Global Investment Forum: UAE, region very open to innovation, says Noveto
Staff Report/Dubai Filed on June 3, 2021
Noveto has developed a device that allows music to be heard directly without any contact or headphones, directly to the designated individual without disturbing people nearby.
“We believe that technology is the tool that makes it easier to lower barriers,” said Gil Lev, Chief Business Officer at Noveto Systems, who participated at the Global Investment Forum in the UAE.
Noveto has developed an innovative device that allows music to be heard directly in both ears, without any contact or headphones, directly to the designated individual without disturbing people nearby. It is a surround sound three-dimensional audio experience, which causes the sound to surround the designated person only.
Joshua Shuman
Change is key for surviving coronavirus pandemic
The coronavirus pandemic has been a blessing for some. This year’s innovations, imposed by the pandemic’s restrictions, have led to a series of changes enabling medical, internet-based, software and other technologies to spring forward around the world.
Take, for instance, the BVP NASDAQ Emerging Cloud Index of 54 cloud-based companies providing cloud software and services. Last week, the index hit an all-time high of just under $2,400, coming from a low of around $990 per share in mid-March 2020.
“As an economic indicator, COVID[-19] has shown that with the advent of the internet and geolocation services, the world has become flat. We can communicate with people next door, in a nearby city, or in a different country and with video conferencing (Zoom, Google Meet, etc.) and other cloud-based services (Dropbox, Google Docs/sheets/etc.). The experience is identical,” Chaim Tessler, general partner in charge of