Deep tech, a classification of technology aimed at providing solutions based on substantial scientific or engineering challenges to previously intractable business problems, is gaining mainstream attention. While once confined to labs and universities, it is now realizing its fullest potential in usable, scalable, commercial applications.
While the gap between theory and application is a wide one, the looming pressure of competition and the significant promise of eventual high ROI are driving more and more companies to investigate and eventually invest in deep tech solutions.
To better understand how companies are managing this new business challenge, Seeqc surveyed more than 200 decision-makers at large enterprises (1,000 or more employees) across various verticals who were actively investigating deep tech solutions. The results illustrate deep tech’s burgeoning landscape — one rich with opportunity, but fraught with risk.