by A recent report by Nasscom has found that a shortage of deep tech talent could hinder the growth of Indian B2B SaaS firms. The report, titled “DeepTech Potential in Indian B2B SaaS”, found that there is a lack of skilled professionals in areas such as artificial intelligence (AI), machine learning (ML), and natural language processing (NLP).
The report defines deep tech as “technologies that are based on scientific advances and have the potential to disrupt existing industries”. Deep tech is essential for the development of B2B SaaS products and services. However, the report found that there is a shortage of deep tech talent in India.
The report found that there are only about 50,000 deep tech professionals in India. This is a small number compared to the demand for deep tech talent from B2B SaaS firms. The report predicts that the demand for deep tech talent will grow to 200,000 by 2025.
The report also found that the cost of hiring deep-tech talent is high. This is because deep tech professionals are in high demand and they are often poached by other companies.
The shortage of deep tech talent could hinder the growth of Indian B2B SaaS firms. The report found that 80% of B2B SaaS firms say that the shortage of deep tech talent is a major challenge.
The report recommends that the government and industry take steps to address the shortage of deep tech talent. These steps include increasing the number of STEM (science, technology, engineering, and mathematics) graduates, providing scholarships for deep tech education, and creating a more favorable ecosystem for deep tech startups.
The report is a warning to Indian B2B SaaS firms. The report found that the shortage of deep tech talent is a major challenge and it could hinder the growth of the industry. The report recommends that the government and industry take steps to address the shortage of deep tech talent.
