CIO Insider

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Machines Have Been Learning For A While Now

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Sujith Vasudevan, Managing Editor

Most of the world’s pressing problems are multifaceted, even beyond the business realm. More often than not, they are rooted at the intersection of engineering, sciences, hardware, and software. This predicament calls for the intervention of deep-technology (deep-tech) solutions. It’s no wonder that deep tech markets are flaring in magnitude across the globe. Artificial

Intelligence is a great example of this. According to Gartner, the artificial intelligence (AI) software market will reach almost $134.8 billion by 2025, growing at a CAGR of 31.1 percent till 2025 and considerably outpacing the overall software market growth.

It goes without saying that India making the most out of this opportunity takes the combined efforts of investors, private companies, academia, and the government. In fact, some of the initiatives that endeavor to create a thriving deep tech ecosystem in the country are the AIM PRIME (Program for Researchers in Innovation, Market Readiness, and Entrepreneurship) program by NITI Aayog, NASSCOM DeepTech Club (DTC), and India DeepTech.

AIM PRIME aims to promote early-stage science based, deep technology ideas to market through training and guidance over 12 months using a blended learning curriculum. DTC is on a mission to nurture, build and promote 1000 deep tech product startups in India by 2025. India DeepTech is a pan-industry alliance to promote deep tech startups formed by India’s leading deep tech startups, incubators, and venture capital funds involved in working with such startups. If you aspire to be a deep tech entrepreneur, these are some of the channels that can help you kick-start your venture.

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