Abstract: Device, system, and method of generating location-based social networks. For example, a method for dynamically creating location-based virtual social networks includes: detecting presence of a wireless device at a location which is associated with a location-based virtual social network; and sending to the wireless device an invitation to join said location-based virtual social network.

Abstract: Device, system, and method of electronic communication to facilitate collaboration and meeting. For example, a method of inducing social interaction among users of an electronic communication network includes: receiving a first behavioral profile representing one or more schedule items of a first user; receiving a second behavioral profile representing one or more schedule items of a second user; identifying a time-slot in which the first and second users are available according to the first and second behavioral profiles, respectively, and identifying a common activity-of-interest reflected in the first and second behavioral profiles; and sending to the first and second users invitations to engage in said activity-of-interest in said time-slot.

Abstract: Device, system and method of collaborative insurance. For example, a system for electronic insurance transactions includes: a server to receive a risk description posted through a customer terminal, to publish the risk description to one or more insurer terminals, and to determine whether or not to underwrite an insurance covering at least a portion of a risk included in the risk description based on an analysis of aggregated data, wherein the aggregated data comprises data related to said risk description and data related to one or more other posted risk descriptions.

Abstract: A method and computer program product for modeling an organization, the method includes: defining a set of component business modeling (CBM) templates, each includes multiple components, wherein the set of CBM templates includes at least one first level CBM template, multiple second level CBM templates and multiple third level CBM templates; receiving a request to generate a CBM representation of a certain business; and allowing a user to utilize at least one CBM template to provide the CBM representation of the certain business.

Abstract: A method for calculating an importance of multiple business entities, the method includes receiving dependency information representative of dependencies between multiple business entities; and utilizing a probability based mathematical model of a business infrastructure for determining the importance of multiple business entities. A device that includes a memory element adapted to receive dependency information representative of dependencies between multiple business entities that form a multi-level business infrastructure; and to receive additional information representative of at least one characteristic of at least two business entities that belong to the multi-level business infrastructure; and a processor, connected to the memory element, the processor is adapted to calculate, in response to the received information, an importance of each of the multiple business entities; whereas an importance of a business entity represents a product resulting from utilizing the business entity.