Uncertainty is the new normal
Cybertech is the most significant conference and exhibition of cyber technologies outside of the United States. It took place at the Tel Aviv Convention Center from January 30 to February 1 and brought together leading multinational corporations, start-ups, venture-capital firms and clients.
According to organizers, the conference “provides a unique platform for discussion about the latest cyber-related technological developments through panel discussions, such as challenges and solutions for the cyber industry, international collaboration between law enforcement authorities around the world, cognitive computing issues and the future of cybersecurity for the fintech industry.”
Cisco CEO Chuck Robbins, in Israel for the first time, gave the keynote address at the conference. “Things are moving faster than anyone realizes,” he said. “We are currently undergoing the most significant and fastest technological change we have ever experienced and will probably ever experience in our lifetime.”
Robbins welcomed all of Cisco’s employees, customers and partners. He encouraged them to take the time to view the company’s special display that told the story of Cisco Israel’s creation and developments over the last 20 years. The company has developed dozens of devices, patented hundreds of ideas and invested more than NIS 7 billion in Israeli companies, including NDS, Cloudlock and Leaba.
Feedvisor
Feedvisor’s cloud-based algorithmic repricing and revenue intelligence solutions power millions of pricing decisions daily and provide retailers with actionable insights to maximize profitability and drive their business growth. It offers high-velocity big-data solutions to creative B2B marketing campaigns and exceptional customer-success programs.
Feedvisor is pioneering algo-commerce – the discipline of using big data and machine-learning algorithms to make business critical decisions for online retailers.
Feedvisor manages more than $2 billion in goods sold through marketplaces such as Amazon, eBay, Shopify and Magento. In an effort to expand, the company has raised an additional $20 million in Series B funding led by General Catalyst, which has also invested in Airbnb, Snapchat and Lemonade.
“We solve the basic problem of complexity of their business: competition, prices, demand and managing their inventory,” Feedvisor founder and CEO Victor Rosenman said. “What changes faster is your ability to be in the top rank, which is greatly affected by competition. The velocity of sales is correlated by demand.”
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Translated by Hannah Hochner.