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Israeli companies add to Vivatech buzz

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Led by Yossi Dan from the Israel-France Chamber of Commerce, a delegation of some twenty Israeli startups and numerous traders arrived in this article at Vivatech, the greatest superior tech exhibit in Europe, and never stopped functioning from one rendezvous to the next in the enormous hall (air-conditioned for the initially time) at the Porte de Versailles. Put together by Maurice Lévy, chairman of the board of promoting large Publicis Groupe, along with the Les Echoes press team, Vivatech this yr took location in a pretty tense political context, specially with the Russian invasion of Ukraine. But on the floor of the corridor, among the hundreds of crowded, colorful and loud firm, regional and nation stands and pavilions, there was no time for politics, including for the Israeli delegation.

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

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Products VP of Parknav, Simon Arazi, swiftly spelled out that there are numerous startups using actual time data to assistance persons come across parking places in cities, but that “obtaining only genuine time day is ineffective. Our technique is centered on studies improved with genuine-time data,” he ongoing, “and tells the user the proportion of prospects of getting a spot in a particular area.” Arazi stated that some 150 towns in Europe and the States are using the Parknav know-how.

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Upcoming to Arazi on the podium stood Dvir Kenig, head of the ITC startup, Clever Traffic Command. “We are enablers,” he discussed, “supporting municipalities to reduce traffic jams by regulating lights at intersections.” On a tablet laptop, he confirmed me a traffic jam in Tel Aviv with tiny bars on license plates to keep entrepreneurs nameless. “We are linked to cameras regulating the lights,” he continued.

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ITC has shoppers in Israel, the US, Luxembourg, and a job in Brazil. But aren’t towns striving to reduce automobile targeted visitors? Of course, but towns will always have far too a great deal car or truck and truck targeted traffic, the two winners agreed.

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Also in the delegation was Yaron Golgher, head of I Know Very first. It presents synthetic intelligence-dependent algorithmic forecasting options to make stock market predictions and day-to-day forecasts in extra than 50 world-wide marketplaces. By now featured on Israel’s television channel 13 and i24 Information, I Know First has received an award for greatest global monetary technologies startup at the Geneva Wealthtech Discussion board.

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The algorithm was initially developed for the chemical business by lover Dr. Lipa Roitman, from Russia, who researched in Novosibirsk Point out College in Siberia and the Weizmann Institute of Science. Golgher termed him, “a genius, the smartest individual I have at any time met.”

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He included, “and just as we never contact our clients’ money, he and I do not speak politics.”

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Golgher mentioned that the algorithm was pointing to price tag hikes and shortages in the electricity, mining and food stuff sectors in October 2021 in advance of the war in Ukraine began, that means “the craze from this war was predictable.” Has this presented an prospect for traders? “I am not at all cozy with calling cost hikes and shortages for lots of people an possibility for a number of buyers,” he answered.

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Also in the delegation, Yotam Hechtlinger, head of exists.ai, which is in the early phase of enhancement of 3D sites. “Engineering has attained the phase wherever we can build breathtaking web sites that will attractiveness to people and businesses, not just gamers,” he mentioned.

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Exists.ai has purchasers in Israel and the US, he pointed out, and hopes to broaden into France. He is generating a platform to make 3D web sites an internet commodity. “This engineering can assist make the planet a superior location,” he famous, “not just for online video game titles but to enrich the world wide web, to give more facts, to address challenges.”

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Hechtlinger commented, “Yossi and the chambers of commerce did a fantastic job of introducing us to men and women below at Vivatech. We have a pair of potential customers from this present. Now we have to carry on generating sound about our item.”

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In truth, startuppers built their way by hundreds of guests to go to a very good selection of French stands: LVMH (luxury brands), Paris Region, RATP (community transport) AXA (insurance policy), Bouygues, Orange, ENGIE (power), BNP Paribas Michelin and JC Decaux, for case in point.

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A particular notice on Jacob Makhtabi and his uncooked, fingers-on industrial French-Israeli startup, Hydro-ecotech. His patented innovation takes advantage of decomposed, demineralized water, in which hydrogen and oxygen molecules have been separated by electrical present-day, to clean up carbon deposits (gasoline and oil) from car or truck motor partitions and their elements (cylinders, pistons and valves). Now that is a mouthful, or instead a truck and bus-whole!!

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“An motor that is not cleaned calls for greater gas consumption and ultimately have to be immobilized, and its elements replaced, which is quite expensive,” he spelled out in French. (He also speaks fluent Hebrew, and some Arabic and Farsi, but no English.) “Ours is a revolutionary method for the industrial entire world, as we can cleanse two buses or trucks a working day, whilst recent procedures consider two times per car if the cleansing is even completed,” he included. He presently has municipal transportation purchasers in Marseilles, his property town, the RATP, and a number of rubbish truck companies.

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Back to the strategy of “Tech for Excellent”, the slogan of Vivatech many decades back (in advance of the hall was air-conditioned). What about now? Vivatech founder Maurice Levy explained to Globes, “Tech for good is now critical. Mankind’s genius has systematically aided destroy the ecosystem, with overcrowded towns, bad transportation, pollution, forest destruction, and carbon emissions. With technology, we can use that genius to reduce voracious electrical power use, establish clean tech and new energies, and to better wellness and training. Tech for great is the avenue for the long run.”

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Maurice Levy then took the phase with Makhtar Diop, head of the Worldwide Finance Corp, a department of the Planet Financial institution, to open up the Africa Tech Awards session, saying finalists in three locations: well being, fintech and local weather-tech.

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“We are below to fix challenges,” Levy informed the crowd in the not pretty complete Phase A single arena. “And Africa has no time to squander,” added Diop, a former Senegalese finance minister, arguably the most high-degree official from the African continent at the show.”

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Doaa Aref and Dr. Rasha Rady, founders of Chefaa, a pharmacy delivery platform from Cairo, Egypt, ended up handed the health and fitness tech award. A youthful guy sitting future to me and considerably from dwelling, Luke Shankland from South Africa, whose Aviro Wellbeing startup performs digitalized, automated wellness screening, graciously commented, “they deserved to earn.”

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He added that “support for Africa does appear from the West but normally with strings attached. And big American organizations are hiring absent substantially of the major talent in African international locations.” He recurring what Makhtar Diop experienced just explained on phase, “African billionaires need to make investments additional in know-how.”

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Subsequent, a political condition in which Israel finds alone concerned on both of those 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 firms to devote in “a digital land lease in the wrestle for democracy towards an empire, to reconstruct the Ukraine. Make sure you guidance the Ukraine until eventually victory,” he told the Stage Just one crowd, in an deal with coordinated with tech exhibits in Dublin, Zurich and London.

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“Ukraine warrants this gathering,” Maurice Levy informed the group, without having mentioning the phrase Russia. “They have to have us and we want to support them.” It is very abnormal for a standing president to use a hologram and avatar, but this was Vivatech.

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Maurice Levy informed Globes, “it is as well early to see extensive expression repercussions from the war in Ukraine, alongside with the situation with China, but technological innovation need to find remedies to what I believe will be the conclude of globalization as we have recognised it with totally free and open up markets. I see two major trends: inflation for the future 12 to 18 months, with higher fascination premiums and the close of low-priced revenue, and the repatriation of output.”

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And the subsequent day, French President Macron, just back again from Kiev, was on phase. “The European know-how ecosystem can bring a lot assist to the Ukrainians, who are battling for their independence,” he advised the gathering.

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Macron promised a lot more public and personal expense in technology in France and Europe, as effectively as in significant tech instruction and education and learning, commencing at the middle university degree, to satisfy significant problems in well being, climate, and to offer a much better everyday living for all.

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And Israeli startups have a job to participate in in this tech for great, immediately after what all current agreed was quite optimistic participation in Vivatech, with substantially required assistance from each chambers of commerce in Tel Aviv and Paris.

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In accordance to Vivatech, 91,000 readers attended the show at la Porte de Versailles, and there were being 300,000 visits on the web.

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

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

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