Japanese technologists and manufacturers note that Israel is highly focused on technology and innovation. Per capita R&D spending and venture capital investment is among the highest anywhere.
Some of the key technology fields:
The Israeli cyber security sector attracted more than $1 billion in private investments in 2018, a 22% increase over 2017. This sector has become the second richest cyber ecosystem globally after the USA.
Israel’s IOT activity is taking the lead in developing IOT solutions for many different applications. In the dynamic IT environment there’s a massive focus towards Internet-related projects.
Israel water tech is extraordinary. This country manages to make the most from the water that surrounds it – rainwater, reused water and sea water. Israel is also working to assist its neighbors.
For decades, Israel has led the way in Agrifood-Tech innovations – in crops, livestock and marine life. This energy to keep looking for new paths to sustainability has inspired many other nations to benefit from Israel’s innovations.
Israel’s Fintech industry has become a leader in financial innovation, with skills that include cybersecurity, big data analytics and AI. The local Fintech community is very active internationally.
Many Japanese companies visiting Israel for ‘innovation search’ would like to meet start-ups. Maybe one can make a difference for them? Here is an objective look at the Israeli start-up environment.