MIT Review puts Israeli desalination firm on ‘World’s Smartest Companies’ list

IDE Technologies ranks annual MIT Technology Review list of world’s smartest companies, “offering more affordable water desalination at a scale never before achieved.”

By Barney Breen-Portnoy

 

IDE Technologies, an Israeli water desalination company, has been named by the MIT Technology Review as one of the world’s 50 smartest companies for 2015.

The Sorek desalination plant in Rishon Lezion – Photo: AP

IDE was ranked 18th on the annual MIT Technology Review list. Topping the list was Tesla Motors. Rounding out the top five were Xiaomi, Illumina, Alibaba and Counsyl.

“To make the list, a company must have truly innovative technology and a business model that is both practical and ambitious, with the result that it has set the agenda in its field over the past 12 months,” the MIT Technology Review said.

Regarding IDE, the MIT Technology Review said the company was “offering more affordable water desalination at a scale never before achieved.”

 

View original Israel Hayom publication at: http://www.israelhayom.com/site/newsletter_article.php?id=26703

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