Foreword
Israel, a small country in the middle east with the equivalent size of New Jersey, is renowned as the “startup nation”, and is a pioneer in many innovative domains such as robotics, AI, ML, big data and analytics, cybersecurity, ARVR, and in medical and biotechnology-related developments.
The startup ecosystem in Israel (more than 4500 Startups) is one of the leading ecosystems of its kind in the world, with the highest percentage of startups per population size, investments per capita and percentage (4.5%) of GDP spent on R&D than any other country in the world!
As we enter the year2020 and the 4th industrial revolution is underway, new technologies are enabling manufacturers to customize everything, democratize inventions and build smart, autonomous and high productive factories.At Siemens Digital Industries Software, we have introduced the concept of the digital twin which supports our customers' business processes and is critical for them to move from innovative ideas and raw materials to real production and products. AR & VR technologies are part of the next natural step in our quest to better immerse our customers to their products, production lines and factories digital twin, either before they are a reality or while they are functioning, producing and bringing value. AR and VR tech, which not so long ago seemed futuristic, are already rolled out in most of our leading PLM solutions and are aiding our customers in various use cases such as product design, engineering and process review, shop floor work instructions and more.
The future for AR and VR technology seems very promising, as their market value is expected to grow up to 60BN$by the year2025, and manufacturing scenarios are becoming a key focus within enterpriseXR companies. As the technology evolves, key issues will have to be addressed to fully integrate AR and VR tech to current and future manufacturing business processes. Improving accuracy, robustness, and usability will be key for any future developments. I’m confident that the aspiring Israeli AR and VR ecosystem will play a major role in future developments that will help over come the current boundaries and limitations we are struggling with today.
