CB Insights 11 Tech Trends Are On Target
Sometimes spotting trends in technology is mind-boggling. Not because they are completely accurate - no one can predict the future - but because they see the future from different perspectives. They also describe trends observed by cleantech organizations. They often describe trends in a way that non-technical experts can understand and technical experts can appreciate.
CB Insights can accomplish this challenging task by combining technologies and applications. Remember, CB Insights sees the world through the eyes of venture capitalists and entrepreneurs, complementing the perspectives of Gartner, Forrester and IDC. So they see the following 11 trends.
1. “Immortality as a service. Humans have fantasized about extreme longevity for millennia, but the ancient quest is gaining renewed interest from venture capitalists and tech companies.
2. "Secret invasion of super programs. The stage is set for a major clash of super-software platforms as they battle to control consumers' online lives."
3. “Rapid reinvention of FinTech FinTech startups have faced tougher market conditions in the past, but many are already overcoming this by expanding into new territories and meeting business needs.
4. "Robots at home. Tech leaders and startups are exploring how robots can safely work as home cleaning assistants and caring companions.
5. "Virtual power plants. Decentralized energy systems are gaining popularity as demand for renewable energy increases, concerns about grid stability increase, and communities struggle with rising energy costs.
6. “The Missing Health Scam. Perimeter health monitoring will go beyond standard methods of remote patient monitoring to continuously collect data that is more relevant and invasive than ever."
7. "Smell goes digital." Digitizing smell is a complex process, but smell technology is making significant advances that could impact food, retail, healthcare and other industries in the coming year.
8. "Femtech Brings Menopause Back." As the field of women's health continues to expand, more and more startups are turning their attention to less common issues like menopause.
9. "Growth of biomaterials. Companies are turning materials from natural sources, such as fungi and algae, into next-generation materials."
10. “India's tech boom Venture capitalists are betting that India will benefit from the next big boom in the startup ecosystem.
11. "Renewable agricultural technologies are taking root. As fashion brands and food giants turn to renewable agriculture to reduce emissions, startups offering enabling technologies are gaining traction.”
How CB Insights sees money flow from the enterprise community, where startups should focus, and where technology innovation sees ready applications.
outstanding
Let's take a closer look at some of these trends.
The science of immortality as a service meets the endless demand for health, and the cloud for longevity. The market is looking for cell regeneration, organ regeneration, as well as drugs and "supplements" to reverse or at least slow down the aging process. Much of the optimism expressed by early-stage investors here stems from the intersection of demand and technology, particularly mobile, drug discovery, big data and artificial intelligence. In fact, when a market emerges, it is always the result of convergence. Markets are always confirmed based on demand and promises. Times are always tight here, but when the serious money starts rolling in, the stakes on the table are obviously high.
The "stealth invasion of super programs" will accelerate the trend towards a technological oligarchy. While most online consumers prefer app integration, when that happens, and it will, a lot of data will be used to make the "cool apps" actually work. Automated transaction processing will become the norm. Check out what CB Insights had to say about some of today's forecast trends:
By 2022, nearly 40% of US youth will use TikTok or Meta Instagram to find places to eat instead of Google Search or Maps. they are now expanding their commercial functions as more and more consumers use them as real search engines.
and this.
For example, Meta's lofty goals can be seen most clearly in WhatsApp, the messaging service it acquired in 2014. In November 2022, the company announced its "vision to bring the entire shopping experience directly into a WhatsApp conversation." WhatsApp users for starters. Select countries can now search for businesses in the app, send direct messages, and make in-chat payments. Meta Graph is the way WhatsApp manages discovery, messaging and payments for over 2 billion users worldwide.”
It's Over: Tech giants have every reason to continue developing online restaurant apps (and beyond). All ERP, CRM and infrastructure companies have already entered this race at the enterprise level. Newcomers will work alongside online tech oligarchs and corporations.
Robots at home. Undoubtedly
"Recently, tech companies like Amazon, Google and Dyson have made significant advances in consumer robotics, offering competition to transform the home and put it at the center of consumers' everyday lives."
If venture capital is a barometer of trends, domestic robots are on the way.
But it's not just technology that helps with homework. The company is another focus. Intuition Robotics' ElliQ mini robot is designed to accompany people who spend most of their time at home, especially the elderly.
“The bot uses artificial intelligence to have natural-sounding conversations, tell jokes, play games and make suggestions to encourage healthy habits. ElliQ users reportedly have an average of 20 interactions with the bot per day. Intuition Robotics has raised $56 million to date. Investors including Samsung NEXT, Toyota Ventures and iRobot. In May 2022, the New York City Office on Aging (NYSOFA) announced plans to distribute 800 ElliQ units to older adults.
A graduate of the Disney Accelerator program, Miko introduces an AI-powered robotic assistant to educate and entertain children. The robot can create animated stories, play games and dance. The Indian company, which has already raised $70 million, will begin cooperation with Disney. In August 2022, it was distributed in 140 countries.
Technologists have been talking about these robots for more than a decade, now it's time to focus on the money.
Health is the goal of all things digital. Telemedicine is now a mainstay in healthcare delivery. In essence, telemedicine is where artificial intelligence, analytics, the Internet of Things, and automation come together in a marriage that no one will ever see coming. This is the "death of health scams."
The most interesting thing here is continuous and automated activity. This is what CB Insights calls "near health monitoring" or "remote patient monitoring". "Heart rate, respiration and movement are already present, and less obvious markers like blood pressure or oxygen saturation are more difficult to address." But make no mistake, it will crack. Startups and deep investment pockets are everywhere. In addition, the costs associated with the collapse of healthcare systems (especially in the US) will encourage further investment. Along with these technologies, other technologies such as augmented and virtual reality will play an important role in the transformation of healthcare and delivery.
"Femtech Transforms Menopause," another milestone for women's health. Specialization is the trend here, as is the demographic driving investment strategies. Other areas ripe for investment in menopause priority areas include women's sexual health, cancer, fertility, maternal health and mental health. The same approach can be taken with men's and children's health. This is clear. "Watch for menopause-focused startups to capture the attention of consumers and investors in 2023, as competition intensifies to enter an underserved market and more women's health companies look to expand their appeal to a wider age range." The gap between the respective markets and technology platforms is narrowing.
India's Tech Rise is one to watch. driver?
Major tech players, including Apple, have moved some operations from China to India, adding infrastructure to support technology and build expertise in the country. . While most iPhones continue to be manufactured in China, JP Morgan analysts predict that India will produce 1 in 4 iPhones by 2025... See how the government is fueling this wave with increased investment and research and development of enabling technologies . Like AI and quant. more accurate definition of accounting and tax policy on acquisition of venture capital. »
All the pieces are in place, especially with China's growing social, economic and political challenges.
follow the money
Silver is one of the best trend indicators. smart money? Only someone else's money? Good questions, but the money is quite real and based on informed "bets" based on data. Could the directions be wrong? Of course, "wrong" should be defined in terms of time rather than direction. These trends also change over time. However, the conversion does not cancel the fixed assets. CB Insights is right.