India does holds the promise of leading the global deep tech start-up story. However, there will be challenges in terms of competition from corporate giants and the start-ups will need to constantly keep pace with innovations while taking care of factors like the Team, Funding, Revenue, and Industry regulations in order to continue to scale.
The world’s digital content is expected to grow from 4 billion zettabytes last year to 96 zettabytes by 2020. Further, the report predicts Cybercrime damages will cost the world $6 trillion annually by 2021, which is an alarming trend.
Given a great product, a great team, good market potential, and initial traction, the difference between the start-ups that make it and the ones that don’t, lies in the execution and the road they take to scaling up. There is also a fine balance to be maintained in the timing of your growth plans.
AI is here and it’s here to stay. There is no doubt that AI-enabled solutions are redrawing the healthcare landscape and are inviting apprehensions of them taking over human jobs. However, such fears may be misdirected as these cognitive systems are more meant to augment professional judgment rather than replace it.
