Innovations based on scientific or engineering discoveries are referred to as “deep technology.” They strive to address the world’s problems, and these technologies can generate new markets and disrupt established industries.
On the following technologies, Deep Tech inventors and investors often view the world through one of the following perspectives: Biotechnology, AI, robotics, quantum computing, sophisticated and advanced manufacturing in sectors such as healthcare, education, information technology, and so on… the list has no end.
But what do you think? Is it easy to implement these deep technologies? Let us find this answer.
The adaptation of any new technology or even changes in the existing technology can be a little problematic, so we have the deep technology.
Obstacles to Overcoming During Implementation
Marketing Strategies
Marketing challenges include a lack of adequate market intelligence, incorrect use of such information, and insufficient data on international markets.
A lack of complementary corporate infrastructure and human resources may affect commercialization in the business sector.
Finding partners and identifying distribution channels may be challenging because this technology is new to the market.
Capital Shortage
A lack of capital and infrastructure can be a major issue because it is one of the most significant barriers to commercialization. Deep Tech enterprises demand more money than traditional tech startups. Outsourcing, on the other side, may be able to help alleviate this issue to some degree.
Challenges of Scale and Time
Constructing real-world business applications and bringing them from the lab to the market requires concerted R&D. For example, it took academics decades to build the underlying technology that enables AI, and the technology is still far from perfect.
Now, as we know much or less about the challenges, let us understand the significance of deep technology in our lives.
What is its significance in India?
Deep tech provides solutions to complex real-life challenges, such as food, energy, and water. This steadily boosts India’s employment rate while also allowing people to demonstrate their abilities.
India must improve business governance, healthcare, and education to promote economic growth, and deep technology will play a critical role in this transformation.
Almost every aspect of modern civilization appears ripe for profound digital disruption.
Several other countries have also had food shortages somewhere, sometimes. In some instances, the problem has worsened due to the pandemic.
Traditional farming methods can be changed with these deep technologies, eliminating the world’s hunger crisis.
On the other hand, as we all know, India is experiencing a severe coal shortage. We can simply eliminate this problem when solar power plants become more prevalent.
Last Thoughts
In conclusion, deep technology is the future. Its wings are spreading quicker than anything. Deep technology now has a significant impact on nearly every vital sector of the economy, including manufacturing and many more, such as :
- Automotive robotics
- Smart homes
- Smart cities
- Healthcare
- Finance
- Agritech
- Ed-tech, and
- energy
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