AI & Big Data
AI & Big Data are the ultimate disruptive forces in the world of technology. Nearly every industry has been or will be impacted by AI & Big Data. At Glilot we are experts in these fields and are on top of the constantly evolving landscape. Based on our years of experience, we understand the challenges of starting a business in this space, and will be there to provide guidance and support throughout the entrepreneurial journey. AI, Big Data, Cloud Computing, and IoT are the forces that as we speak are transforming the world around us and are altering business models and entire industries. According to a study conducted by PWC, global GDP will be up to 14% higher in 2030 as a result of the accelerating development and take-up of AI, the equivalent of an additional $15.7 trillion.
Cyber security has recently leapt to the forefront of the industry as a result of two major technological shifts. First, data is being stored in new ways and places. As our lives become increasingly digital, the number of vulnerabilities rises exponentially. More and more of our world is provisioned as a service – including software, infrastructure, platforms, and networks. Enterprises are no longer limited to four walls. Users can access data anytime, anywhere, often from unsecured networks. To ensure even the bare minimum of data security, we need a new set of solutions to fit this flexible new world.
Second, new types of threats are emerging at a speed and complexity level never before seen. There are now more than a million malicious apps in existence – and another 2.3 million ‘grayware’ apps lurking in the background. Criminals, hacktivists, and even nation states are in on the game. Data is not just being stolen, it is now being manipulated, held ransom, or deleted. In a recent study, Symantec found that ransomware attacks grew 113% in 2014, along with 45 times more crypto-ransomware attacks. Breaches grew by 23%, representing 348 million exposed identities. Although e-commerce and financial payment giants remain the most popular targets, we are seeing a rise in industrial level attacks, particularly in the mining, manufacturing, and transportation segments. With the Internet of Things gaining speed, we are also faced with a brave new world where cars, homes, and airplanes are potentially at risk.
From big data and cloud to SaaS, online marketing continues to develop as sophisticated software is changing the way corporations operate. Advanced software has become a strategic factor for leading organizations and is no longer merely an internal or operational tool. It’s a vehicle to create business superiority to beat the competition.
At the same time new technologies such as cloud, SaaS and virtualization are changing the way that IT infrastructure is built and managed. While additional computing platforms have evolved, corporate employees are demanding more control and easier interaction. These changes create a unique opportunity for startup companies. With years of experience in enterprise software and a list of successful investments in the field, the Glilot team is looking for those with superior talent and ground breaking technologies that can make a real difference for enterprises worldwide. Additionally, Glilot was the first venture capital firm to invest in Israeli cyber security startups.
From advanced customer acquisition, to cutting edge marketing platforms, Dev Ops, advanced SaaS and infrastructure solutions, Fintech and IoT, if you believe you’re the next step in enterprise software, we want to meet you.