The Future of Hardware Entrepreneurs

One of the major area that is quite important in the tech industry is the Hardware technology . Its a popular belief that venturing into hardware development is harder compared to other ventures , such as SaaS, which is software as a service.

Apart from Hardware technology startup, the next hard venture is what we Moonshot projects. This involves a lot of ventures  doing things completely out of the box. These ventures are most times heavily funded. They always require heavy capitals. But its also without doubt , that the advantage that venturing into Hardware technology has over other area of development is that it tends to stay longer in market than most software ventures.

This is owing to the fact that Software ventures are easy replicate and therefore easily replaceable compared to Hardware technology which involves a huge capital to set Up.

Moreover , hardware technology has received quite a huge emphasis in the technology industry and its moving up quite fast and rapid . It sustains the other branches in the tech industry. Over the years very few hardware technology company has ever had to shut down. Most of the hardware tech companies have sustained across a long period of time.

The entire finance being poured into the HardTech industry is able to build a huge constellation of several young software companies, but HardTech company is really worth that much investment.

I remember clearly that Adekunle Silas once said that " HardTech is Hard " that can be very funning but its the bitter truth a huge lot of Hardware entreprenuers would not want to face and it would be important they are vastly aware of what is happening.

The question then is , Can we do without Hardware ventures?
The straight answer is "NO"

Intel is one sort of flourishing hardware chip / System of Chip company , SoC, that has flourished over times , since the beginning of the Silicon Valley venture.

There are a huge load of opportunities in the Hardware Ecosystem , but they are for the strong and courage but it will be worth.


I would talk more about this more on my blog. Pitching Hardware technology against Software Technology.

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