The Internet of Things (IoT) has emerged as a popular technology
buzzword in the last decade. As with many such phrases, it has
garnered widespread usage with little understanding of what it
actually signifies. Far from meaningless terminology, though, IoT
already pervades the consumer marketplace, and growth opportunities
abound. Israel's sophisticated tech sector provides fertile
ground for continued expansion in IoT investment and
What is the Internet of Things?
In simple terms, IoT consists of objects with the ability to
collect, process, and share data across the Internet. Items like the Fitbit and home
security monitoring systems are examples. Currently, software and
apps hold almost 80 percent of this market. This leaves room for
hardware and platforms to explode in the coming years, particularly
in areas like healthcare, consumer electronics, and security.
Israel's Emergence in IoT Technology
Further technology development in many sectors focuses
on ways to further connect you to the world in which you live.
Emerging trends in this area must balance people's interest in
privacy with their desire to participate in the growing
connectedness of the world. Health information, for instance, now
moves online among providers and patients to monitor biometrics,
prescription schedules, and a myriad of other markers to track
healthcare. The technology opens doors, but also must prevent those
doors from opening to anyone but those for whom the information is
This delicate balance makes Israel a logical world leader in the
IoT arena. The country has long been a leader in both general
technology and online security innovation. Its national demands for
security, and its intense investment in technology development
training, as well as the inherent inclination of Israeli
entrepreneurs to seek the next big thing, have been a boon for
local startups and foreign investors seeking paths for sensible
To take advantage of the sophistication Israel offers in IoT
development, you need experience and knowledge in the legal,
regulatory, and geopolitical landscape for doing business in the
Originally published August 9, 2016
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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