The Future Is Already Happening

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There are certain companies which we have no clue about who are already making waves and will be household names within the next 5 years or less. Israel has become the new technological hub with many start ups making huge differences across the world.

I have mentioned the likes of StoreDot before as a company making huge strides in the Electric Vehicle Industry. They are an Israeli start up that has been working on battery technology for over 10 years.

The aim is to reduce the charge time plus allow the range of the battery life to increase. 5 weeks ago they demonstrated in front of a live audience a 5 minute 100 mile charge. These batteries are set to launch into the market for 2024 with an even more reduced charge time and longer range. 2030 the target is to have a 2 minute charge time which will make the EV a mass market option.

Israel doesn't have their own motor industry but the number of technology companies that have started up has exploded. This is good news as these companies are transforming various industries at a rapid pace.

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One such company is 3D Signals which transforms factories with outdated machinery in to the new age. They have enabled factories to transform into modern digital smart factories without having to replace their machinery. This boosts production and makes them more energy efficient reducing their Carbon footprint. This is music to shareholders ears as this means more profit.

The factory production information is sent to a cloud via sensors allowing production managers to read the data and tweak their machines. The savings is not just with energy consumption but the
downtime that is now not lost with results showing an increase in production of over 30% wherever they have 3D Signals set up.

Not surprisingly 3D Signals is in huge demand and the companies growth is set to expand at over 400% year on year. The idea that factories need to modernise by having to purchase modern equipment has been thrown out the window by the technology that has been already developed. This is all through Artificial intelligence and these factories with 3D Signals continue to improve their stats all the time as they are constantly changing.

We can all see where this is heading as human involvement is going to be limited. The growth for this industry is huge as 90% of the 64 million factory machines around the world are pre digital. This solves many problems and creates new ones for the work forces.

It won't be long before these two companies are spoken about and everyone will know their names. The world is changing at a rapid pace and it is the technology that is leading the way.

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