2025’s Next Big Tech Revolution
With 2024 driven by technological innovation and AI, a new class of technology is taking centre stage in 2025:
Soctech (Social Impact Technology).
What is Soctech
Soctech represents a new category of technology designed specifically to drive social change. Unlike traditional tech sectors that focus on consumer needs or business efficiencies, Soctech is about leveraging innovation to create measurable social and environmental impact. It targets areas such as sustainability, health equity, the wealth divide and community empowerment - offering solutions that align with global goals like the United Nations’ Sustainable Development Goals (UNSDGs).
Why is Sotech set to boom in 2025
The rise of Soctech is driven by several converging trends:
Increased focus on ESG (Environmental, Social, and Governance): Investors are increasingly prioritising ESG criteria and Soctech provides a direct avenue to meet these goals while achieving competitive returns.
Global policy alignment: Governments and organisations worldwide are implementing policies and incentives to support technologies that address social challenges, creating fertile ground for Soctech innovations.
Consumer demand for ethical practices: Modern consumers prefer brands and services that demonstrate a commitment to social responsibility. Soctech companies align perfectly with these preferences, creating a built-in demand for their offerings.
A new dawn for purpose-driven investment
As the line between social responsibility and profitability continues to blur, Soctech is emerging as the bridge that unites these two priorities. By investing in this new asset class, stakeholders can drive transformative change while achieving meaningful financial outcomes.
2025 is shaping up to be the tipping point for Soctech - a movement that is not just reshaping technology but also redefining the very concept of value creation.