Here are four startup opportunities for entrepreneurs in 2017 to peak your interest:
Healthy Living for Baby Boomers
Thousands of products are launched worldwide each year intended exclusively for baby boomers to help them maintain their health and lifestyles.
The food industry has plugged into the special dietary needs of the aging. A baby food company in Japan has released a product line for seniors. The vacuum-packed food pouches are labeled by texture, such as “no chew,” “crushable with tongue,” “crushable with gums” and “easy to chew.”
This growing market is taking off in the US, with food manufacturers making meals that are easier for the elderly to swallow. Modified foods R&D is an opportunity to tap into nutrition science in 2017. Better get moving!
Interestingly, the technology that launched graphics processor units, or GPUs, in the 1990s gave birth to our current accelerated video game 3-D graphics and virtual reality headsets. It’s also an almost flawless fit for the cutting-edge area of AI's "Deep Learning."
Deep Learning empowers a computer to learn by itself, without programmers. Medical equipment, data centers, 3-D printers, autonomous automobiles, and robotics all run with Nvidia chips.
This unprecedented shift in technology will have an impact on the education, agriculture, medicine, and transportation industries initially.
Investment in Big Data continues to increase across industries globally. Banking, education, retail, healthcare, and manufacturing, as well as government agencies, are committing to Big Data in 2017.
Massive data volume and diverse sources are being integrated with advanced analytics to forecast customer behaviors, leading to improved decision-making and smarter business moves. It's an efficient way to market products, handle transactions, and retrieve lost business.
How an organization defines its data strategy, including its choice of big data and cloud technologies, will make a critical difference in its ability to compete in the future. Stay ahead of the curve on this one whether you're an entrepreneur or not!
The Internet of Things
The IoT refers to the connection of Big Data to the Internet. Cars, appliances, wristwatches and heart monitors can all be connected through the IoT.
One IoT device connects to another IoT device to transmit information back and forth using Internet transfer protocols.
IoT platforms are the bridges between the devices' sensors and the data networks.
As devices become more connected, security and privacy become a concern among both consumers and businesses. Cyber attacks are a constant threat. The labyrinth that is the Internet of Things is ripe for innovative engineers.
Support for startups is only a handshake away. Contact us. We'd be happy to answer any questions you may have for the success of your business in 2017. Happy New Year!