Nitin mixing digital presentation 11 09-12 nd

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Nitin mixing digital presentation 11 09-12 nd

  1. 1. The UK-Israel digital & tech opportunity 12/09/2012 1
  2. 2. The UK-Israel digital & tech opportunity Nitin Dahad 12 September 2012The UK-Israel digital & tech opportunity 12/09/2012 2
  3. 3. Agenda • Introduction to UKTI and its services • Brief overview of Israeli digital/tech environment • The UK and Israel • How UKTI can help • SummaryThe UK-Israel digital & tech opportunity 12/09/2012 3
  4. 4. INTRODUCTION TO UKTIThe UK-Israel digital & tech opportunity 12/09/2012 4
  5. 5. The role of UK Trade & Investment • Dedicated to helping UK exporters in global markets • Provide expert trade advice and practical support to UK-based companies • 2,400 staff in 96 countries, ensuring support every step of the journey • Support for participation at selected trade fairs • Sector based outward missions to key markets • Bespoke market intelligence, market reports • Last year UKTI helped 25,000 UK companies improve overseas performance • £30bn additional sales generated through UKTI support in 2011/12 • 90% of companies supported are SMEs, and 2/3 have less than 50 staffThe UK-Israel digital & tech opportunity 12/09/2012 5
  6. 6. UK Trade & Investment – also supporting inward investors • UKTI also supports foreign companies looking to invest or locate in the UK • The UK is the number one for headquarter operations in Europe • In 2010/11, UKTI was involved in some 849 inward investment projects • 3,200+ companies increased UK R&D activity as a result of UKTI support • In 2009/10, R&D investment into the UK increased by 36% over 2008/09 • Some selected UK facts: – UK is world‟s second largest exporter of TV programmes – UK has the top four universities in Europe – London is the world capital wi-fi hotspot useThe UK-Israel digital & tech opportunity 12/09/2012 6
  7. 7. A range of services to support export and overseas growth ambitions • Passport to Export – Planning advice and support for new and inexperienced exporters • Gateway to Global Growth – Strategic review, planning and support for experienced exporters • Overseas Market Introduction Service – Tailored market and industry information and identifying potential contacts; or assist in planning an event in marketThe UK-Israel digital & tech opportunity 12/09/2012 7
  8. 8. A range of services to support export and overseas growth ambitions • Events and seminars – Sector specific and market-based activities in the UK and all over the world • Trade missions – Helping UK companies to visit a market of interest and have face-to-face contact with prospective business partners and buyers • High Value Opportunities programme – Proactively identifying global supply chain opportunities around the world in major projectsThe UK-Israel digital & tech opportunity 12/09/2012 8
  9. 9. ISRAEL DIGITAL/TECH ENVIRONMENTThe UK-Israel digital & tech opportunity 12/09/2012 9
  10. 10. Israel – digitally connectedThe UK-Israel digital & tech opportunity 12/09/2012 Source: http:visual.ly, 2011 10
  11. 11. Israel in the Digital Age 2012 – Google funded study • Google Israel and Mahshsov Institute study: “Israel in the Digital Age 2012” • Over 50% Israeli Internet users use social networking at least once a week • 73% of users age 15-17 use social networking every day • 25% of teenagers age 15-24 writes a blog • 12% of older users writes a new blog post each day • Users age 15-24 spend 20% of Internet surfing time on their mobile phones • 75% of Israeli web surfers watch videos on the internet • One third of Israeli Hebrew speakers only visit Hebrew language sites • Survey sample was 1,200 people of varying demographicsThe UK-Israel digital & tech opportunity 12/09/2012 11
  12. 12. Israel digital/new media sector • Over 1000 new media companies in Israel, active in – Internet applications and services, – e-commerce and marketing – Online advertising, entertainment and video – Search and social networks • These companies play in key areas including: – Broadcast, digital & cable TV, IPTV and satellite services – Content creation, delivery and management – Gaming and new interface solutions in consumer electronicsThe UK-Israel digital & tech opportunity 12/09/2012 12
  13. 13. Technologies developed in Israel • Intel Centrino and Pentium 4 microprocessors • NDS conditional access and DRM systems • USB flash drives (M-Systems) • VoIP invented by founders of VocalTec • AOL Instant Messenger developed by ICQ • Wi-Fi and WiMAX solutions pioneered by Alvarion • Voicemail invented by Comverse Source: The Israel Export & International Cooperation InstituteThe UK-Israel digital & tech opportunity 12/09/2012 13
  14. 14. Multinational companies with R&D facilities in Israel • Intel – one of the first tech investors in Israel in 1974, and now one of the largest private sector and tech employers in Israel with some 8,000 employees • IBM – employs some 2,000 people in Israel • SAP – employing about 800 people in Israel • Siemens – employing about 800 people in Israel • Microsoft – employing about 600 people in Israel • Google – employing about 250 people in Israel • Plus: PayPal, Cisco, Ericsson, HP, IBM and othersThe UK-Israel digital & tech opportunity 12/09/2012 14
  15. 15. Israeli high-tech funds and M&A 2011/2012 • Total Israeli high-tech exits in 2011 totalled $5.23 billion • 85 Israeli high-tech companies were acquired or merged in 2011 • Average deal size of $60m in 2011 • Largest deal in 2011 was, however, ad technology company MediaMind, acquired by DG Inc for $517m • In 2H2012, Israeli high-tech companies raised $453m from venture investors • Key sectors continue to be Internet, software and communications • Latest news: Pitango announced $150m raised as part of $250m fund to invest in Internet and media, mobile apps, data storage and enterprise computing, telecoms, software, semiconductors and renewable energyThe UK-Israel digital & tech opportunity 12/09/2012 15
  16. 16. Israel, the „Start-up Nation‟ • Map connecting and promoting tech community in Israel • Currently lists: – 754 startups – 13 accelerators – 13 R&D centres – 8 Coworking spcs – 19 InvestorsThe UK-Israel digital & tech opportunity 12/09/2012 16
  17. 17. UK AND ISRAELThe UK-Israel digital & tech opportunity 12/09/2012 17
  18. 18. UK and Israel • Bilateral trade is now almost £4 billion: £1.57 billion exports from the UK, and £2.18 billion exports from Israel (2011 figure) • Majority of trade is in pharmaceuticals, machinery, diamonds and technology • The UK is Israel‟s third largest trading partner (Israel-Britain Chamber of Commerce) • Israel is UK‟s largest partner in Near East and North Africa, and its 32nd largest export market worldwide • Israel is among top 20 countries investing in the UKThe UK-Israel digital & tech opportunity 12/09/2012 18
  19. 19. UK-Israel Tech Hub • Launched in October 2011, following agreement between Prime Ministers David Cameron and Benjamin Netanyahu • Objective: to promote economic growth and innovation in the UK and Israel through cooperation between technology companies in both countries • Positioning the UK as a natural partner of choice for Israel in technology • Ensuring UK understands and makes use of Israeli R&D and innovation • Focus of the hub on technology, business and finance collaboration in: – Digital – Life Sciences – CleantechThe UK-Israel digital & tech opportunity 12/09/2012 19
  20. 20. Creating a UK/Israel partnership in technology • UK Israel Tech Hub supported by UK-Israel Tech Council, co-chaired by UK Minister for Universities and Science David Willetts and Israel‟s Chief Scientist Avi Hasson • The Hub defines key sectors where UK/Israel collaboration could be complementary and fruitful • Also aims to identify and bring innovative Israeli technology and R&D to UK- based companies • Positioning the UK in Israel as a centre for technological and services innovation and as a partner of choice for Israeli technology companies • Tying Israeli technology players into UK capital marketsThe UK-Israel digital & tech opportunity 12/09/2012 20
  21. 21. TeXchange – a UK/Israel tech and innovation exchange programme • Launched in August 2012, as an exchange programme between British and Israeli entrepreneurs • First of 3-4 programmes a year to take place on 26-29 November 2012 – Approximately 15 Israeli entrepreneurs will head to UK for a programme of events to meet potential customers, investors and partners • November programme focus is internet companies with solutions in gaming, adtech, mobile, e-commerce, social media, video and more • Future activity will include taking selected groups of British entrepreneurs to Israel with a similar programme to tap in to the power of the Israeli „Start-up Nation‟The UK-Israel digital & tech opportunity 12/09/2012 21
  22. 22. UKTI in Israel • Key sectors of activity for UKTI in Israel are – Creative media, digital – Life sciences – Cleantech – Electronics and electro-optics, and electronics in defence • Most British companies that come to Israel are looking at life sciences • Market opportunity in all other sectors of digital/technology is good • Consider collaborating with local partner for market entry, though not essentialThe UK-Israel digital & tech opportunity 12/09/2012 22
  23. 23. How UKTI Israel can help • For British companies, UKTI Israel offers a range of services to help evaluate the Israeli market, identify contacts, arrange targeted visits and engage with potential partners and customers • For Israeli companies, UKTI helps with advice on setting up a business in the UK, information on locations, finance, recruitment and assistance with finding partners in the UK • There are over 250 Israeli companies with their own operations in the UK • In last 4 years, UKTI Israel has helped 60 Israeli companies to set up in the UK and create more than 1000 new jobsThe UK-Israel digital & tech opportunity 12/09/2012 23
  24. 24. Summary • Israel is a digitally connected market, with a good profile of digital users • Presence of major global tech players + entrepreneurial culture ensures a sound tech ecosystem as potential partners and customers • Israel has a track record of pioneering globally used technologies • Israel has a well developed investor/VC ecosystem looking at digital media, Internet, software, mobile apps, communications and electronics • UK-Israel trading history is strong and growing • UK Israel Tech Hub designed especially for partnership and collaboration • UKTI offers a range of services to support market evaluation, entry and growth in IsraelThe UK-Israel digital & tech opportunity 12/09/2012 24
  25. 25. The UK-Israel digital & tech opportunity 12/09/2012 25

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