Israel Innovation 2.0

Inside Israeli Technology

Browsing Posts published by Lisa Damast

SNI-2.JPGThe week of November 30, 2008 showed that (some) companies are still being funded, information security is still important and why Israelis are good at sales. For these stories and more, check below for this week’s 16 Israel-related technology headlines.

Cleantech
1. “Israel’s Cleantech Predicted to Reach Legendary Status” by Minnesota Environmental Expert

2. Oree Raises $4M for Flexible LEDs

Investments and Economy
3. San Jose chipmaker gets $52M

4. Israel’s silicon valley seeks NIS 500 million state investment

5. US and Israel cooperate on new Beersheva tech park

6. The Tumult Reaches Israel’s Markets

Information Technology
7. Trusteer offers up malware search tool

8. Spartan Stores Deploys Retalix Dock Scheduling Solution

9. Organised e-crime demands pro-active defences

10. Commtouch in Top 50 Fastest Growing EMEA Technology Companies

Mobile
11. Mobile start-ups thrive in Israel

12. Facebook Messaging on Over One Billion Devices (Emoze)

Miscellaneous
13. Shalom, Christmas Shoppers: Israelis Sell Cosmetics, Toys at the Mall

14. Indo-Israeli trade ties the real target

15. Iran executes IT expert who spied for Israel

16. Don’t Want To Use Pre-Installed Microsoft Windows? Sue Dell

About the author: Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.
*About the Weekly Headlines image: The Star of David in the image was found on Flickr and is used under the Creative Commons license. It was originally uploaded by Flickr member, zeevveez. The overall Weekly Headlines image was designed by Lisa Damast.

**The following relates to the enterprise but is not directly related to technology companies or people in Israel.**

Trusteer_logo.jpg

Every so often I like to share my thoughts on Facebook’s future and where I think it is going in regards to the enterprise and in general. My biggest prediction in the past has been that in the race to gather the world’s information, Facebook and Google are at opposite ends of the information spectrum when it comes to social and computerized gathering and are bound to clash at some point. In light of Facebook’s recent failed attempt to buy Twitter, here are three things Facebook is likely to do or should do in the future based on this recent and other not so recent news.

1. Enhanced human-powered search, via Twitter-style comments and features
As mentioned, the inspiration for this post is that in recent days there has been talk of Facebook’s failed attempt to purchase the social networking/micro-blogging site Twitter in exchange for stock options. The exact plans Facebook had for integrating Twitter, which is primarily used by business and technology professionals to communicate with one another and who commonly share links to relevant information on the Web, may be unknown, but it is safe to assume that Facebook would have somehow integrated the rest of the technology into its status feature (which currently only enables users to comment on them). Twitter’s appeal is that being a site that relies on user interactions and content, it is the ultimate way to share information and help people find useful information on the Internet.

Regardless of the failed deal, it seems that Facebook will continue to develop Twitter-like technology on its own and roll it out as soon as it can. As it already has the status feature, and comment feature, its first focus will probably be to add a way to search your own past statuses as well as those of your friends.

2. Enterprise-friendly collaboration. Goodbye GMail.
Ever since companies started creating networks on Facebook, I’ve been waiting for Facebook to announce its creation or plans for creating a special platform for enterprises. The platform could serve as a low cost intranet system for companies and allow for better collaboration and communication among employees within such companies. If Facebook changed its messaging system into a full email application it would already have the other communication means, such as chat and video chat apps available to make collaboration easier and possibly a little more fun.

Also, if Facebook wanted to take GMail straight on, it could partner with Microsoft (who it partners with for search results and advertising) and develop an online version of MS Office that it could offer on its enterprise platform for collaboration. Of course, back in October 2008, co-founder, Dustin Moskovitz and colleague Justin Rosenstein left the company with the desire to build an online “enterprise productivity suite” that will from the outside (using Facebook Connect) complement the non-work-related social aspect of Facebook.

3. Calendar
Who doesn’t like Facebook’s events feature? It’s easy to create, access and share. Most important though is the access. Unlike Google Calendar or other calendar applications, the events are integrated throughout Facebook making it easy to access from the search bar or when you’re on the homepage after signing in to see what upcoming events there are for that day and the next few. While it is great the way it is, Facebook Events can still be improved to act as a full personal planner by making it possible to synchronize non-Facebook events with Facebook as well. Perhaps one way this could be done is with an “Share to Facebook Events” widget that could be placed on other websites.

What do you think? Agree? Disagree?

About the author: Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.

Trusteer_logo.jpgTrusteer, an Israeli security vendor, announced earlier today the availability of a free tool that allows banks to find out which malware variants and Trojans are targeting their websites and customers.

According to the announcement, the tool, called the Trusteer Attack Trace search engine, is available at http://www.trusteer.com/FIsearch/open_search.php, and

“allows IT professionals to submit their organization’s web address and see a list of malware configuration files that are designed to commit fraud against their brand. By typing their URL address into the Attack Trace search engine, users get a glimpse into the cross section of malware that is specifically aimed at their website and what the code is written to accomplish. The Trusteer Attack Trace search engine searches for leading Trojans and other attack codes including Torpig/Sinowal, WSNPOEM, and NetHell.”

In addition, Israel Innovation 2.0 has obtained a list of some of the Attack Trace engine’s findings so far:

– The typical malware configuration file targets around 500 financial institutions

– Big banks such as Bank of America, Citibank, and Wells Fargo and targeted by virtually all malware variants in the engine.

– International websites for known banks such as Citibank.de (Germany), ingdirect.es (Spain), barclays.pt (Portugal), and hsbc.fr (France) are extremely popular targets.

– Small local banks such as ledyardbank.com, sunflowerbank.com, and anchornetbank.com are favorite targets of many malware variants.

– Credit Unions such as, airforcefcu, ocfcu.org, redfcu.org, and teachersfcu.org are strongly targeted by various malware

– Torpig/Sinowal targets the most number of credit unions (hundreds)



About the author: Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.

SNI-2.JPGMost news from the week of November 23, 2008 was dwarfed by the terrorist attacks that took place in Mumbai, India. The Israel-related technology headlines that did make it through included skepticism for Shai Agassi’s electric car company, Better Place, Magic Software’s new platform application and Israel’s latest Web 2.0 entrant, wePapers.com. For these headlines and more, check out this week’s 12 below.

Cleantech and Environment
Investments and Economy

Information Technology
Miscellaneous

About the author: Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.
*About the Weekly Headlines image: The Star of David in the image was found on Flickr and is used under the Creative Commons license. It was originally uploaded by Flickr member,zeevveez. The overall Weekly Headlines image was designed by Lisa Damast.

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Magic Software Enterprises, Ltd., a provider of application platforms and business and process integration solutions, has released uniPaaS, its flagship application platform. The platform, which includes a .NET rich internet client, is designed to allow organizations to develop and deploy applications in approximately one-fifth of the time and effort it takes other technologies and is best suited for mobile, field service, supply chain and vertical business applications.

uniPaaS version 1.5 is Magic Software’s first Rich Internet Application (RIS) and SaaS Enabled Application Platform (SEAP). Some features and benefits include:

  • uniPaaS features a single development paradigm that automatically handles the Client and Server partitioning. With no need to follow distinct Client and Server paradigms and no need to explicitly install Client-side software, total cost of ownership is greatly reduced.
  • uniPaaS can deploy in multiple modes – on-premise as well as on-demand. Users can move smoothly between RIA and Client/Server without re-writing their application.
  • Magic Software application owners and ISVs can extend their service and product offerings to include RIA and SaaS deployment, while significantly lowering their application maintenance and delivery costs.
  • ISV’s and Enterprises new to Magic Software can implement their applications on a single platform while supporting both Client/Server and Web based deployments, significantly reducing their investment for moving to RIA.

Company Facts
Founded in 1986.

Headquarters in Or Yehuda, Israel.

Products: uniPaaS (application platform) and iBOLT (business integration).

Website: www.magicsoftware.com.

Related ITGumbo content:
Company in Focus: Magic Software Enterprises Ltd
VeNotion Technologies and Software AG sign agreement

About the author: Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.

SNI-2.JPGFeatured during the week of November 16, 2008 were news of Michigan’s governor signing a water technology partnership agreement with Israel and news that Israel’s current drought is the worst its been in over 100 years. Security firm, Finjan announced that it raised $22 million and AOMi partnered with Cordys. Contradicting stories on the state of the Israel’s hi-tech sector from the Jerusalem Post and BusinessWeek also made the headlines. For these stories and more check out the headlines below.

Cleantech and Environment
1. Israel Facing Worst Water Crisis in More Than 100 Years

2. Mich. governor signs water technologies agreement

3. A Better Place In The San Francisco Bay Area

Investments and deals
4. AOMi Partners with Cordys to Enhance SaaS Business Model

5. ColdSpark Integrates Commtouch Messaging Security Suite into Mail Platform for Large Enterprises

6. Security firm Finjan raises $22 million

7. Boxee Raised $4M today

8. Taboola Funded for Video Recommendation Engine

Information Technology
9. Voltaire Powers World’s Largest Windows Supercomputer

10. HP and N-trig Deliver Innovative Hands-On Computing

11. WorkLight Helps Retail Banks Gain Edge by Embracing Secure Web 2.0

Miscellaneous
12. MSN Israel reborn

13. Infima Tech Introduces JPACK Compression Solution

14. Hard Times Hit Israel’s Tech Sector

15. US to lower Israeli airport’s safety ranking

16. Despite the tough times, Israel’s high-tech sector thrives

About the author:Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.

*About the Weekly Headlines image: The Star of David in the image was found on Flickr and is used under the Creative Commons license. It was originally uploaded by Flickr member,zeevveez. The overall Weekly Headlines image was designed by Lisa Damast.

SNI-2.JPG

During the week of November 9, 2008, the Israel cleantech tour in the US began and CA announced its plans to buy Eurekify. On the funding side, Convergin secured $10 million from Pitango Venture Capital and Odysii introduced its marketing intelligence software to U.S. banks. Benjamin “Bibi” Netanyahu, the former Prime Minister and Foreign Minister of Israel who is running in the upcoming elections in February, received attention from the New York Times for the intentional strong similarity of his website and strategy to that of the U.S. president-elect, Barack Obama. Of course the biggest news in Israel was that former hi-tech businessman, Nir Barkat was elected to be the next mayor of Jerusalem. For more on these stories and the rest of the 17 Israel-related technology headlines from the weeks of November 9, 2008, check the list below.

Cleantech and Environment

1. Israel clean tech tour begins Monday

Investments, M&A and the Economy

3. CA to buy Eurekify

Information Technology

7. Odysii Introduces Its Leading Marketing Intelligence Software to U.S. Banks

Miscellaneous

12. Move Over, Napa: Boutique Wines from Israel are Making a U.S. Debut

17. Barkat promises to be mayor of all J’lem residents

About the author: Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.

*About the Weekly Headlines image: The Star of David in the image was found on Flickr and is used under the Creative Commons license. It was originally uploaded by Flickr member,zeevveez. The overall Weekly Headlines image was designed by Lisa Damast.

safend_logo.JPGIsraeli data leakage protection company, Safend, has released a set of tips for how companies can keep their data safe during the Holiday season and long after. Tips include:

  • Employ a Sound Auditing Process: Portable storage devices such as
    iPods, PDAs, smart phones and other mobile devices, have become pervasive
    in the workplace. Allowing your employees to use their iPods at work may
    be a good way to increase morale but it also poses a security threat.
    Knowing what devices are connecting to what endpoints will help
    administrators monitor and avoid these threats. Determining what kind —
    and how many — devices are accessing an organization’s network is the
    first step in developing an effective DLP strategy
  • Access Control: To make sure that users cannot easily circumvent
    security policies, it is important to first make sure the policies in place
    are flexible enough that they don’t hinder productivity, but strong enough
    to prevent data leakage threats. This is accomplished through granular
    policies that allow administrators to block, allow or restrict access to
    data from everything from file type, device type and even specific device
    serial number.
  • Encrypt Everything: Many enterprises feel that they have covered all
    their security bases with the implementation of security policies, employee
    training and endpoint protection technology and are reluctant to invest in
    another product or add another level of security. However, encryption is
    essential to ensure that unauthorized users cannot access data in the case
    of loss or theft.

Earlier this month Deloitte listed Safend as one Israel’s 50 fastest growing technology companies based on its revenues from the past 5 years. Safend’s products include: SafendProtector, SafendEncryptor and SafendReporter.

Another Israeli information security company, Promisec Ltd., was recently covered on Israel Innovation 2.0 for a video it posted on YouTube that also raises these points.

About the author: Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.

SNI-2.JPGThe week of November 2, 2008 was filled with conferences and awards. Deloitte announced the 50 fastest-growing high-tech companies in Israel for the year 2008 with Runcom taking the top honor and last year’s top company, Voltiare coming in second place. On Monday, at the Globes and Ernst & Young Israel Journey ’08, Amobee was named Globes “Start-up of the Year.” Companies in the Top 10 that have been covered in Israel Innovation 2.0 in the past include, Aternity, Inforgin and N-Trig. Also making headlines was SportVu, which provided the hologram technology that CNN used on Election Day in the United States and iSkoot, which raised $19 million. For the links to these stories and the rest of this week’s 14 Israel-related technology headlines, scroll down.

Cleantech
1. Electric cars of the future at the Web 2.0 Summit

Investments and the Economy
2. Downturn-Busting Venture Round For iSkoot: $19 Million

3. Pawlenty’s Israel trade trip takes shape

4. Central bank chief says Israeli economy resilient

5. Top 8 Creative Ideas For Startups To Triumph Over the Current Economic Downturn

Information Technology
6. Red Bend Software Earns MobileVillage’s Mobile Star Award

7. Runcom Technologies Ranked First Place in the Deloitte “Fast 50” Program for Fast-Growing High-Tech Companies

8. Tufin Technologies Moves Beyond Firewall Auditing to Support Cisco Routers and Switches

9. Aternity Named To Annual Top 10 List of Most Promising Startups

10. N-trig Offers Suite of Multi-Touch Solutions for Windows 7

Miscellaneous
11. XIV head Yanai named most influential figure in high tech

12. CNN’s ‘Hologram’ Shows How Far TV Has Come

13. Agent Vi Announces Launch of Video Content Analysis for Digital Media Processors Based on DaVinci(TM) Technology

14. ANALYSIS / Obama will star in Israel’s election campaigns

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Caption: Panel discussion at the Ernst and Young and Globes Israel Journey ’08, titled “Digital media – trends, developments and future outlook,” with moderator, Michael Eisenberg (far right). Panelists from right to left after Michael Eisenberg: Shmil Levy (Sequoia Capital), Tomer Ben-Kiki (Oberon Media), Guy Bauman (Pelephone Communication)Uri Shinar (aniBoom), Peter Hirshberg (Technorati).

About the author: Lisa Damast is the Membership
Manager of ebizQ.net and currently resides in Israel. Any questions or
inquiries regarding this blog or ebizQ membership services can be
directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.

*About
the Weekly Headlines image: The Star of David in the image was found on
Flickr and is used under the Creative Commons license. It was
originally uploaded by Flickr member, zeevveez.
The overall Weekly Headlines image was designed by Lisa Damast.

The 12th annual Israel Journey took place yesterday in Tel Aviv. Organized by Ernst & Young and Globes, the conference provided VCs, investors, entrepreneurs and others in the industry with an update on the current economy and what is likely still to come during the different sessions.

Pessimism and optimism were discouraged throughout the event and realism was preached – a reality that the keynote speaker, Harry S. Dent explained would be grim not for 2009, but for the time period after that. Dent, a renowned economist and writer, illustrated through his trademark heavy use of charts how the best indicators for what will happen to the economy in the next few years and over a much longer period of time comes from lifecycle spending charts and the birth index, among others. While it provides some comfort to understand why there is a slowdown and that things will eventually pick up, the time frame that Dent gave, 2020-2020, extends the period longer than expected and marks 2010-2012 as likely to resemble a depression.

After the darkness of a depression and the 2010s in general though, Dent showed charts on innovation predictions and predicted that if Israel, which has been an innovation hotbed in recent years and has a positive population growth chart, plays its cards right, it can come out of a worldwide economic downturn ahead of the other developing countries. While A LOT needs to happen and not to happen for that to be a
reality, Israel’s innovation and leadership in such areas as robotics,
nanotech and cleantech, makes it a relatively strong possibility.

Whether or not Dent’s forecasts turn out to be true, it’s almost certain that there will be a light at the end of the tunnel for many of Israel’s innovative companies, even if Israel won’t come out on top.

What do you think? Share your thoughts in the comments below.

About the author: Lisa Damast is the Membership
Manager of ebizQ.net and currently resides in Israel. Any questions or
inquiries regarding this blog or ebizQ membership services can be
directed to her via email at ldamast (at) ebizq (dot) net. She can also be followed on Twitter, where she covers additional Israeli technology companies and Israel-related headlines and topics.