Türkiye and Portugal have introduced a choice to determine a joint know-how platform with the participation of establishments and firms from each nations, in keeping with a senior business government.
The announcement got here on the sidelines of the Web Summit, one of many world’s largest know-how and entrepreneurship conferences, held in Lisbon, Portugal.
“We have agreed to create a technology platform with the participation of institutions and companies from both countries,” Erdem Erkul, head of the Foreign Economic Relations Board (DEIK) Digital Business Council, mentioned.
Represented beneath the council, Türkiye showcased 22 technology-focused startups and governmental establishments in a devoted exhibition house on the occasion that lasted by way of Thursday. Participating startups gained worthwhile insights for progress, collaboration, and market entry overseas.
Erkul emphasised the significance of financial collaboration, highlighting the potential of the newly established Türkiye-Portugal cooperation platform.
“We previously established a similar platform with Spain, where we held our first meeting in Madrid, and we will continue in Istanbul in December. This platform, with companies and institutions from Türkiye and Portugal, will benefit both startups and large companies,” he famous.
“We aim to facilitate trade diplomacy and reduce bureaucratic barriers. This cooperation platform will provide an economic impact that will be clearly visible.”
The stand at Web Summit 2024 acquired a go to from Türkiye’s Ambassador to Portugal, Haldun Koç, and introduced collectively members of the Turkish diaspora. Deputy Minister of Industry and Technology Zekeriya Coştu additionally engaged with Turkish startups and joined actions on the DEIK sales space and Web Summit convention space.
Spotlight on 22 startups
Erkul expressed pleasure over Türkiye’s presence at one of many world’s largest know-how occasions.
“I have long referred to those who work tirelessly to make Türkiye a hub in the technology sector as ‘the unyielding ones.’ As we enhance our global business expertise, we see the importance of resilience. From gaming to artificial intelligence, numerous startups demonstrate that Türkiye’s talent pool is a critical component,” he famous.
“Twenty-two startups from Türkiye, aiming for global business growth, are participating. With the support of our institutions, DEIK will continue to bring together the unwavering ones.”
Gaming, protection, retail
Türkiye’s world attain in sectors like gaming, retail, and protection has paved the way in which for a lot of startups. DEIK’s Web Summit sales space showcased corporations like Aselsan from the protection business and the Startgate accelerator program supporting gaming ventures.
Other startups specializing in buyer expertise and advertising and marketing had been additionally current, inspired by Türkiye’s dynamic retail sector to develop options in these areas.
Differentiation by way of focus
TT Ventures, a enterprise capital subsidiary of Türk Telekom, was among the many establishments collaborating in Web Summit 2024 with DEIK. TT Ventures supported the participation of two startups, and together with DEIK-supported ventures, they’re backing corporations making their technique to the worldwide stage.
TT Ventures General Manager Muhammed Özhan provided insights and mentioned that turning into a globally aggressive startup requires a stable group and a powerful focus.
“Becoming a startup with the capability to operate globally requires a strong team and focus. Everyone is focusing on artificial intelligence technology, but highlighting the details of one’s expertise provides an advantage,” mentioned Özhan.
“When working with AI, achieving scale and implementing the solution with the right models through focused efforts contributes to differentiation. In short, focus makes life easier for startups that aim to scale.”
Togg takes middle stage
Togg, the producer of Türkiye’s first indigenous electrical automobile model, garnered important consideration with its exhibition house on the Web Summit’s entrance.
The firm showcased its Trumore utility. and the Togg 10F, fastback sedan.
Turkish startups additionally gathered on the Togg stand, which demonstrated superior buyer expertise fashions in leisure, buying, automobile administration, and artwork.
From cloud computing to AI
For the second consecutive 12 months, the joint participation of Turkish know-how startups in main world entrepreneurship occasions like Web Summit, Slush, CES, and Web Summit Qatar is being organized in collaboration with 5 growth companies coordinated by the Industry and Technology Ministry.
Over 100 Turkish know-how startups aiming to enter world markets have been taken to worldwide occasions in Lisbon, Helsinki, Las Vegas, and Doha, with the help of the Ankara Development Agency (ANKARAKA), Istanbul Development Agency (ISTKA), Western Mediterranean Development Agency (BAKA), Bursa Eskisehir Bilecik Development Agency (BEBKA), and Izmir Development Agency (IZKA).
Web Summit 2024 featured Turkish startups specializing in AI, machine studying, digital promoting, cloud applied sciences, and robotics, presenting their tasks to traders and establishments.
These included Bilgitransferi Technology, Codeo Engineering, CorPal Digital Health Technologies, Counterfake Software, E2P Information Technology, Finso Financial Technology Solutions, Forsico, Grispi, Kabi Partners, KAE System, Saha Robotics, Sizlik Business Project Development, Tiyatronet, WorkyBe, Wugo, MIOTE Software, Prowth, GGK Technology, Apollo XR, Girin Access Systems, Arimars Technology, Pabbler, Corridor Mobile Application, and Netta Software.
All these startups had the chance to current their tasks to traders and establishments attending the convention.
Massive crowds
Web Summit introduced that its 2024 occasion, which kicked off on Monday in Lisbon, had fully bought out, attracting over 70,000 contributors, a record-breaking 3,000+ exhibitor corporations, 1,000 traders, and a couple of,000 world media shops.
What makes Web Summit so fashionable?
Web Summit is not simply concerning the periods onstage; it is an occasion that extends into social media discussions and provides networking alternatives at dinners and leisure venues within the evenings.
The settlement with Lisbon spans 10 years, and in addition to the Portuguese capital, the occasion can also be held in Rio (Brazil) and Qatar.
The occasion extends into networking alternatives and has change into a hub for pursuits in social media, fintech, AI, and sustainability.
Meetups on the sidelines of the occasion are centered on social media and networking, schooling, finance, local weather change, gaming, VR and AR, knowledge science, automotive and mobility, funding, the way forward for work, fintech and funds, power, AI and machine studying, crypto, and fundraising.
Evening occasions, often known as the Night Summit, provide additional networking alternatives in Lisbon.
Digital expertise from schooling to gross sales
Cerebrum Tech, an entrepreneurship studio creating sustainable options in synthetic intelligence, the Internet of Things (IoT), recreation growth, and Web 3.0, was among the many startups represented on the Web Summit.
Cerebrum Tech develops revolutionary and globally customary functions in areas resembling sensible cities, sustainability, cybersecurity, synthetic intelligence, knowledge safety, and consulting. Its exercise sectors embrace recreation growth, sensible city planning, schooling, well being care, business, automotive, and protection.
As an entrepreneurship studio that believes within the potential of younger individuals, Cerebrum Tech goals to construct sustainable bridges between the digital and bodily worlds.
Measurement in digital promoting
Many establishments function on autopilot with regards to digital promoting. Digital promoting typically lacks measurement benchmarks, however Winfluencer, a Turkish startup, provides quantifiable metrics for digital promotion.
Co-founder Funda Yener highlighted the advantages of managing digital promotion investments based mostly on measurable values. She emphasised that collaborating in Web Summit with the help of DEIK aimed to search out clients and traders to enter world markets.
Key Trends at Web Summit: AI, regulation, local weather, funding
This 12 months’s version of Europe’s largest know-how summit, Web Summit, highlighted 4 dominant tendencies that captured contributors’ consideration: the enlargement of synthetic intelligence, social media rules, local weather change and inexperienced applied sciences, and the problem of securing funding.
These focal factors emphasised the summit’s pivotal position in shaping the way forward for know-how and addressing its societal impacts.
AI enlargement
Artificial intelligence took middle stage on the summit, with discussions spanning its functions and the moral debates surrounding its use. Talks, notably round generative AI, centered on its potential to reshape buyer experiences, drive business worth, and impression society at massive.
Panels that includes business icons like Tim Berners-Lee delved into AI’s affect on business and on a regular basis life, as attendees mentioned the place to start integrating these improvements.
Green tech, local weather change
With sustainability on the rise, inexperienced know-how and local weather options have been put ahead as a precedence. Sessions on carbon-reducing applied sciences, renewable power improvements, and initiatives selling environmental sustainability drew sturdy curiosity, underscoring the need of environmental accountability in know-how growth.
The current devastating flooding in Spain additionally underscored the urgency, prompting extra in-depth conversations on local weather resilience.
Social media rules
Social media’s affect and future, particularly beneath potential new regulatory frameworks, emerged as a vital subject. Panelists explored the potential impression of regulatory measures from entities just like the European Union and the way shifting world insurance policies might form social media’s position.
This theme highlighted the significance of know-how in guiding social habits and shaping world communication.
Funding shortage
Finally, the problem of securing funding resonated with attendees, as many startups wrestle to realize investor entry.
While the Web Summit supplied a worthwhile platform for startups to attach with potential traders, many famous that securing early-stage funding stays a big barrier.
The “PITCH” competitors provided entrepreneurs the prospect to showcase their tasks, but curiosity continues to shift towards established tech corporations and safer investments.
Source: www.dailysabah.com