Launched in 2014, StoryBites is a regular feature from YourStory, featuring notable quotable quotes in our past articles. Share these gems and insights with your colleagues and networks, and check back to the original content articles for more insights.
Drawn from our comprehensive coverage of entrepreneurship, innovation and technology, we present 50 estimates of the particular year on the continuing rise associated with digital media and tech transformation. See also our own annual quotations compilation through 2021 plus 2020 .
We have divided these types of 50 rates into eight categories: Data and decisions, Ecommerce, Democratisation, Creator economy, Enterprise impacts, Sectoral transformation, Tech trends, and The road ahead.
Check out YourStory’s Book Review section with over 350 titles on entrepreneurship, innovation, startups, leadership, and tech styles. See also our list of Top 10 Books of the Year for Entrepreneurs with regard to 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013 and 2012 .
YourStory wishes all founders, innovators, changemakers and storytellers a Happy Holiday Season, and all the best for success and impact in 2023!
Information and choices
Data science should be pervasive, embedded in your business processes. — Mohit Kumar, Udaan
Data is nothing without strategy. : Bernard Marr, ‘Data Strategy’
Data is soil, it’s fertile, it’s an ecosystem where you can make interesting applications. – Vimal Venkatram, Snowflake
It is all about refining raw data into actionable insights. — Rashmit Singh Sukhmani, SatSure
Data will play a crucial role in driving hyper-personalised experience. – Gaurav Mangla, Pickrr
Information helps in presenting points more articulately, argue more coherently, and reach a higher elevation in our conversations—whether among friends or the larger public. : Govindraj Ethiraj, IndiaSpend. org
Data is at the particular heart of all decision making. – Kirat Chhina, Urban Company
Metadata will be the glue that may bind the modern information stack together, the layer that will allow increasingly diverse, siloed tools and people to collaborate effectively. – Prukalpa Sankar, Atlan
Ecommerce
Ecommerce needs to be democratised. The right way to build technologies should be to make lives for everyone better, and not for just a few people. — Saahil Goel, Shiprocket
The global retail industry is currently experiencing a generational shift. The future always lay in e-commerce, and the particular pandemic only accelerated this shift. : Arpit Gupta, RetainIQ
The advent of technology and digital accessibility means we are no longer in an era of one size fits all. With the amount of data made available to brands, consumers expect hyper-personalised experiences. – Avlesh Singh, WebEngage
Live commerce is inevitable. It is usually not new; it is definitely similar to teleshopping networks. — Kaushik Mukherjee, SUGAR Cosmetics
The future of commerce can be undoubtedly conversational. – Aakrit Vaish, Haptik
Consumers love watching video content before building transactions. That’s why content-led commerce is usually the future of ecommerce. – Saurabh Singh, Flickstree
When one is starting a new brand, digital is the best bet. You can create demand and presence for your product. But after a point, offline is the way forward. – Abhishek Shah, Almo
Democratisation
The biggest challenge when it comes to any new technology is inclusion. How do you really make it accessible to anyone and then be owned by everyone? – Suruchi Gupta, GIANT Protocol
Connected women, empowered along with access to technologies processes, are usually key to a country’s economic growth. – Sumana Iyengar, Goavega Software
Technology is the key to making a level playing field regarding the rural and the particular urban by opening opportunities across villages. – Vamsi Udayagiri, Hesa
If you possess a smartphone, you can have a passport. : Golok Kumar Simli, MEA, Government associated with India
Innovation is certainly always going to be ahead of governance. Everybody knows that. It’s basically a matter of one catching up. – Vivek Gupta, CoinDCX
Creator economy
A growing OTT marketplace is the boon intended for consumers looking for content material and an opportunity for advertisers to reach the right set of audiences. – Akshay Modi, Modi Naturals
Creator’s space is the only one exactly where you may start at any age. — Mansi (Magsplay)
Your comments section is your university. and it will tell you what you can do better. : Manish Pandey, brand consultant
Every company today is a content company. Every business is heavily investing in articles marketing. – Anirudh Singla, Pepper
Live streaming and content moderation are inseparable. — Varun Saxena, Bolo Live
Enterprise effects
While hybrid working can represent the particular best of both working worlds, this particular shift could require an investment in more sophisticated technology. – Rahul Goyal, ADP
Knowledge management is changing into ‘Digital Intelligence’. The part of knowledge managers is transforming into adding intelligence in order to the workforce with the help associated with digital technologies. – Hariprasad Reddy, Wipro
Software is a global business, and no matter where you start, you need to compete against the best to get creating institutions that last. – Arpit Maheshwari, Stellaris Venture Partners
Applications are the epicentre of any kind of business. : Venkatesh Sundar, Indusface
Tech can’t do much in the absence of a digital footprint. – Gaurav Lahoti, Khatabook
Threats plus vulnerabilities have become a way of life, especially in the cloud scenario. Thus, we need to understand the risk and then comprehend ways of mitigating it. — Suvin Mullaseril, Palo Alto Networks
Sectoral transformation
The fact that digital payment models have got turned profitable is testimony to their strength. There is a possibility of touching many more lives. : Anubrata Biswas, Airtel Payments Bank
Fintech and the emergence from the startup culture go hand in hand. – Robin Bhowmik, Manipal Global Education Services
This will be the age of a worldwide financial revolution! Social trading is the future. – Dipankar Biswas, FlipItNews
This digital-first era is usually all about scalability and the biggest banks of 2030 will be digital-first. – Brett King, Moven
Digital technologies gives a far more granular view of risk management than the particular traditional models. – Bipin Preet Singh, MobiKwik
Adoption associated with new technology is necessary for a transparent accounting system. – Nirmala Sitharaman, Union Finance Minister
Robotics is also being used inside labs plus hospitals pertaining to repetitive tasks, rehabilitation, and physical therapy and to support patients with long-term conditions. – Vineet Aggarwal
Tech trends
Right now there is currently a great need for scalable, reliable 5G solutions across nearly every enterprise and industry. – Kalyan Kumar, HCLTech
Along with affordable smartphones and easy access to data, the need for good learning content is witnessing unprecedented development. – Kinner N Sachdeva, Knorish
Synthetic media is poised to become omnipresent in the near future plus voice is definitely at the core of it. – Ankur Edkie, Murf AI
Technology powers great experiences. – Janelle Estes, UserTesting
Digital necessitates you to be a lot more human than ever. — Samriddh Dasgupta, Heads Up For Tails
Platform company models are usually stabilising and proliferating, building on ubiquitous connectivity plus information entry, creating massively networked ecosystems of customers, suppliers, and market enablers. – Anand Sri Ganesh, NSRCEL
We see an evolution and trend happening, where software today is an integral part of any solution. There is a lot of software which is getting inlayed in all kinds of products, including hardware, and this dominance is primarily driven simply by deep technology. – Ramkumar Narayanan, NASSCOM Product Council
The road ahead
The world needs a 20 million developer talent pool by 2030. – Ashish Sharma, upGrad
Do not have an affinity to just one technology, come out of your comfort zone to look in new systems and experiment with different solutions. : Ashish Anantharaman, ZestMoney
If a person ride technologies, you can ride the future. – Corinne Vigreux, TomTom
There is so much inefficiency that technology can solve. Going right after these models means the particular founder may hit the road running with the item they have built out rather than create a new category that didn’t exist. — Ganapathy Venugopal, Axilor Ventures
Technology is the terrible master but a wonderful servant. We can either condemn it or accept it and use its tools to make the lives more efficient. – Sachin Shukla, UPDEED
With tech capabilities, there furthermore comes the responsibility. – Jyoti Joshi, Kroop AI
YourStory has also published the pocketbook ‘Proverbs and Quotes for Entrepreneurs: A World of Inspiration meant for Startups ’ as a creative and motivational guide designed for innovators (downloadable as apps here: Apple , Android ).
