Author: Siddhi Redij

21January 2022

5 reasons why you need Israeli deep tech solutions for your business

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A great wave of innovation is sweeping across the globe, powered by deep tech companies that bring together talented scientists, engineers, and entrepreneurs to use innovative tech to solve problems and reimagine the world. They often need to develop new technologies because no existing technology completely solves the problem. Israel’s deep tech industry is receiving global recognition for innovations that are quickly moving from the lab to the marketplace. Commercial application of deep technology is becoming more viable and changing our lives by creating a powerful tech ecosystem.

Let’s look at 5 ways Israeli deep tech can transform your business:

1) Potential for radical innovation: Israel is the hotbed of technological innovation, with the most hi-tech startups per capita in the world. Israeli deep tech companies have launched hundreds of tech inventions. Ranging from everyday items like USB drives to futuristic healthcare devices and innovative software and SaaS products. In today’s competitive landscape, offering customers innovative services/products can help businesses create a unique identity and differentiate themselves.

Fact Check: Israel-based Check Point Software Technologies developed the first-ever fully viable commercial firewall in 1993, the most significant invention in cybersecurity in the last 30 years.

2) Ability to disrupt markets: Israel has a legacy of building some of the most disruptive technologies in the world. Disruptive innovation can fundamentally change markets and transform entire industries. Israeli tech companies receive support for R&D and incubation required for breakthrough products to become commercially viable. As a market disruptor, your business can break new ground and scale exponentially in the absence of little to no competition.

Fact Check: In 1999, Israel’s M-Systems created and patented the world’s first USB drive. No points for guessing how it disrupted the Compact Disc industry.

3) Problem-focused approach: Israeli deep tech companies approach innovation by understanding the challenge first and then working backward to source solutions, using the reverse innovation model. Public and private organizations collaborate to support innovation centers that function as think and do tanks. This enables the development, testing, and demonstration of scalable, innovative solutions to global challenges. Businesses today need to keep exploring various alternatives to become resilient in unpredictable market conditions and, a problem-focused approach can help them offer customers better products and services. 

Fact Check: Fintech accelerator The Floor (founded by a collaboration of international banks) uses the reverse innovation model to source challenges from the banks. It then incubates and supports startups working on potential solutions. The Floor is thus helping shape the “Bank of the Future” by leveraging exceptional technologies and expertise.

4) Convergence of Engineering, Data Science & Technology: Israeli startups use frontier tech, a convergence of engineering, tech, and data science to think out of the box. 96% of deep tech ventures use at least two technologies like AI, IoT, big data, blockchain, 5G, 3D printing, robotics, drones, gene editing, nanotechnology, and solar photovoltaic. AI, for example, combined with robotics, can transform production and business processes. 3D printing allows faster and cheaper low-volume production and rapid prototyping of new products. As a group, these technologies already represent a $350-billion market and by 2025 could grow to over $3.2 trillion.

Fact Check: Amazon, Google, Facebook, Alibaba, and Baidu reshaped the tech world. But few know that the innovations of Israeli companies supported these global giants. Israeli companies like Waze (now owned by Google), are widely used for helping drivers and tourists find their destination. Mobileye (purchased by Intel) is the market leader in autonomous driving.

5) Time and Scale: Global majors want to scale fast and Israeli deep tech companies are offering innovative solutions and disruptive tech to help them along. For every business, the ultimate and undeniable focus is always growth. Innovations based on deep tech can generate enormous economic value. Companies are using technology to automate, integrate and re-engineer operational processes. By doing so, they can scale up, cut costs and reduce production times.

Fact Check: Reliance Industries has leveraged the technology prowess of Israeli companies in diverse domains such as desalination plants, drip irrigation, security, retail, and telecom. Another Israeli company, Nanorep provides virtual assistants and smart-bot solutions to Indian companies. It has enhanced customer service and enabled Indian companies to achieve scale with a competitive edge in digital self-service.

Israeli deep tech companies continue to dominate many fields of deep tech innovation. Israeli human capital dominates science and tech and is passionate about solving complex challenges. We are excited to see how Israeli deep-tech innovation will set the pace for new technological breakthroughs in 2022.

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12January 2022

Cloud Cost Optimization: Best Practices to Cut Your Spending

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With cloud technology, organisations can leapfrog years of technological progress. About 70% of businesses already use cloud technology in some capacity. Businesses are using cloud technology to drive efficiency, enhance customer service, and reduce costs. But simply transitioning to the cloud doesn’t maximise cost savings. 70% of companies that move to the cloud are not aware of the hidden cloud costs. Reports reveal that organisations can save almost 35% of cloud costs. To derive maximum value from cloud services it is important to assess its cost-to-benefit ratio. Cloud computing is only beneficial to an organisation when its benefits outweigh the costs. An effective cloud cost optimization strategy can help organisations to maximise gains and reduce costs.

Here are the best practices for cloud cost optimization:

Monitor resource utilisation: Selecting incorrect instance sizes or letting cloud resources idle can take up unwanted space and inflate cloud costs. Users need to carefully select the right instance size based on the workload or business requirements and monitor resource utilisation.

Review and resize resources: Cloud computing gives organisations the flexibility to upscale or downscale resource allocations as per requirements. Reduce operational costs by only buying what you need instead of spending capital on spare capacity. Regular review helps ascertain usage and re-size as appropriate.

Switch off unused or unattached resources: Cloud customers pay for the resources they order, whether they utilise them or not. Often teams forget to turn off resources or remove storage attached to instances. An easy way to optimise cloud costs is to look for unused or unattached resources. A cloud cost optimization strategy should start by identifying unused and completely unattached resources and removing them.

Haptik, an enterprise conversational AI platform, saves at least 85% cost on EC2 instances using Elastigroup by Spot. Hapik uses many features on the Spot platform to improve performance while keeping costs down. This includes checking for idle resources like unused volumes, instances, etc., and releasing them to save costs.

MoEngage, an intelligent customer engagement platform, needed a comprehensive cloud monitoring solution to manage workloads. Real-time cloud optimizer Granulate suited MoEnage’s needs with a fully managed performance and cost optimization solution. Granulate’s plug-and-play solutions easily integrate with AWS services and in less than 5 minutes its agents were identifying bottlenecks and runtime levels. On activation, within seconds MoEngage was pleasantly surprised by the performance improvement they witnessed.

Deploying automation tools: Cloud technology companies offer cloud automation SaaS products that monitor and manage cloud platform services for organisations. By automating tasks such as backup, security, code deployment, resource allocation, they help with cloud cost optimization.

India’s largest learning platform, Unacademy had to deal with growing pains as its traffic skyrocketed resulting in a steadily escalating AWS bill. To keep cloud costs in check Unacademy used Spot, an industry-leading cloud monitoring and automation tool that has the potential to reduce cloud costs by 90%. Unacademy used Spot’s scheduled scaling tool to scale down during off-peak hours. According to Unacademy, Spot is ideal for fault-tolerant and resilient workloads. Using a strategic cloud cost optimization strategy, Unacademy was able to reduce cloud bills by 43%.

Comprehensive audits for clear insights: A comprehensive audit of utilisation patterns and workloads can help organisations assess requirements and gain control over cloud spend. Monetization platform for mobile publishers, Fyber turned to Granulate to help reduce cloud compute costs and increase application performance. Fyber experienced significant performance gains with a 17% reduction in the response time and 18% CPU utilisation all while dealing with 15% more throughput.

Cloud cost optimization does not have to be complicated. Choosing the right SaaS tools to help monitor operations can help lower cloud bills and enhance performance. If you are struggling with rising costs, our advisors can help you set up a robust cloud management strategy. Connect with us at siddhi@onnivation.in or through our website.

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27December 2021

What is Cloud Computing, and how is it different from Cloud Storage?

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  • What is Cloud Computing, and how is it different from Cloud Storage?

Cloud computing is everywhere! The digital ecosystem has made cloud computing a pivotal part of the tech universe. Infrastructure, software, applications, services and operating systems are all on the cloud. Led by tech giants like Amazon, Microsoft, and Google, cloud technology companies compete for a share of this billion-dollar business. Cloud computing, and cloud storage, are often used interchangeably. But are they the same? Not exactly.

Cloud storage is the process of storing data on remote data centres and accessing them at any time through the Internet and is a component of cloud computing.

Many people think cloud technology is new. The evolution of the cloud began in the fifties with mainframe computers. In the sixties, governments used the cloud to build reliable communications networks.

In the seventies, the virtualization of machines allowed remote sharing of computer resources. Today, almost all software and tech giants are now cloud technology companies offering a variety of enterprise cloud solutions like Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), Infrastructure-as-a-Service (IaaS), Backup-as-a-Service (BaaS) and, Disaster-Recovery-as-a-Service (DRaaS).

In the early 2000s, major cloud technology companies introduced the cloud to the public.

Here are a few of the early starters:

2002: Amazon Web Services

2003: LinkedIn

2004: Facebook

2006: Twitter

2007: Netflix launched its video streaming service

2008: Dropbox

2008: Google Cloud Platform

2010: Microsoft Azure

The cloud is the Internet. It facilitates remote access of data or software services over the Internet. When something is on the cloud, it is stored on internet servers instead of your computer’s hard drive. The cloud is essentially a vast network of remote servers around the globe operating as a single ecosystem.

Cloud Storage: All types of information/data can be stored in the cloud and accessed from any computer or mobile device with an Internet connection. Dropbox and Google Drive are some of the most popular cloud-based storage services.

Benefits of Cloud Storage:

  • Ease of Use
  • Remote accessibility
  • Reduce local storage costs
  • Easy data sharing
  • Multiple users
  • Real-time data availability across borders
  • Scalable
  • Disaster recovery


Cloud Computing is the off-site use of hardware or software accessed over networks for computing needs. Enterprises and consumers use cloud computing in various ways. Cloud computing is used for:

  • Email
  • Data storage
  • App development platforms
  • Cloud-based servers
  • Infrastructure monitoring & management
  • Build, host, & deploy SaaS/PaaS, IaaS services


Types of Cloud:

  • Public cloud: Managed by third parties
  • Private cloud: Owned and used by single private businesses & organizations
  • Hybrid cloud: A combination of public and private cloud
  • Community cloud: Created to address the specific needs of an industry, a community, or a business sector.


Benefits of Cloud Computing:

  • Pay-as-you-go cost savings: No initial infrastructure costs; pay only for how much you use
  • Access innovative technology: Easier to experiment with technologies such as artificial intelligence and machine learning algorithms
  • Scalability: Scale up or scale down your operation and storage to match your requirements
  • Cross-border collaboration: Employees, contractors, and third parties can all access the same files and collaborate
  • Boost Performance: Reduced network latency for applications and, gain economies of scale

Cloud computing adoption is rising every year, and it’s not difficult to understand why. The benefits of cloud computing are becoming increasingly evident to enterprises as they assess how the technology impacts production, collaboration, security, and revenue. Cloud technology companies are helping enterprises avoid a whole range of problems associated with on-premises infrastructure.

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