‘Without the right culture, even the best tool may not help you achieve your goals’ – 35 quotes on digital transformation
From digital change to Digital India, these quotes from the week of September 20-26 capture tech impacts sweeping across the world.
Launched in 2014, StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week. This special series of quotes focuses on the increasing impact of digital media in India and around the world (see the previous post here). Share these 35 gems and insights with your colleagues and networks, and check back to the original articles for more insights.
The design and the content on the website is the first pitch that you make to a client. - Kkanchi Goel, MK Writes
For any business wanting to scale, a website is a bare minimum marketing collateral. - Shabbir Merchant, Pragmatic Technologies
Conversational experiences are becoming the key to business-customer interactions. - Beerud Sheth, Gupshup
Audiences no longer trust brands promoted by big-name celebrities who have no real-world knowledge or experience with the brand or its products. - Varun Satia, Kraftshala
The OTT space is exploding and is becoming the first choice to access content around the world. The industry is expected to grow at a CAGR of 28.6 percent. - Vikrant Varshney, SucSEED Indovation Fund
An integrated approach to care delivery is key to better patient experiences and outcomes. So far, we’ve been helping patients connect with doctors, both digitally and in person. - Shashank ND, Practo
The National Digital Health ecosystem will be a one-stop solution for the healthcare needs of the common man. - PM-DHM
The healthcare ecosystem needs deep digital transformation to deliver efficient care. - Prakash Parthasarathy, Creaegis
Artificial Intelligence has seen good applications in [drug discovery]. A lot of startups have sprung up who aim at providing cheaper and effective ways to access protein folding. - Vinay Phadnis, Shubu.ai
Cutting edge technologies are being used in many complex treatments and surgeries. These are early days for application of AI and ML at the diagnostic stage, not only in India but worldwide. - Ankur Mittal, Inflection Point Ventures
DAOs (decentralised autonomous organisations) are a radical, paradigm shift where everyone in the organisation can participate in decision-making transparently on blockchain. - Sandeep Nailwal, Polygon
The partnerships between research, academics, government, and industry, will result in the next paradigm shifts in education. - Seethaprasad Mandikel, TriByte Technologies
The value proposition that D2C brands offer is hard to beat – multiple choices, better quality products, affordable prices – and shipped directly from the manufacturer or factory. - Kabir Siddiq, SleepyCat
Cashback and rewards are a significant part of the e-commerce ecosystem. - Ashish Virmani, HappyCredit
The shift towards Pay Later solutions is a global phenomenon and represents young digital consumers looking for transparency, honesty and no hidden charges in financial products. - Lizzie Chapman, ZestMoney
India has a vibrant homegrown digital ecosystem and is one of the select few countries (incl. China, USA) where homegrown Digital companies dominate the internet market. - RedSeer
Online gaming has the ability to digitise traditional Indian games that can engage the next 500 million smartphone users with the flexibility to use local languages to capture regional markets. - Shahan Sud, IAN
The Indian cloud kitchen market is expected to grow five-fold from 2019 to 2024 to reach $ 2 billion and we expect Auntie Fung’s to grow even faster and become a brand to reckon with. - Manish Johari, Lead Angels
There is a large opportunity in providing financial products and services to small businesses in India and Southeast Asia. - Aakash Agrawal, Earlsfield Capital
Security guards, street vendors, call centre executives, workers in small and medium-sized enterprises…they have no access to formal credit. - Manideep Vasa, Coine.ai
Decision-making in home construction is inherently a ‘social’ activity. The homeowners go through huge volumes of content and interact with their family, relatives, and service professionals to make decisions about their ‘dream home’. - Jery Althaf, Kolo
Spiritual services have played a key role in people’s lives, and today’s young generation is keen to adopt new ways to implement in their daily routines. - Saarthak Singh, Emerging Vision
Learning in one’s mother tongue empowers young students to think and harness their coding skills more effectively to become excellent coders for tomorrow. - Mridul Ranjan Sahu, CuriousJr
Writing as a medium of expression in regional languages needs to have an online platform, where Indian people can share and easily reach out to varied audiences. - Sanjyot Bhosale, Bluepad
Helping India's grey and blue-collar workers find employment opportunities, upskilling them, and also enabling advertisers (e.g., a pipes company marketing to plumbers) is a very large and compelling opportunity. - Harshjit Sethi, Sequoia India
The new Drone Rules will tremendously help start-ups and our youth working in this sector. It will open up new possibilities for innovation and business. - Prime Minister Narendra Modi
Both battery electric vehicle and fuel cell vehicle technologies are complementary to each other and are all set to overtake fossil-run automotive by 2050 in the country. - Union Minister Nitin Gadkari
The transition towards sustainable mobility is an unstoppable global trend. - Manas Gupta, angel investor
India is predominantly a bus country. Buses are the lifeline because trains cannot reach every nook and corner. However, the bus ecosystem hasn’t kept up with international standards. - Amit Gupta, gogoBus
Used vehicles represent one of the largest retail categories globally with virtually no online penetration in used two-wheelers in India. - Ritesh Banglani, Stellaris Venture Partners
Traditionally, car selling or buying have been a tiresome process, and only 2 of 100 people own cars in India. - Vikram Chopra, CARS24
The adoption of digital payment solutions for public transportation like buses is inevitable and a necessity that affects a large part of population on a daily basis. - Vivek Kumar, PayCardo
Small businesses are the real heroes of our economy. In order to power the SMB economy with technology, one needs deep understanding, instinct and empathy for this audience. - Tejeshwi Sharma, Sequoia Capital India
Technology is transformative, and can truly change the world. - Aarush Yadav, GreenSat Innovation Labs
In today's world, business model innovation, combined with the use of technology is really driving disruption in the business world. - Irving Tan, Cisco Systems
Without the right culture, even the best tool may not help you achieve your goals. - Vala Afshar, Salesforce
YourStory has also published the pocketbook ‘Proverbs and Quotes for Entrepreneurs: A World of Inspiration for Startups’ as a creative and motivational guide for innovators (downloadable as apps here: Apple, Android).
YourStory’s flagship startup-tech and leadership conference will return virtually for its 13th edition on October 25-30, 2021. Sign up for updates on TechSparks or to express your interest in partnerships and speaker opportunities here.
For more on TechSparks 2021, click here.
Edited by Megha Reddy
