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Israeli companies add to Vivatech buzz

By Lonnie Domingez 2 months ago

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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 buyers arrived in this article at Vivatech, the largest substantial tech demonstrate in Europe, and hardly ever stopped working from a single rendezvous to the next in the massive hall (air-conditioned for the very first time) at the Porte de Versailles. Set jointly by Maurice Lévy, chairman of the board of promoting huge Publicis Groupe, together with the Les Echoes press group, Vivatech this calendar year took location in a quite tense political context, particularly with the Russian invasion of Ukraine. But on the flooring of the corridor, among the hundreds of crowded, vibrant and loud organization, regional and region stands and pavilions, there was no time for politics, like for the Israeli delegation.

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With assist from Michel Hauser-Kauffmann of the France-Israel chamber of commerce, Dan 1st introduced the delegation to the stand of mega French team Bouygues, which gave two Israeli smart mobility start off-ups an award.

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Item VP of Parknav, Simon Arazi, speedily defined that there are many startups using genuine time details to enable people today uncover parking places in metropolitan areas, but that “obtaining only true time day is ineffective. Our procedure is dependent on data improved with genuine-time knowledge,” he ongoing, “and tells the consumer the proportion of chances of finding a location in a specific space.” Arazi reported that some 150 cities in Europe and the States are working with the Parknav technology.

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Next to Arazi on the podium stood Dvir Kenig, head of the ITC startup, Intelligent Website traffic Handle. “We are enablers,” he stated, “aiding municipalities to avoid visitors jams by regulating lights at intersections.” On a tablet pc, he showed me a visitors jam in Tel Aviv with very little bars on license plates to maintain homeowners nameless. “We are related to cameras regulating the lights,” he ongoing.

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ITC has consumers in Israel, the US, Luxembourg, and a challenge in Brazil. But are not metropolitan areas attempting to remove car website traffic? Certainly, but towns will always have much too much car and truck website traffic, each winners agreed.

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Also in the delegation was Yaron Golpher, head of I Know 1st. It offers artificial intelligence-dependent algorithmic forecasting alternatives to make stock current market predictions and daily forecasts in far more than 50 global markets. Presently highlighted on Israel’s tv channel 13 and i24 News, I Know Very first has won an award for most effective worldwide fiscal technologies startup at the Geneva Wealthtech Discussion board.

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The algorithm was first created for the chemical field by spouse Dr. Lipa Roitman, from Russia, who studied in Novosibirsk Condition University in Siberia and the Weizmann Institute of Science. Golpher termed him, “a genius, the smartest human being I have ever fulfilled.”

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He included, “and just as we really don’t touch our clients’ revenue, he and I do not communicate politics.”

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Golpher noted that the algorithm was pointing to price tag hikes and shortages in the vitality, mining and food stuff sectors in Oct 2021 in advance of the war in Ukraine commenced, this means “the trend from this war was predictable.” Has this offered an chance for traders? “I am not at all comfy with calling rate hikes and shortages for quite a few people today an prospect for a couple of traders,” he answered.

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Also in the delegation, Yotam Hechtlinger, head of exists.ai, which is in the early phase of progress of 3D web sites. “Technological innovation has reached the stage exactly where we can develop amazing sites that will charm to folks and organizations, not just avid gamers,” he explained.

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Exists.ai has consumers in Israel and the US, he noted, and hopes to broaden into France. He is building a platform to make 3D internet websites an world wide web commodity. “This technologies can aid make the environment a improved put,” he mentioned, “not just for online video games but to enrich the world wide web, to offer a lot more details, to address problems.”

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Hechtlinger commented, “Yossi and the chambers of commerce did a great career of introducing us to people today below at Vivatech. We have a couple of leads from this exhibit. Now we have to continue generating sound about our merchandise.”

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Without a doubt, startuppers produced their way via 1000’s of website visitors to pay a visit to a excellent amount of French stands: LVMH (luxurious brands), Paris Location, RATP (community transportation) AXA (insurance plan), Bouygues, Orange, ENGIE (power), BNP Paribas Michelin and JC Decaux, for illustration.

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A unique observe on Jacob Makhtabi and his uncooked, hands-on industrial French-Israeli startup, Hydro-ecotech. His patented innovation utilizes decomposed, demineralized drinking water, in which hydrogen and oxygen molecules have been divided by electrical present-day, to cleanse carbon deposits (gas and oil) from vehicle motor partitions and their factors (cylinders, pistons and valves). Now that is a mouthful, or instead a truck and bus-whole!!

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“An engine that is not cleaned needs improved gasoline use and sooner or later should be immobilized, and its parts replaced, which is quite high priced,” he explained 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 world, as we can thoroughly clean two buses or vehicles a day, whereas present-day treatments choose two times per car if the cleaning is even done,” he added. He at the moment has municipal transportation clientele in Marseilles, his dwelling metropolis, the RATP, and many garbage truck organizations.

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Back again to the notion of “Tech for Excellent”, the slogan of Vivatech various decades in the past (right before the corridor was air-conditioned). What about now? Vivatech founder Maurice Levy instructed Globes, “Tech for very good is now important. Mankind’s genius has systematically served wipe out the natural environment, with overcrowded metropolitan areas, poor transportation, air pollution, forest destruction, and carbon emissions. With know-how, we can use that genius to lower voracious electricity consumption, establish thoroughly clean tech and new energies, and to better health and education and learning. Tech for very good is the avenue for the potential.”

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

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“We are right here to clear up complications,” Levy explained to the group in the not very full Phase Just one arena. “And Africa has no time to squander,” added Diop, a previous Senegalese finance minister, arguably the most substantial-level official from the African continent at the present.”

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Doaa Aref and Dr. Rasha Rady, founders of Chefaa, a pharmacy delivery system from Cairo, Egypt, have been handed the wellbeing tech award. A youthful male sitting subsequent to me and significantly from household, Luke Shankland from South Africa, whose Aviro Wellness startup performs digitalized, automated wellness screening, graciously commented, “they deserved to get.”

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He added that “support for Africa does appear from the West but normally with strings attached. And large American companies are selecting absent much of the prime talent in African countries.” He recurring what Makhtar Diop had just claimed on phase, “African billionaires ought to make investments extra in technological know-how.”

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Next, a political condition in which Israel finds alone involved on both equally sides…a holographic address in augmented truth by none other than President Zelenskyy of Ukraine, in simple fact by his avatar. He designed a plea for organizations to invest in “a digital land lease in the struggle for democracy towards an empire, to reconstruct the Ukraine. Please assistance the Ukraine right up until victory,” he advised the Stage 1 group, in an handle coordinated with tech demonstrates in Dublin, Zurich and London.

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“Ukraine warrants this collecting,” Maurice Levy advised the crowd, devoid of mentioning the phrase Russia. “They need us and we require to assist them.” It is extremely strange for a standing president to use a hologram and avatar, but this was Vivatech.

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Maurice Levy informed Globes, “it is way too early to see lengthy time period consequences from the war in Ukraine, together with the condition with China, but engineering must come across alternatives to what I believe will be the conclude of globalization as we have known it with no cost and open up marketplaces. I see two large traits: inflation for the subsequent 12 to 18 months, with substantial curiosity prices and the finish of low-cost money, and the repatriation of manufacturing.”

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And the subsequent working day, French President Macron, just back from Kiev, was on phase. “The European technology ecosystem can bring a great deal help to the Ukrainians, who are combating for their flexibility,” he advised the collecting.

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Macron promised a lot more public and non-public financial commitment in technologies in France and Europe, as properly as in superior tech schooling and schooling, beginning at the center faculty stage, to meet up with important issues in health, climate, and to provide a much better daily life for all.

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And Israeli startups have a position to perform in this tech for superior, soon after what all present agreed was pretty positive participation in Vivatech, with substantially essential assistance from both of those chambers of commerce in Tel Aviv and Paris.

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In accordance to Vivatech, 91,000 readers attended the demonstrate at la Porte de Versailles, there ended up 300,000 clicks on-line, and 3 billion views on social networks.

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

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

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