U.S. and the Free World.  Israeli technologies, shared with the U.S. industry, have enhanced the U.S. employment, research & development and exports.

1.  Facebook about to acquire Israel’s Waze for $1BN.  In January, Waze turned down Facebook’s offer of $500MN (Israel Hayom, May 10, 2013). Warren Buffett completed acquisition of Israel’s Iscar – $2BN for the remaining 20% of Iscar.  $4BN were paid for 80% (Globes, May 1).  NYC’s KKR Private Equity acquired (from NYC’s Warburg-Pincus Ventures) 75% of Israel’s Alliance Tires Group for $500MN (Globes, April 15).  Israel’s Prolor was merged into Miami, FL’s Opko for $480MN (Globes, April 25).  San Jose, CA’s Avago Technologies acquired Israel’s Cyoptics for $400MN (Globes, April 12).  China’s Fosun Pharma acquired Israel’s Alma Lasers for $240 Million (TechTime, April 29).  J.P. Morgan sold 21% of Israel’s CaesarStone (held by Israel’s Tene’ Investment Fund) for $170MN, on NASDAQ (Globes, April 15).

2.  Japan’s Sony extends its medical tech investments, investing $10MN in Israel’s Rainbow Medical investment fund, joining prior giant investors: Minnesota’s Medtronic, Illinois’ Abbottand Italy’s Sorin.  Sonny is seeking Israeli acquisitions. Israel is a research & development hub for GE Healthcare, Phillips, Medtronic, Johnson & Johnson, Boston Scientific and Switzerland’s Roche, which have acquired Israeli companies and have invested in scores of Israeli start-ups (Globes, May 9). GE inaugurated a software research & development center in Israel (May 1).

3.  London’s Amadeus Capital led a $17MN round of private placement by Israel’s ClickTale (Globes, May 1).  Israel’s Micronet Enertec raised $8MN on NASDAQ (May 6). Waltham, MA’s Battery Ventures participated in a $6MN first round of private placement by Israel’s FTBpro (Globes, May 9).

4.  The scope of Leviathan’s offshore proven natural gas reserves is larger (19 Trillion Cubic Feet) than expected (17 TCF), according to Yedioth Achronot, May 2).

5.  Israel’s unemployment decrease to 6.5%, during the first quarter in 2013, derives from increased integration – by Arabs and ultra-orthodox Jews – into the job market. The average unemployment rate is 10.9% in the EU, 12.1% in the Euro Bloc and 25% among the youth of the Euro Bloc.

6.  “In January, Intel executive Greg Slater noted that many of his company’s major innovations over the past three decades started in Israel—including the latest ‘Ivy Bridge’ and ‘Sandy Bridge’ microprocessors, which accounted for 40% of Intel revenues in 2011….Microsoft’s founder, Bill Gates, said in 2006 that ‘the innovation going on in Israel is critical to the future of the technology business….’ Scores of major U.S. manufacturers—from General Electric GE to General Motors, GM, Microsoft, IBMGoogle, Apple and others—have R&D centers and technology incubators in Israel…. Israel [contributesto the U.S. economy thousands of skilled professionals, hundreds of joint patent applications, and hundreds of coauthored scientific and technical papers…. (Wall Street Journal, March 21, 2013).”

Visit The Ettinger Report.

Israel Hi-Tech Firm Helped Capture Boston Bombers

Monday, April 29th, 2013

An Israeli hi-tech company with an office in metropolitan Boston was instrumental in helping to identify and lead to the arrest of the Boston Marathon terrorists

BriefCam company’s technology enabled investigators to summarize an hour of surveillance video footage into only one minute and also zoom in on people and objects whose movements changed during the filming. The system then can track those movements form the beginning of the video.

“The technology used by U.S. security forces has already been installed around the world in police, HLS, intelligence entities and others, saving time and manpower and also providing a solution for the vast challenge of growing amounts of recorded video produced every hour, every day,” Israel Defense reported Monday.

The system is based on the concept of allowing the simultaneous display of several events. Once a certain movement or area is indentified, the system then tracks it during the entire film.

Amit Gavish, general manager for the Americas at BriefCam. based in Farmington, Massachusetts, told the GCN technology website, explained how it works. “If you have 10 hours to investigate on a specific camera, the software will take it to a 10-minute clip…events that occurred during those 10 hours will be presented simultaneously.”

Gavish, who is the former deputy head of security for the office of the Israeli President, said each event is “tagged” and marked with a time stamp on screen, so the viewer is watching events that happened hours apart, at the same instant.

“We are the search engine for video,” he added.

GCN reported that BriefCam and other sophisticated video systems have caught the eye of mass transit and port systems

“Most of these large cities have already been going down the path to do exactly what everybody’s wondering if they’re going to do. They’re not just putting in thousands of cameras, they’re putting in tens of thousands of cameras.” said David Gerulski, vice president of Texas-based BRS Labs, which installs artificial intelligence systems for video surveillance.

He said that the old-fashioned surveillance camera do not play a major part in helping to uncover terrorism or thwart crime and many cities simply “shut them off.”

BriefCam’s product is in use in the United States, Israel, China, Taiwan and other countries and was used after the massacre in Oslo in 2011, in which 87 people, including children, were murdered.

In the case of the Boston Marathon bombings, U.S. Park police technological service direct David Mulholland explained, “There may have been 500 people who walked in that general area, but the analytics piece will ignore that and flag anything that changed in that one specific area, such as a backpack being left behind. So instead of spending 20 minutes looking at video in which nothing happens, the investigator can hit a button and in 30 seconds go to the area of interest and then begin to dissect what actually happened.

What Israel Did for IBM and What IBM Did for Israel

Wednesday, April 24th, 2013

Doug interviews Meir Nissensohn, former general manager of IBM in Israel. Mr. Nissensohn explains why IBM came to Israel, what investment opportunities Israel offers to large, multinational companies and what these companies can give to Israel in return. Also find out why Israel has so many startup companies and why businesses and the Israeli economy continue to prosper on the second part of this week’s Goldstein on Gelt podcast.

Israel’s Gift to Obama: Nano Chip of Declarations of Independence

Monday, March 18th, 2013

Prime Minister Binyamin Netanyahu will present visiting President Barack Obama a one-of-a kind replica of the Israeli and American Declarations of Independence etched on a tiny gold-coated silicon nano chip designed by Technion University’s Nanotechnology Institute researchers and scientists.

The two declarations are inscribed side by side on the chip, as area of 0.04mm by 0.00002mm, using a focused beam of gallium ions.

The chip is affixed to a Jerusalem stone dating to the Second Temple used to seal clay vessels. In the video below, Prof. Wayne Kaplan, Dean of Technion’s Department of Materials Science and Engineering, takes you into the Dual-Beam Focused Ion Beam Lab and explains how this was done. Dr. Tzipi Cohen-Hyams is seen working on the nano-chip.

The Next War With Apps and GPS

Monday, February 4th, 2013

In the days before Elie was called to Operation Pillar of Defense, he showed me an iPhone application he had found on the Internet. It was called “Color Red” – the same name used to indicate an incoming missile. And what it did – was alert you that a missile had been fired from Gaza and tell you how many seconds you had before impact. It even had a stop watch which you could start and then time yourself as you ran. Sick humor…

Elie called a short while ago – he found another application – it’s called, “The Next War” and what it does is tell you where the nearest bomb shelter is – based on your location as identified by GPS. Wonderful. He thought it was hysterical. He was particularly amused that according to this application, the nearest bomb shelter to where he was – working as a security guard in the mall in Maale Adumim – is a 40 minute drive to the southern part of Jerusalem (ignoring the bomb shelter that is in the mall in Maale Adumim and every other bomb shelter between us and Jerusalem). There was a link to report additional bomb shelters.

What does it say about us that we create programs to measure how fast we can run and where we can seek shelter? I actually think it shows how well we are adapting. No, I really doubt that either of these applications would be used in a real war. Who has time to pull out your phone, open the application and then consult it as you run for the 15 seconds to one minute it takes for the missile to arrive?

So maybe the better question is what is says about our enemies.

Visit A Soldier’s Mother.

The Future of Banking and Finance (Podcast)

Thursday, January 24th, 2013

John Kraft of D.A. Davidson explains the future of banking and finance in the modern world. John has been researching banking technologies for a number of years, and he talks about what lies ahead for the consumer in the current world of developing technology and know-how. So are today’s banking practices soon to become a thing of the past? Find out more by tuning into tonight’s show.

Why Water Networking Is Important (Podcast)

Monday, December 3rd, 2012

How does modern technology help to solve the water crisis? How does it solve the lack of efficiency in the water sector around the world? On this week’s Goldstein on Gelt show, Amir Peleg of TaKaDu returns to tell us more.

Printed from: http://www.jewishpress.com/blogs/goldstein-on-gelt/why-water-networking-is-important-podcast/2012/12/03/

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