A delegation from Midlands Cyber will attend the Cybertech Tel Aviv Conference (January 28-30, 2019) and will showcase "Cyber Valley," the leading cyber hotspot in the UK. The delegation will promote one of the most interesting high-tech and business clusters in Europe, offering numerous opportunities for Israeli startups, companies, and investors.
Members of the delegation will present investment and partnership opportunities to Israeli executives and entrepreneurs. The Midlands is economy worth around $275 billion with 800,000 companies operating in this region located in central England – an economy which has grown 18% annually in the last five years. More than 17,500 of the companies in the Midlands focus on cyber and digital technology and include 20% of the UK’s top cyber companies. The Midlands region is home to thriving cities including Birmingham and Nottingham and includes well-known brands such as Rolls Royce; Jaguar Land Rover; Fujitsu; Siemens; O2; JCB; HSBC; KPMG; QinetiQ; IBM as well as thousands of startups and technology companies.
Another key attraction that Midlands Cyber representatives will present to Israeli entrepreneurs at Cybertech is a new commercial accelerator called BetaDen. Linda Smith, CEO of BetaDen, is a member of the delegation that will be visiting Israel. BetaDen offers both the infrastructure and the know-how for developing and running cyber trials and IoT applications on the new 5G network.
The accelerator was established in 2018, with funding from the British government and the private sector. Betaden is in the heart of “Cyber Valley,” at the Malvern Hills Science Park, in Worcestershire. The delegation will highlight opportunities for Israeli entrepreneurs to participate in the accelerator. During the nine-month long program, entrepreneurs will receive free of charge office space, computer network infrastructure, instruction by technology and business experts and the opportunity to trial suitable new applications and services in the 5G testbed.
The new 5G facility has led to a wave of interest in Britain and throughout Europe. Many large companies have taken advantage of its facilities to advance solutions for Cyber Industry 4.0. Among the companies that have used the 5G infrastructure are: Worcester Bosch and Yamazaki Mazak whose factories in the region are testing IoT solutions on 5G infrastructure with the use of robotics, Augmented Reality (AR), and big data analytics. QinetiQ, the multinational defense technology company, that operates in the Midlands, and is part of the 5G test bed and ‘security by design’ partner. Leading telecommunications companies including British Telecom, O2, and Huawei are also part of this industry consortium.
“We are opening our doors to Israel’s high-tech industry. We welcome introductions to cyber and IoT entrepreneurs,” said Stuart Emmerson, Manager of Invest in Worcestershire. “The Israeli tech network is world renowned for leading innovation. We can help Israeli firms get to market quickly and give them warm introductions to key contacts and customers,” he added.
“The UK is the largest, most concentrated and accessible cybersecurity market in Europe and has been estimated to be worth almost $28 billion,” said Dr. Chris Moore, Technology and Cyber Security Specialist at the Department for International Trade. “The UK Government, through its National Cyber Security Strategy, is investing $2.4 billion over five years, to develop cybersecurity capability and infrastructure, including the creation of a National Cyber Security Centre which opened in 2017. Accordingly, the UK, and Worcestershire in particular, represents an excellent investment and partnership opportunity for Israeli cyber companies.”