
Retail Innovation Tech Alliance (RITA) has completed the sixth selection of startups to implement joint projects with the largest retail and technology corporations in Russia and Kazakhstan.
MoreSince 2017, venture capital investment firm ARK has been publishing its annual Big Ideas survey of current trends in disruptive innovation that have great market potential and have a major impact on the global innovation market. We have studied the research report for 2021 and are ready to share with you the most impressive findings and the most daring predictions from it. Which of this will come true and which will not – time will tell!
Until recently, all software was developed by humans. Deep learning as a form of artificial intelligence (AI) uses data to automatically write software. It can be applied in any industry. According to ARK research, deep learning will add $ 30 trillion to global equity capitalization over the next 15 to 20 years.
Computing power is undergoing a real revolution. Cheaper, faster and more powerful processors are replacing Intel, which traditionally received more than 90% of the revenue from all processors in the world. For cloud computing, the authors predict the explosive development of ARM, RISC-V and GPUs, which together will bring 45% of the total profit from all processors in 2030 in the amount of $ 19 billion.
The virtual world is defined as a computer-modeled environment that can be accessed by anyone at any time. Modern society interacts daily with many virtual worlds, while this entire direction is still in its infancy. According to ARK forecasts, annual revenue from virtual worlds will grow from roughly $ 180 billion today to $ 390 billion by 2025. At the moment, virtual worlds are independent from each other, but in the future they may become compatible and interconnected, which will lead to what futurists call the “Metaverse”.
The study authors believe Venmo, Cash App and similar venture startups will transform traditional banking by activating mobile bank branches right on their mobile phones. Nowadays, digital wallets are starting to fully penetrate traditional financial services, including brokerage and credit. Digital wallets can also serve as a lead generation platform outside of financial products. The projected e-wallet market will be $ 4.6 trillion by 2025.
Most recently, the value of bitcoin has broken through a record high. According to ARK estimates, if all the companies from the S&P 500 stock index basket had transferred at least 1% of their funds to bitcoins, then the value of the latter would have increased by another $ 40,000.
The prices of electric vehicles are gradually approaching the prices of gasoline-powered cars. The leaders of the electric vehicle market are actively working to improve the batteries so that the electric car can run longer without recharging and additional costs. According to Wright’s Law, ARK predicts that electric vehicle sales will grow by about 20 times, from 2.2 million units in 2020 to 40 million units by 2025.
While fears that automation will severely cut jobs are undoubtedly widespread, ARK believes automation will empower people by increasing both their productivity and their wages. For example, automation can turn unpaid work into paid work. ARK predicts automation will add 5% ($ 1.2 trillion) to US GDP over the next five years.
Innovations aimed at lowering battery costs and autonomous technologies should seriously increase the power of unmanned aerial vehicles in the near future. ARK believes that in the not-too-distant future, drones will deliver packages, food and even people faster and more conveniently than ever before. The study’s authors predict that drone delivery platforms will receive approximately $ 275 billion for their services, $ 50 billion in equipment sales and $ 12 billion in mapping revenue by 2030.
3D printing can significantly save time, money and waste from production. The main difference between such production is that objects are created in it in layers, while traditional production involves the removal of part of the material from larger blocks to obtain an object of the desired shape. 3D printing reduces the time between design and production, and seriously shortens the supply chain. ARK predicts that 3D printing will revolutionize manufacturing, and its market will grow to $ 120 billion by 2025.
Other curious predictions of this study are available in the original material at the website.
Retail Innovation Tech Alliance (RITA) has completed the sixth selection of startups to implement joint projects with the largest retail and technology corporations in Russia and Kazakhstan.
MoreThere are 3 days left until the end of the selection of startups conducted by Retail Innovation Tech Alliance (RITA).
MoreOctober 20, 2021 Moscow – The Retail Innovation Tech Alliance (RITA) announces the sixth selection of startups to implement joint projects with the largest retail and technology corporations in Russia and Kazakhstan.
MoreOn October 14, the pitch sessions of the finalists of the Finlanding took place. 12 companies presented their projects to the experts of Helsinki Centre, NewCo Helsinki and Helsinki Business Hub.
More2020 was a record year for investments in startups in Finland. 10 years ago, the amount of financing for young companies was 8 times less.
MoreOn September 20, the acceptance of applications for technological projects within the Finlanding program ended. We would like to share its results with you.
MoreFinlanding, a program to support technology companies, continues to accept applications. Representatives of the program organizers – the Helsinki Center in St. Petersburg and the Helsinki Business Hub – talked to Evgenia Barchenko, the chief of operating officer of GoTech Innovation consulting company, about what helps Russian startups to develop in Finland, and how to successfully pass the current selection.
MoreHelsinki is one of the leading cities in the world in terms of infrastructure development to support startups. Every year, new institutions for the development of young companies appear in the region, where future unicorns, known all over the world, grow up.
MoreToday we want to share the stories of Verspeak and Suomzilla. Co-founder and CEO of GoTech Innovation Irina Kalashnikova spoke with the founder and CEO of Verspeak Ruslan Musin and a board member of Suomzilla Alexander Krylov about why they decided to go to Finland, what they have already done over the past year in a new country for themselves, what advice they can give other entrepreneurs.
MoreFor the first year of Retail Innovation Tech Alliance (RITA), M.Video-Eldorado’s innovative division managed to select more than 20 technological solutions, with which it is actively working. RITA was initiated in February 2020 by X5 Group, Beeline, M.Video-Eldorado Group, and Hoff to scout and adopt innovations. GoTech Innovation acted as a scouting operator in Russia, CIS, Europe in spring and autumn 2020.
MoreGoTech team has been working with startups for more than 10 years. If you want to run a corporate accelerator, prepare to hold a contest, conference, hackathon, pitch-session or any other event, where it comes to startups and technologies – let’s get acquainted, we will be glad to help.
GoTech is a leader in the field of technology scouting. Our funnel numbers more than 12 000 startups from 50 countries and is constantly updated. Experienced team and international partner network allow finding solutions for corporate tasks and startups for investment in Russia, CIS, Europe, Asia, and Latin America.
We use our own TechScout platform to work with startups. Now it is available for wide use. With the help of TechScout, you will be able to collect applications from startups on your website, manage the pipeline, organize the work of experts and monitor the results of the assessment.