Posts Tagged “Intel Israel”
Intel Israel nearly doubled its exports in the past year, increasing by $2.7 billion to reach $6.6 billion in 2019, a figure that represents 12.5 percent of Israel’s total high-tech exports for the year, according to the company’s newly published Corporate Responsibility Report for 2019-2020 (Hebrew). Intel Israel also indicated that over the course of 2019, it made $1.8 billion of local procurement in Israel, purchasing materials and services from Israeli suppliers (up from $1.5 billion in 2018.)As the largest private employer in the country, Intel Israel said it added nearly 1,000 jobs in 2019 and now employs 13,750 people across the country, including over 1,000 from Mobileye, the autonomous driving tech company Intel bought in 2017 for over $15 billion.
Intel Israel also released a number of corporate commitments it hopes to meet over the next decade as part of Intel’s overall corporate responsibility strategy and goals published last month including collaborations in health and safety, pandemic preparedness, carbon-neutral computing, and increased inclusion of women and minorities in senior roles.
Intel Israel said it currently spends NIS 250 million ($72 million) with diversified businesses and will double this amount to NIS 700 million (approximately $200 million) by 2030. It also announced it was launching a new training program next month to support 100 Israeli businesses owned by women, minorities, or situated outside Israel’s central region where more business and tech activity occurs.
Currently, women make up 25 percent of Intel Israel’s workforce and it hopes to increase the rate of women in tech positions to 40 percent with continued scholarship offers and empowerment programs such as Boost Your Career. In addition, Intel Israel said it will launch a separate program called “AI for youth” as part of a global project to equip over 30 million people with AI skill. A pilot of the program will open in September in four towns and is set to expand later to additional schools across Israel.
Intel Israel is also embarking on a number of sustainable projects including a commitment to purchase 100 percent of the energy it uses from renewable sources, send zero waste to landfills, and advance rehabilitation of water sources through funding, publishing a call for proposals for such projects from external parties. Intel Israel says that currently, 50 percent of the electricity it consumes is generated via green technologies and hope to implement a circular economy strategy on 60 percent of the waste it generates.
“The goals to which Intel Israel has committed to in our Corporate Responsibility Report for 2019-2020 are very ambitious,” said Yaniv Garty, general manager of Intel Israel. “They reflect our strong ambition, willingness and need to take the lead in collaborations that will address the challenges no one can overcome alone.”
Bella Abrahams, director of corporate affairs at Intel Israel, said the publication of the report was “a special landmark” that recaps “a decade of unprecedented accomplishments we are proud of and ushers a new decade, in which we strive to stretch ourselves even higher.
“As a company that attaches strong importance to transparency, the annual report serves the complete information of Intel Israel’s work. We look forward to continuing leading the Israeli high tech industry in technological innovation, as well as in impactful social initiatives,” she added.
Intel began operating in Israel in 1974 and has said that its investments in the Israeli economy have totaled over $35 billion since then.
The history of computing has been largely a tale of developing amazing applications for which processing speeds were insufficient to make these innovations practical. In other words, the adage that “content is King” is only the case because of speed bottlenecks. But with 5G (fifth generation wireless technology) on the horizon, we may be on the verge of a new Monarchy. The Speed King.
Segments from the following were originally published by NoCamels.com.
What is 5G?
Fifth-generation wireless, or 5G, is the latest iteration of cellular technology, engineered to greatly increase the speed and responsiveness of wireless networks. With 5G, data transmitted over wireless broadband connections could travel at rates as high as 20 Gbps by some estimates — exceeding wireline network speeds — as well as offer latency of 1 ms or lower for uses that require real-time feedback. 5G will also enable a sharp increase in the amount of data transmitted over wireless systems due to more available bandwidth and advanced antenna technology. Thirty to fifty times fast than 4G. The impact will be revolutionary, making home appliances smart, surgical robots even smarter and more precise, drones ubiquitous and artificial intelligence downright scary!
American PCU processing giant Intel dominates the PC and server processor market, netting about 80 percent of the market worldwide. But as far as the mobile revolution is concerned, Intel missed the boat. Previous attempts to enter the smartphone market have been mediocre at best. But it has had considerable success in entering the mobile market. And with 5G it plans to go from player to dominator. The company is in a transition, adopting a data-centric model that is all about 5G.
And Intel’s Israel operations are playing a key role in the overhaul. This means that its innovative products, already ubiquitous, will be even more so. “New hardware will basically be in all aspects: data collection by new sensors (e.g. Mobileye), communication (e.g 5G), computing (e.g artificial intelligence),” Ben Sinai says. An ambitious move into the mobile phone market is also in the offing, as it is “certainly an ingredient” in Intel’s wider vision.
And Intel Israel, he says, is a “very important design center of Intel Corporation, leading some of its strategic developments in the area of computing, communication, security and more.”
Automotive and cybersecurity
Intel also has another edge. Last year, the company acquired the Jerusalem-based Mobileye, a developer of cutting-edge autonomous driving technologies, for a whopping $15.3 billion. Mobileye is considered a leader in advanced driver assistance systems – including pedestrian detection, collision warning – aimed to prevent road collisions. The acquisition marked Intel’s entry into the vibrant automotive market, and the industry plays a central role in Intel’s vision for the future.
“Autonomous cars will need constant, fast communications, they will move in sync on their own network,” Ben Sinai says, envisioning a future with zero accidents, a better environment due to expected reduced car ownership, and a transformed transportation industry which he says will have to adjust to accommodate self-driving cars.
As for the potential dangers posed by mass connectivity, Intel, he says, “is always thinking about security, and established a division at the Intel management level dedicated to looking for breaches and vulnerabilities.”
The bottom line is this. Intel now sees how IoT (Internet of Things) is redefining what the end device looks like. It’s no longer just a computer or a smartphone, and intends to have its technology in all these things, pun intended.