‘It’s not a creator-based universe anymore, it’s an algorithm-based universe’ – 20 quotes on digital transformation
Launched in 2014, StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week (see the previous edition here). This special series of quotes focuses on the increasing impact of digital media around the world. Share these 25 gems and insights with your colleagues and networks, and check back to the original articles for more insights.
The rise of ecommerce provided a new playbook for rapid brand building. – Mohit Rana, Redseer Strategy Consultants Martech acts as a significant decision-making instrument that helps in figuring out the right channels, the right journeys, customer segments and programmes. – Gunnidhi Singh Sareen, Head Digital Works Enhancing opportunities and productivity of the MSME sector have large-scale implications for a resilient production ecosystem, thus strengthening the growth prospects of the industry and the economy as a whole. – Economic Survey 2023 When it comes to earning and building trust, compliance is not enough. – Harvey Jang, Cisco
While organisations have always needed security and privacy to earn and build customer trust, today’s business environment has made them mission-critical. – Samir Kumar Mishra, Cisco Globally, IT businesses are at the cusp of transforming their fundamental operational processes to emphasise diversity and employee-related policies. – Mukesh Gandhi, Creative Synergies Group When you own the entire engineering cycle, from conception to fabrication, there is a huge amount of synergy you can ensure from end to end. – Arjun Arunachalam, Voxelgrids Innovations
The freight forwarding industry is a cornerstone of the global trade economy and despite the massive size, much of the industry remains constrained by manual processes and runs on paper, Excel sheets, and phone calls. – Mayank Porwal, Sequoia India
With low operational costs, cloud kitchens can encourage entrepreneurship in the country and give consumers access to economical food options. – Prerna Kalra, Daalchini Technologies The next phase of the Indian technology story will be graduating these unicorns to exits via IPOs and the coming years should see a flurry of activity in that direction. – Rehan Yar Khan, Orios Venture Partners India saw the birth of 24 unicorns in 2022, becoming the third country to house a hundred unicorns. One out of 13 unicorns globally was born in India. – Orios Venture Partners Indian SMEs are highly price-sensitive and are tough on accepting frequent upward price revisions. That squeezed the margins of B2B SaaS companies, leading them to look for a dollar or euro-paying markets. – Vishal Prakash Shah, Synersoft
It’s projected that India will add almost 85,000 digitally skilled graduates every year for the next five years. – Matthias Schacke, UBS
India is among the select few countries globally to have its own digital currency. The Digital Rupee, which is a tokenised digital version of the Indian Rupee, is a resilient, safe and additional avenue to users for making payments. – Bijith Bhaskar, ICICI Bank We are pleased that the [Indian] government has recognised the importance of a technology-driven and skill-enhanced economy. It provides a strong impetus for growth and job creation. – Prateek Maheshwari, Physics Wallah Bringing in the National Data Governance Policy is a game-changer for the research and innovation ecosystem, providing access to non-personal and anonymised data from both government and private entities. – Ruchir Shukla, SafeHouse Tech A one-stop solution for identity using Digilocker and Aadhaar was needed for long. – Divam Sharma, Green Portfolio
Reference Link:- https://yourstory.com/2023/02/quotes-digital-transformation-creator-algorithm-content-impact