About the Israeli Industrial IoT (IIIoT) Forum
The Israeli Industrial IoT Forum was created in order to promote the industrial field in the Israeli high-tech eco-system, to support the activity of startups in this field, and to help multinational corporates in collaborating with local companies.
In 2011, German professor and businessman Henning Kagerman introduced the term Industry 4.0 to define the next industrial revolution: digitalizing industrial processes by adding smart sensors and robotics in order to create automated cyber physical industrial systems. The term Industrial Internet of Things (IIoT) quickly became the leading buzzword to describe the technological trend. And like all technological trends, it quickly made its way to Israel.
Over the past few years, with a blooming IIoT start-ups scene and more than 50 international companies expanding their scouting, integration and R&D teams in the country, Israel is rapidly becoming the engine that drives the global IIoT industry.
Grove Ventures, a leading Israeli venture fund, together with Start-Up Nation Central, conducted a comprehensive research mapping more than a hundred local startups which operate in the Industry 4.0 ecosystem.
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