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IATI - Israel Advanced Technology Industries
IATI - Israel Advanced Technology Industries
IATI News & Events Daily Industry News Next Silicon Valleys: What makes Israel a start-up nation?

Next Silicon Valleys: What makes Israel a start-up nation?

Feb. 10, 2014

For more than 70 years, the area now known as Silicon Valley has pumped out one world-changing company after another. Now, other areas are aiming to replicate its success with their own revolutionary technologies. In the first in a new series, Rory Cellan-Jones visits Israel to discover how the so-called "start-up nation" has emerged as one of the front-runners:

In her cramped Tel Aviv apartment Lia Kislev and her team are hard at work on a site they believe can be the latest Israeli start-up to wow the world.

"Last year $2.2bn [£1.3bn] was invested in 650 Israeli start-ups," says Jonathan Medved, a Jerusalem-based serial entrepreneur who has been putting his money into hi-tech firms here for more than three decades.

It is not just web firms where Israel is strong, it has plenty of world class technology in sectors ranging from cybersecurity to clean energy.

Eyesight, located in the hi-tech Tel Aviv suburb of Herzliya, is one example.

In an impressive demo, I was shown how to swipe through a presentation or click on a link by waving my hand or crooking my finger.

In the hunt for new ways to interact with computers, its gesture recognition software has won it deals with hardware manufacturers like Toshiba and Lenovo.

For the full feature story on BBC News click here.


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