Cleantech & Fintech

As increasingly more scientists are warning about climate change and the climate effect on people’s lives, there is a consistent engineering effort into reducing anthropogenic climate change primarily by reducing the greenhouse gases our industries in our lifestyles produce.

This article aims to describe what cleantech (clean technology) is and how it relates to fintech (financial technology). The people’s understanding of these terms primarily come from articles, audio or video published on the internet or aired on TV. We will discover how people document themselves with regards to clean tech and fintech, around the world.

The difference between Cleantech and Fintech in terms of search interests is very high (in favour of Fintech)

Fintech (financial technology) = aims to use technology in the field of financial services as a competitor to traditional means and methods used in the financial sector.

Today’s micro-trends show a great disparity between cleantech and fintech in favour of fintech. Reasons being that financial technologies are very well represented in Media both online and on TV. Cleantech however is still a niche term. Online, cleantech is deeply associated with the current climate change studies and it is related to a solution for reducing global warming factors produced by humans.

It seems to be consistent with an even greater disparity looking back from December 2018 until today. Fintech is clearly the winner, maybe not only because of the greater media coverage but also because it promises an entrance to the financial industry for companies and specialists who provide IT services. IT experts are exponentially growing in numbers as our society becomes more and more dependent on technology.

On the other side, cleantech is seen as niche technology and to date there are no massive breakthroughs or return on investment for such technologies. Consequently the media coverage is farm or reduced then the one of fintech. This results in a much lower interest manifested by people went searching the Web for the term cleantech.

In the past 30 days worldwide fintech kept its dominance. Below, the world map represents people internet searches on topics associated with fintech or cleantech. Larger more orange dots mark a high difference between fintech and cleantech, smaller bluish dots show where the search difference between the topics is low.

Some sample distributions below.

Cleantech & Fintech explore increasingly the adoption of AI in their service offerings and operations.

Cleantech however applies artificial intelligence more frequently in hardware than in software. You can imagine an agricultural use case where an autonomous harvesting machine powered by an electric engine can, alone or synchronised with other such machines, collect the crops in large fields. This task requires not only automation but also decision making. Of course the “intelligence” resides in the software that operates the autonomous machine, but from the outside, the manifestation of this technology can be considered hardware. There are also applications like drones distributing seeds, or aquatic drones collecting plastic waste from oceans or seas.

For industry, AI currently means as ‘Automation Intelligence’

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