Maniv Blog: Understanding business model disruption in the mobility industry
Growing Elderly Population Creates New Opportunities for Technology
Glowing like a table lamp, a robotic assistant called ElliQ turns its cylindrical head and asks, “Do you want to play a game of bridge?”
Investors are betting this prototype of a robot, unveiled by Israeli startup Intuition Robotics Inc. on Wednesday, can help elderly people navigate complicated technology. Blending a voice-activated home assistant and a screen, ElliQ aims to make it easier for seniors to communicate with friends and family, play games like bridge, arrange rides or set reminders to take pills.
Even if self-driving cars aren’t part of our daily lives yet, vehicles are becoming internet-connected at a rapid pace.
Gartner predicts that one-fifth of all autos on the road, and a great majority of new vehicles being produced worldwide, will have wireless network connectivity by 2020. Yet, few organizations have access to use the data generated by these vehicles today.
That’s where Otonomo, a startup based in Herzliya, Israel comes in.
Driverless cars, like professional baseball players, need outstanding sight to perform properly. Oryx Vision, a tech startup emerging from self-imposed "stealth" mode, thinks it has the optical upgrade automakers are looking for.
The small Israeli company has completed its first major round of fundraising as it works to commercialize optical depth-sensing technology created specifically for autonomous vehicles. The company says its "nano antenna" sensors will have 50-times better performance and cost much less than LiDAR technology, as well as automotive vision systems already on the market including radar and camera-based sensors.
Understandably, most people working on autonomous vehicles are very focused on things like getting the cars to avoid running into stuff. And in general, this is something that autonomous cars have gotten very good at—especially on highways and in other areas where they don't have to worry about unpredictable humans running around and making their thinking more complicated and difficult.
Drive.ai is one of a small handful of startups pushing for rapid commercialization of autonomous driving technology. It came out of stealth mode back in April, and IEEE Spectrum wrote about its top-to-bottom deep learning approach to the problem. Today, Drive.ai is “officially emerging from stealth” (whatever that means), and we've learned a bit more about what the company is working on. Drive.ai is touting a retrofit kit for business fleets that can imbue existing vehicles with full autonomy. But uniquely, it includes an HRI (human-robot interaction) component in the form of a big display that lets the car communicate directly with people. At first glance, something like this may seem like a novelty, but it's a feature that autonomous cars desperately need.
Here’s what we learned after 8 million miles.
After launching Nexar on the App Store 6 months ago, we saw larger adoption than expected. Drivers everywhere are eager to have for more pertinent information that makes their driving safer, and more protection in case of a crash.
In the last six months we have assisted 117 drivers that were involved in collisions and crashes. We provided each of these drivers with Nexar’s Collision Reconstruction Report.
BMW just launched a new car-sharing service called ReachNow that will enable Seattle residents to access 400 cars that they can pick up and drop off pretty much wherever they like, as long as that’s not on the outskirts of town. Eventually, the idea is to expand into cities nationwide.
What’s perhaps most interesting about this new ReachNow initiative is how BMW is getting it up and running: through a partnership with RideCell, a San Francisco-based company whose software serves as a kind of high-tech traffic controller
Since news of GM’s $500M investment in Lyft broke, there has been significant speculation about whether this is an “undeniably clever” strategy or a sophisticated way to pour money down the drain. Almost all of this attention has focused on the two companies’ long term promise to build out a “network of on-demand self-driving vehicles.” But the real story isn’t about their ability to create autonomous technology, but rather what the on-demand present can already start teaching GM about building cars for an autonomous world.
Thirteen delegates today concluded a whirlwind tour of Israel's newest innovation sector, described as "new mobility tech," by the sponsor of the trip, Maniv Mobility.
"Marc Andreessen pointed out that software is eating the automotive industry, moving much of the value chain in mobility from the domain of Detroit to that of Silicon Valley," said Maniv Managing Director Michael Granoff. "Historically when a wave of innovation catches on in California, Israel is not far behind. This visit vividly demonstrated that the mobility tech wave – effectively the digitalization of transportation -- has already arrived here in Israel."
For a century car production has required such enormous industrial scale that it inevitably gravitated to just a few global centers – Southeast Michigan, Southern Germany and Eastern Japan. But as in so many areas of human endeavor, technology is changing a long-entrenched state of affairs, opening up opportunities for new regions to contribute significantly to the lucrative automotive supply chain. For no country is that opportunity bigger than Israel.
Recent life-changing innovations have conditioned us to rapid change. But one universal element of daily life has remained stubbornly stagnant: revolutionary advances in transportation are few and far between. It’s been 200 years since the introduction of mechanized rail, and 100 since cars became mainstream. Now we are on the threshold of another great change.