| | MARCH 20234 The meme enthusiasts would know. `Modern Problems Require Modern Solutions' is one of the most used memes on the internet featuring the legendary American stand-up comedian Dave Chappelle. These words today have newfound meaning, beyond the intended humor, especially in the case of DeepTech startups. DeepTech is an umbrella term that implies startups based on finding innovative solutions to modern business and often societal problems using technologies ranging from artificial intelligence and machine learning to the blockchain, computer imaging, and VR.The yesteryear has been great for DeepTechs, especially with Europe embracing the DeepTech companies. Last year, they raised over $16 billion, increasing their headcount while other tech sectors were flooded with layoffs. On the other hand, Asia needs to adapt to the global pace. Nevertheless, the omens are great, with the region's DeepTech startup ecosystem growing, with more and more unicorns emerging in the segment in recent years. Japan is a great example. The Kansai area, which boasts Japan's second-largest economy, has formed its own startup ecosystem centered on deep tech.However, the industry calls for additional support and investment to focus on extensive research and development. Currently, most of the startups in the region use commonly available technologies and target a similar customer base with little tweaks in their proposition, such as pricing and delivery models. But DeepTechs must be all about companies getting to develop their own unique profiles. Doing this takes a lot of R&D, investment, and time. Putting it in a nutshell, DeepTechs call for investment with a promise to return without much delay. If you are looking forward to investing in tomorrow-tech, invest in DeepTechs.Sujith VasudevanManaging Editor firstname.lastname@example.orgEditorialThe Huge Promise of DeepTech Vol 04 · Issue 4-5 ·MARCH, 2023 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Manager - DesignPrabhu Dutta A.R.N Ray Noida Rohit Raghubanshi Akshay Shettyadvertise@ceoinsightsasia.comEditorial queries email@example.comTo subscribeVisit www.ceoinsightsasia.com/subscribe/ or send emailto firstname.lastname@example.orgMagazine Price is $50 per issueEditor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technologies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 InfoConnect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Designers Hari Shankar P A Rafik mohammedVP - Sales & Marketing Amrit Kumar Singh Circulation Manager Magendran Perumal Editorial Heena Kousar Keerthana Kantaraju Roopalatha H.
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