Deep Knowledge Analytics (DKA)- an analytics company, on May 24th announced a beta version of a data analytics platform to support technology startup growth in Ukraine. The newly established platform aims to attract $1 billion in AI and DeepTech investments to Ukraine over a foreseeable period of time.
The UK-based company has a global footprint and provides analytics solutions in the Deep Tech industry with expertise in market intelligence, forecasting and industry benchmarking. DKA uses its expertise in data analytics to offer an analytics driven platform for entrepreneurs.
A Data Analytics platform is a software service that offers a ‘quick and fast’ way of establishing investor relations with key investment bodies for AI startups growth. This is achieved through key insights extraction enabled by the data analytics process.
War and Data Analytics in Ukraine
War- the most dreaded phenomena, almost always plays a negative role in economic growth of country because of loss of physical and human capital. New investments in trading activities reduces because investor confidence is lost in country’s physical and human capital.
Perhaps, DKA’s new analytics platform is the most critical solution that Ukraine needs at this stage of economic, and social ailing.
The platform provides credible data as well as analytics tools to investors and companies that help the two bodies quickly engage with each other. The features includes: market data analysis report on AI and Deep Tech industry of Ukraine, smart matching tools, and investor-relations optimization tools.
We seek into DKA’s market report to see how the initiative could benefit the country in salvaging it’s economic growth. Quite fortunately, the market data shows that Ukraine currently has 450 local companies that offer AI/ML services and are a good opportunity for investors to consider.
Interestingly, as the report highlights, Ukraine has demonstrated a 20-25% growth rate in IT services in the start of 2022. Ukraine also houses 200,000 technicians that effectively meet demand for technology development.
Post war forecast shows that 41% of Ukrainian startups lack investments but 72% will try to continue operating.
The report also highlights the ‘challenges’ in Ukraine’s AI and Deep Tech ecosystem and offers robust recommendations including ‘missing’ analytics platforms’ that could empower businessmen and investors to participate in investment opportunities available country wide.
Inside the Platform
DKA’s platform is a collaborative one which means that it involves both investors and companies. When both investors and companies input their requirements in the platform, data-driven suggestions are offered from the smart matching dashboard.
These matching dashboards include: Investors to company smart matching, and company to company smart matching.
While the investor-to-company feature equips both investor and companies in matching process, the ‘company to company matching’ feature is a unique addition that spots interdependencies among companies and offers suggestion of helpful hands that could back each other in times of need.
Apart from the smart matching features of DKA’s platform, a SWOT assessment of companies is also available that could help both investors and other companies to make careful investment decisions.
Another interesting feature is the Investor Relationship Management- IRM tool. It tracks the relationship among investor and company via a dashboard. Companies could track their relationship with investors to build timely strategies.
While beta version carries all the above features, upcoming version will be enhance investor relations optimization using legal document compilation on investment process.
By highlighting potential investment opportunities in Ukraine’s AI and deep tech industry, DKA’s post war rebuilding initiative reduces the space between investors and startups
Business Wire
