8 Israeli Tech Trends, 8 Crazy Nights 2014: Internet of Things (2/8)

As Israel observes Hanukkah – a celebration of the light among the darkness – it’s time to highlight the tech trends creating sparks within the Startup Nation. Note, these trends are based on our deal flow – what our team sees on the ground. Trend 2/8: Internet of Things How a trend is born:  Let’s talk impressive numbers: There are already more than 10 billion systems connected to the Internet (IDC) and by 2020 there will be nearly 26 billion devices on the Internet of Things (Gartner). If you haven’t heard the term by now, Internet of Things (IoT) refers to the climbing trend of connecting “dumb” devices through an internet connection to collect and utilize actionable intelligence about everyday life.  Who’s who:  In Israel, Sensibo: Sensibo is a tiny device that connects air conditioners to the internet. It can be used with any A/C that has a remote control. Milla: Milla is a platform on which internet of everything devices can connect and interact, a consumer-facing interface layer for unified control of diverse devices and applications, and a marketplace for applications that operate devices across...

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