Insights from our first Assessing China program in industrial IoT, and how startups can accelerate business development in China. Comet’s Assessing China program for Industry 4.0 startups had a simple goal — bring the top AI/robotics startups in a specific industry to China to meet with leading companies and de-risk go-to-market partnerships for both sides.
Samiron Ray talks about investing in AI, strategies for evaluating AI startups, and why AI startups don’t fit the typical lean startup model on the Future Tech Podcast.
Over the last half century, China has evolved into a manufacturing powerhouse, maintaining the title as the world’s greatest exporter since 2009. But the low-wage and high-savings business models of China’s manufacturers is now proving to be insufficient in competing with advanced economies across the globe.
Technology companies face a difficult decision right now: enter China to catch expansion opportunities before it’s too late, or wait to see how market dynamics develop? It’s a daunting challenge for a company to do alone. Perhaps the question then should be: who’s already established in China that can help simplify the process?