Tuesday, October 21, 2014

Israel – super country for 4000 start-up companies – New Technology

Tel Aviv. Both the Prime Minister and Löfven Wallenberg family are inspired by innovation companies in Israel. New Technology is in place to try to understand why.

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“Get Taxi,” it says on a screen in the taxi we go with in Tel Aviv. It is also the name of an Israeli start-up company, whose mission is reminiscent of the so hyped American taxi company Uber. Both support the taxi drivers and customers quickly get in touch with each other via GPS and mobile.

“But Get Taxi have a much more advanced systems. Our customers can pay in cash and short. Uber allows only short. And on a map, I see both the customers and the drivers are, “said our taxi driver.

Get Taxi is one of Israel’s four 000 start-up companies. The country has the most innovative companies per capita in the world.

And we have traveled to Israel to try to understand why the country is called “The Start -Up Nation. “

We are not alone. Politicians and business leaders from around the world to try to learn the secret.

Prime Minister Stefan Löfven was impressed and introduced this spring, a new model to support business comes from Israel. He called the model “innovationskatapulter” and the idea is taken from Israel.

This spring, traveled some 30 of Wallenberg sphere business leaders to Israel to learn more about the power of innovation in the Israeli business community.

They probably all, like us, reading the famous book “Start -Up Nation, “The Story of Israel’s Economic Miracle.

It says that Israel has attracted 2.5 times more venture capital per capita than the United States, and 30 times more than in Europe. It also says that Israel has the largest number of companies listed on NASDAQ than any country outside the United States.

company “Get Taxi”, for example, has the $ 55 million in venture capital since 2012 including from a British billionaire Len Blavatniks Access Industries Fund and Vostok Nafta Investments.

Many known high-tech companies have established R & D in Israel, or bought Israeli companies. Intel already established themselves here in the 70s and now has up to 2,000 R & D employees in Israel, as well as manufacturing. On the spot with R & D units are also Cisco, eBay, Google, Facebook and AOL.

Since the book was written, even Apple and Facebook bought Israeli companies and R & D in place. Apple bought chip developer Anobit 2012th Facebook’s first purchase in Israel was apputvecklaren Snaptu, and the last is Onavo. Even the one app developers.

Google’s most acclaimed Israeli purchase is navigation company Waze for $ 966 million last year.

Even Ericsson has acted in Israel. The company recently bought his first isrealiska company Fabbrix Systems of Ra’anana for $ 95 million. Fabrix has approximately 100 employees working with video technology.

This is one of several short posts from Ny Teknik’s visit to Israel this week. Longer reports will in future issues of new technology.

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