“Without the right culture, even the best tool may not help you achieve your goals” – 35 quotes on digital transformation
Launched in 2014, HistoryCocks is a weekly column of YourStory, with notable quotes in our articles from last week. This special series of quotes focuses on the growing impact of digital media in India and around the world (see the previous post here). Share these 35 gems and ideas with your colleagues and networks, and come back to the original articles for more information.
The design and content of the website is the first argument you make to a customer. – Kkanchi Goel, MK writes
For any business wishing to grow, a website is a minimum marketing guarantee. – Shabbir Merchant, Pragmatic Technologies
Conversational experiences are becoming the key to business-customer interactions. – Beerud Sheth, Gupshup
The public no longer trusts brands promoted by big name celebrities who have no real world knowledge or experience with the brand or its products. – Varun Satia, Kraftsala
The OTT space is exploding and becoming the number one choice for accessing content worldwide. The industry is expected to grow at a CAGR of 28.6 percent. – Vikrant Varshney, SucSEED Innovation Fund
An integrated approach to the delivery of care is essential to better patient experiences and outcomes. So far, we’ve helped 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 health needs of the common man. – PM-DHM
The healthcare ecosystem needs a profound digital transformation to deliver effective healthcare. – Prakash Parthasarathy, Créaegis
Artificial intelligence has seen good applications in [drug discovery]. Many startups have sprung up that aim to provide cheaper and more efficient ways to access protein folding. – Vinay Phadnis, Shubu.ai
Advanced technologies are used in many complex treatments and surgeries. These are the first days for the application of AI and machine learning at the diagnostic stage, not only in India but around the world. – Ankur Mittal, Inflection Point Ventures
DAOs (Decentralized Autonomous Organizations) are a radical paradigm shift where everyone in the organization can participate in decision making seamlessly on the blockchain. – Sandeep Nailwal, Polygon
Partnerships between research, academics, government and industry will drive the next paradigm shifts in education. – Seethaprasad Mandikel, TriByte Technologies
The value proposition offered by D2C brands is hard to beat – multiple choices, higher quality products, affordable prices – and ships direct from the manufacturer or factory. – Kabir Siddiq, Sleeping Cat
Cashback and rewards are an important part of the ecommerce ecosystem. – Ashish Virmani, HappyCredit
The move towards Pay Later solutions is a global phenomenon and represents young digital consumers seeking transparency, honesty and no hidden fees in financial products. – Lizzie Chapman, ZestMoney
India has a vibrant local digital ecosystem and is one of the few countries (including China and the United States) where local digital businesses dominate the internet market. – RedSeer
Online games have the capacity to digitize traditional Indian games that can engage the next 500 million smartphone users with the ability to use local languages ââto conquer regional markets. – Shahan South, IAN
The Indian cloud cooking market is expected to quintuple from 2019 to 2024 to reach $ 2 billion and we expect Auntie Fung’s to grow even faster and become a brand to be reckoned with. – Manish Johari, principal angels
There is a great opportunity to provide financial products and services to small businesses in India and South East Asia. – Aakash Agrawal, Earlsfield Capital
Security guards, street vendors, call center executives, workers in small and medium-sized businesses⦠they do not have access to formal credit. – Manideep Vasa, Coine.ai
Decision making in house building is inherently a “social” activity. Homeowners browse huge volumes of content and interact with family, loved ones and service professionals to make decisions about their âdream homeâ. -Jery Althaf, Kolo
Spiritual services have played a key role in people’s lives, and today’s younger generation is eager to embrace new ways of implementing them into their daily routines. – Saarthak Singh, Emerging Vision
Learning in one’s native language enables young students to think more effectively and use their coding skills to become great coders for tomorrow. – Mridul Ranjan Sahu, CuriousJr
Writing as a medium of expression in regional languages ââmust have an online platform, where Indians can easily share and reach diverse audiences. – Sanjyot Bhosale, Bluepad
Helping blue and gray collar workers in India to find employment opportunities, develop them, and also empower advertisers (for example, a pipe company selling pipes to plumbers) is a very important and compelling opportunity. – Harshjit Sethi, Sequoia India
The new drone rules will help start-ups and our young people working in this sector enormously. It will open up new opportunities for innovation and business. – Prime Minister Narendra Modi
Battery-electric vehicle and fuel cell vehicle technologies are complementary to each other and are all expected to overtake the fossil-fueled automobile by 2050 in the country. – Union Minister Nitin Gadkari
The transition to sustainable mobility is an unstoppable global trend. – Manas Gupta, angel investor
India is primarily a bus country. Buses are the lifeline as trains cannot reach every nook and cranny. However, the bus ecosystem has not followed international standards. – Amit Gupta, gogoBus
Used vehicles represent one of the largest retail categories in the world with virtually no online penetration of used two-wheelers in India. – Ritesh Banglani, Stellaris Venture Partners
Traditionally, selling or buying a car is a tedious process and only 2 in 100 people own a car in India. – Vikram Chopra, CARS24
The adoption of digital payment solutions for public transport such as buses is inevitable and a necessity that affects a large part of the population on a daily basis. – Vivek Kumar, PayCardo
Small businesses are the real heroes of our economy. In order to propel the SME economy with technology, it takes a deep understanding, instinct and empathy for this audience. – Tejeshwi Sharma, Sequoia Capital India
Technology is transformative and can really change the world. – Aarush Yadav, GreenSat Innovation Labs
In today’s world, the innovation of business models, combined with the use of technology, is really causing 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 also published the paperback “Proverbs and quotes for entrepreneurs: a world of inspiration for startups” as a creative and motivating guide for innovators (downloadable as apps here: Apple, Android).
YourStory’s flagship startup and leadership conference will be virtually back for its 13th edition from October 25-30, 2021. Sign up to receive updates on TechSparks or to express your interest in partnerships and speaker opportunities . here.
To learn more about TechSparks 2021, click on here.