Tag: IoT

6 IoT Trends to Watch in 2019

Previously the domain of fairytales and fantasies, the magic of the Internet of Things (IoT) lies in its unprecedented ability to bring the internet and its intelligence to the devices we use every day. While these devices will be talking to the internet, they’ll also be talking to you. They will give you insights about machines in your business and electronics in your home that will revolutionize the way the world operates for generations to come. Think about your own house, where IoT brings previously inanimate household objects to life. while you are driving home from work, your car can communicate with your thermostat, your smart fridge and your smart lights. The thermostat will start pumping heat, the fridge will alert if you are low on milk and the lights will turn on to welcome you back. Connected devices in an industrial environment will enable equipment pieces along an entire production line to communicate with each other, in real time, from the refining process to the packaging of products. Think small sensors on each machine in a factory that...

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From Ballistics to Blackouts: How One Company Uses Israel’s Military Technology to Help Power Utilities, Keep Lights On

Guest post by Phillip Fine, Jerusalem-based writer/editor.  There’s commercialization of military know-how and then there’s Israel’s commercialization of military know-how. Take mPrest Systems Inc., a software maker headquartered in Petah Tikva, a city of 231,000 roughly 11 kilometres east of Tel Aviv. That company is selling the software that Israel used in Iron Dome – its system for shooting down Hamas rockets — to electric power utilities to help them prevent blackouts. Specifically, by polling sensors, the software allows an electric utility to monitor its equipment. The utility can then better predict when a transformer might pop, thus allowing for repairs before the electricity goes off. One customer, the New York Power Authority, has already used the software to pinpoint transformers that it didn’t even know were problematic, says Natan Barak, mPrest’s CEO, who spoke to Media Line at the OurCrowd global investor summit in Jerusalem Feb. 16. mPrest hopes to sell the software to other electric utilities in the U.S., as well as to power companies in Asia. In fact, the company is customizing its product so utilities...

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Smart Objects, Smart Investing: Check out the Internet of Things

Does technology seem to be getting bigger and better by the day? To us it looks our ordinary ‘things’ are actually getting smarter. If you haven’t heard the term by now, the Internet of Things (IoT) refers to the growing trend of machine-to-machine connectivity, where Internet-enabled “dumb” devices have a network connection to collect and utilize actionable intelligence about everyday life. Over the past year, there has been a growing amount of impressive IoT activity in the startup world, and OurCrowd’s IoT portfolio represents a variety of companies supporting the greater IoT ecosystem. To capture the scope of this emerging world of connected devices, here’s an infographic to provide some insights into the scope of Internet of Things and location-based technologies. Does this infographic seem ‘smart’ to you? Share if you find it helpful! To find out more about IoT technology and other investment opportunities on our platform, contact our Investor Relations team or visit our...

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The Future Car: Driving the next generation of automobile technology

Henry Ford’s Model T is not famous for being the first car; in fact, there were several automobiles built in the decades before his. But the Model T is famous for being the car that ushered in a new era, not just of transportation – but of life. In other words, Ford’s model, because it could be mass produced at an affordable cost to consumers, disrupted the world. In 1908, the Model T ushered in a new era of transportation dominated by personal automobile ownership, giving people freedom of movement much greater than that provided by wagons, trains and the earlier, more expensive versions of cars. The development had far-reaching social and economic implications, including the emergence of the middle class and the development of suburbs. Now, more than a century after Ford began building the Model T, the car industry is again seeing great disruption, with the likes of driverless cars and the sharing economy setting the stage for another revolution with accompanying social and economic changes. Until recently, most changes and developments in the automobile industry revolved...

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