“E-commerce has been an enabling force” – 30 quotes of the week 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 30 gems and ideas with your colleagues and networks, and come back to the original articles for more information.

If you look back five years ago, it would have been hard to imagine the impact data has today on building sustainable and fair businesses on a large scale. – Ravi Chabria, NetApp

Where traditional media formats limited the frequency of engagement, digital media platforms allow for an almost continuous connection with potential consumers, dramatically accelerating growth trajectories. – Anupam Bokey, Allied Blenders & Distillers

Marketing can become 10x more effective if every team that plays a role in attracting consumers can collaborate and work together using accurate AI-powered information. – Shubham A Mishra, Pyxis One

With phone calls, you can make deeper connections and answer more complex queries that can help you build customer loyalty. – Pradeep Rathinam, Freshworks

Although video surveillance has ubiquitous coverage, it is used very passively. It is only in the event of an incident, crime or vandalism that officers retrieve video footage to understand what happened. – Abhijit Shanbhag, Graymatics

Flexible warehousing offers great potential in our country as retail and e-commerce are poised to experience increased growth. The response we have received from our clients is also a testament to this opportunity. – Vivek Tiwari, Godamwale

The more you learn, the more optimized code you write. -Hima Kurian, Intuit

Choosing a good college and a good course continues to be the most difficult decision in any student’s life. – Abhishek Sanghvi, Ecosystem Ventures

Higher education is a $ 3 trillion market worldwide, and no company will solve this problem or the retraining challenge. – Ashwin Damera, Scholar

Learning music is online for major disruption. As with music creation, distribution and monetization, technology coupled with the growing Indian aspirations for extracurricular activities will expand the market for learning music on many levels. – Rajan Navani, Jetsynthsys

Learning must be done by doing. – Bhavik Rathod, DIY.Org

Augmented reality and virtual reality make studies interactive and communicative, allowing students to stay focused and attentive and engage in effective learning experiences. – Uttam Kumar Pandey, Perceived Design

The ability to identify sources of pollution, major pollutants and violations of industry regulations in real time, combined with effective governance, is the way forward for a greener future. – Sudheesh Narayanan, Lens of Knowledge

If you look at all of the top companies in the data business, they generate roughly $ 7 billion in free cash flow, which is one of the highest of any industry. – Neha sighs, Tracxn

Early stage fintechs are not being served adequately, in part because of the high governance costs for banks to support early stage companies, coupled with the uncertainty surrounding the business model or scalability. – Madhusudanan R, M2P Fintech

The future of financial services is personalized advice and products available in real time and at scale. – Varun Modi, Bright Money

The power of event technology is indeed poised to redefine the event planning experience, helping planners deliver a completely transparent and highly efficient show. – Jaya Pandey, Spalba

It is absolutely essential that India is no longer synonymous with software alone, in an area where India is synonymous with technology, deep technology and physical technology. – Nivruti Rai, Intel India

Funding in the D2C sector increased by 251% in the first seven months of 2021. The reason for this is the new growth field identified and the performance of innovative business models in the field. – Neeraj Tyagi, founding circle of We

Level II cities are finally ready to become the tech hotspot. – Kumar Vembu, Gofrugal

Just three years ago, it was unimaginable that rural Indians would pay monthly subscription fees to Netflix and YouTube, which is normal today. – Siddharth Dialani, Bharat Agri

Bharat traders account for 30% of India’s GDP and reach 460 million people. It is therefore important to meet the needs of these merchants and bring the power of digital banking to them as it has a direct impact on the Indian economy. – Mohan K, IppoPay

Funding in semi-urban and rural areas is under-penetrated. – Sujit Jain, Curesense Therapeutics

Language is a major barrier facing Indian MSMEs [in ecommerce]. – Sumit Sahay, Amazonian India

The Indian drone market may reach Rs 50,000 crore over the next five years and we are also seeing big political reforms from the government. – Jatin Patel, Enercomp

A few years ago having a .com domain name meant you were a global business. However, the rules of the game have changed now. Today, you can do the same with a .in and reach a global audience. It is just as powerful as a .com domain name. – Nikhil Parekh, Schmancy

Crypto can build billion dollar businesses in India and drive the country’s growth. It will also help the government to collect more taxes. Now we are waiting to see if India will participate in the change or remain on the fence. – Avinash Shekhar, ZebPay

With the advent of AI, data, and ML, there is no doubt that the online gift markets will continue to grow exponentially over the years. – Tarun Joshi, Join companies

The value of digital commerce and its potential for enabling small businesses to grow quickly is well known and accepted. – Rajneesh Kumar, Flipkart Group

The next step in the evolution of e-commerce is with brand aggregators. – Aqib Mohammed, Powerhouse91

E-commerce has been an enabling force, providing value and access for sellers and consumers. – Kalyan Krishnamurthy, Flipkart Group

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).



About Author

Comments are closed.