Israeli companies add to Vivatech buzz
Led by Yossi Dan from the Israel-France Chamber of Commerce, a delegation of some twenty Israeli startups and a number of buyers arrived right here at Vivatech, the biggest higher tech present in Europe, and never stopped jogging from a single rendezvous to the next in the enormous corridor (air-conditioned for the 1st time) at the Porte de Versailles. Set with each other by Maurice Lévy, chairman of the board of advertising and marketing large Publicis Groupe, together with the Les Echoes push group, Vivatech this year took put in a quite tense political context, specially with the Russian invasion of Ukraine. But on the ground of the hall, amongst the hundreds of crowded, colorful and loud enterprise, regional and nation stands and pavilions, there was no time for politics, which includes for the Israeli delegation.

With aid from Michel Hauser-Kauffmann of the France-Israel chamber of commerce, Dan initial brought the delegation to the stand of mega French team Bouygues, which gave two Israeli wise mobility start off-ups an award.

Product or service VP of Parknav, Simon Arazi, quickly spelled out that there are many startups working with true time facts to assistance folks locate parking spots in towns, but that “owning only real time date is ineffective. Our program is based mostly on statistics improved with true-time knowledge,” he ongoing, “and tells the user the share of chances of acquiring a spot in a certain spot.” Arazi stated that some 150 cities in Europe and the States are making use of the Parknav engineering.

Upcoming to Arazi on the podium stood Dvir Kenig, head of the ITC startup, Intelligent Visitors Manage. “We are enablers,” he stated, “assisting municipalities to avert traffic jams by regulating lights at intersections.” On a tablet personal computer, he showed me a site visitors jam in Tel Aviv with very little bars on license plates to continue to keep house owners anonymous. “We are connected to cameras regulating the lights,” he continued.

ITC has clients in Israel, the US, Luxembourg, and a venture in Brazil. But aren’t metropolitan areas striving to eliminate vehicle website traffic? Of course, but cities will constantly have as well substantially motor vehicle and truck visitors, both equally winners agreed.

Also in the delegation was Yaron Golpher, head of I Know Initial. It offers synthetic intelligence-based mostly algorithmic forecasting methods to make inventory industry predictions and day-to-day forecasts in additional than 50 world-wide markets. Already featured on Israel’s television channel 13 and i24 News, I Know Initial has won an award for very best intercontinental money technological know-how startup at the Geneva Wealthtech Discussion board.

The algorithm was very first designed for the chemical industry by associate Dr. Lipa Roitman, from Russia, who analyzed in Novosibirsk Condition University in Siberia and the Weizmann Institute of Science. Golpher termed him, “a genius, the smartest individual I have at any time met.”

He extra, “and just as we really do not touch our clients’ revenue, he and I do not discuss politics.”

Golpher observed that the algorithm was pointing to price tag hikes and shortages in the electrical power, mining and foodstuff sectors in October 2021 right before the war in Ukraine began, meaning “the trend from this war was predictable.” Has this offered an opportunity for traders? “I am not at all snug with contacting selling price hikes and shortages for several individuals an prospect for a few investors,” he answered.

Also in the delegation, Yotam Hechtlinger, head of exists.ai, which is in the early phase of progress of 3D internet sites. “Technology has arrived at the stage where we can create spectacular internet sites that will attractiveness to individuals and providers, not just avid gamers,” he stated.

Exists.ai has clientele in Israel and the US, he observed, and hopes to expand into France. He is producing a platform to make 3D internet sites an web commodity. “This engineering can assist make the world a greater position,” he famous, “not just for movie online games but to enrich the internet, to give far more data, to remedy difficulties.”

Hechtlinger commented, “Yossi and the chambers of commerce did a fantastic task of introducing us to people listed here at Vivatech. We have a couple of potential customers from this exhibit. Now we have to proceed producing sounds about our product.”

Without a doubt, startuppers created their way via hundreds of site visitors to check out a good selection of French stands: LVMH (luxury brand names), Paris Location, RATP (community transportation) AXA (insurance coverage), Bouygues, Orange, ENGIE (energy), BNP Paribas Michelin and JC Decaux, for case in point.

A exclusive take note on Jacob Makhtabi and his raw, fingers-on industrial French-Israeli startup, Hydro-ecotech. His patented innovation takes advantage of decomposed, demineralized drinking water, in which hydrogen and oxygen molecules have been divided by electric latest, to clean up carbon deposits (fuel and oil) from auto engine walls and their components (cylinders, pistons and valves). Now that is a mouthful, or somewhat a truck and bus-whole!!

“An motor that is not cleaned calls for enhanced gasoline usage and ultimately ought to be immobilized, and its sections changed, which is extremely high priced,” he defined in French. (He also speaks fluent Hebrew, and some Arabic and Farsi, but no English.) “Ours is a groundbreaking method for the industrial earth, as we can cleanse two buses or vans a day, whilst existing treatments acquire two times for each auto if the cleaning is even carried out,” he included. He at present has municipal transport customers in Marseilles, his dwelling town, the RATP, and various garbage truck companies.

Back to the notion of “Tech for Good”, the slogan of Vivatech numerous yrs ago (in advance of the corridor was air-conditioned). What about now? Vivatech founder Maurice Levy told Globes, “Tech for superior is now critical. Mankind’s genius has systematically aided wipe out the setting, with overcrowded metropolitan areas, poor transportation, pollution, forest destruction, and carbon emissions. With technology, we can use that genius to reduce voracious electricity usage, build clear tech and new energies, and to better well being and schooling. Tech for good is the avenue for the upcoming.”

Maurice Levy then took the phase with Makhtar Diop, head of the Worldwide Finance Corp, a branch of the Earth Financial institution, to open up the Africa Tech Awards session, announcing finalists in three parts: overall health, fintech and weather-tech.

“We are right here to solve challenges,” Levy instructed the crowd in the not fairly total Phase One particular arena. “And Africa has no time to squander,” included Diop, a former Senegalese finance minister, arguably the most substantial-amount official from the African continent at the exhibit.”

Doaa Aref and Dr. Rasha Rady, founders of Chefaa, a pharmacy shipping and delivery system from Cairo, Egypt, were handed the overall health tech award. A youthful guy sitting upcoming to me and considerably from home, Luke Shankland from South Africa, whose Aviro Well being startup performs digitalized, automated well being screening, graciously commented, “they deserved to get.”

He additional that “support for Africa does occur from the West but typically with strings attached. And major American companies are using the services of away considerably of the best talent in African international locations.” He recurring what Makhtar Diop experienced just explained on phase, “African billionaires need to spend additional in engineering.”

Up coming, a political situation in which Israel finds alone concerned on both equally sides…a holographic tackle in augmented fact by none other than President Zelenskyy of Ukraine, in point by his avatar. He produced a plea for corporations to commit in “a electronic land lease in the wrestle for democracy in opposition to an empire, to reconstruct the Ukraine. Be sure to aid the Ukraine right until victory,” he informed the Phase A single crowd, in an address coordinated with tech shows in Dublin, Zurich and London.

“Ukraine warrants this accumulating,” Maurice Levy informed the crowd, with no mentioning the phrase Russia. “They need us and we have to have to assistance them.” It is incredibly unusual for a standing president to use a hologram and avatar, but this was Vivatech.

Maurice Levy explained to Globes, “it is too early to see extended time period repercussions from the war in Ukraine, together with the situation with China, but technologies will have to discover methods to what I believe will be the conclude of globalization as we have recognised it with free of charge and open markets. I see two big developments: inflation for the upcoming 12 to 18 months, with significant fascination charges and the stop of cheap cash, and the repatriation of production.”

And the upcoming day, French President Macron, just back again from Kiev, was on stage. “The European technological know-how ecosystem can provide significantly aid to the Ukrainians, who are preventing for their flexibility,” he instructed the gathering.

Macron promised more community and non-public financial investment in technologies in France and Europe, as effectively as in higher tech teaching and training, commencing at the center school amount, to fulfill important troubles in health, climate, and to offer a much better life for all.

And Israeli startups have a function to perform in this tech for fantastic, soon after what all current agreed was very optimistic participation in Vivatech, with substantially necessary support from the two chambers of commerce in Tel Aviv and Paris.

According to Vivatech, 91,000 site visitors attended the clearly show at la Porte de Versailles, there had been 300,000 clicks on-line, and 3 billion views on social networks.

Posted by Globes, Israel business enterprise information – en.globes.co.il – on June 19, 2022.

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