Launched in 2014, StoryBites is a weekly feature from YS, 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 40 gems and insights with your colleagues and networks, and check back to the original articles for more insights.
Hybrid cloud enables you to wrap up proof of concept planning or prototyping within a few days, unlike months earlier. – Mahesh Vandi Chalil, BookMyShow
You cannot meet the requirements for speed, scale and adaptability if you don’t have flexible architecture. – Mitesh Agarwal, Google Cloud India
Technical computing is stuck in a rut today. Data scientists and engineers are using products that were designed many decades ago. – Viral Shah, Julia Computing
Cybersecurity is now at the top of the agenda for businesses and governments, who need to be able to trust that they are protected against increasing levels of attack. – Philip Jansen, BT
Cybersecurity career will only continue to grow and it’s important to stay motivated, stay educated, and stay secure. – Savitha K R, Colortokens
EV is the future of city logistics. – Mayank Chaurasia, VegEase
Social commerce is expected to be a $50-60 billion market in the next seven to eight years. – Pulkit Agrawal, Trel
A smooth delivery function doesn’t only allow companies a hassle-free product delivery, but also gain the trust of customers – this grows over a period of time organically. – Avinash Raghav, Shift Freight
Fresh produce is a 35-40 percent gross margin category. However, it is the wastage that kills those margins. – Varun Khurana, Otipy
In the centralised, Web 2.0 world, you have Google, Apple, and Stripe, and the benchmarks they set in the industry. In the new and decentralised world of blockchain, there is no such benchmark. – Aniket Jindal, Biconomy
Edtech did not just fill in for the missing physical education infrastructure, but it also widened the scope for working professionals. – Piyush Bhartiya, AdmitKard Edtech
Creators have always thought out of the box, and now, with edtech platforms, they can easily be connected to consumers of knowledge, so everyone has the chance to learn something that they could not earlier. – P Jayakumar, Toonz Media Group
Cutting-edge LMS platforms come with gamification features that enable teachers to make learning more fun and engaging. – Prem Das Maheshwari, D2L Asia
There is no need to get into a trend; don’t do edtech just because it is a hot sector. – Krishna Kumar, Simplilearn
Lenders lose about a third of their time to routine tasks like filling out paperwork or following up with customers after calls. – Shantanu Gangal, Prodigal
In the last 16 months, MSMEs have started to show rapid growth with their adoption of digital. And this has created an opportunity for significant disruptions in the lending sector. – Pradeep Rathnam, TERA Finlabs
With access to ever-growing investment products and information, everyone — even people with lower disposable income — will start investing. However, investing is still a complex and confusing process, with a steep learning curve. – Gopikrishnan Mohan, Flow Club
Cloud and intelligence-enabled technology will fundamentally transform healthcare delivery in India. – Pranav Pai, 3one4 Capital
A medically-aware deeptech platform for health care engagement can lead to better health outcomes. – Vikalp Sahni, Eka.Care
If the content isn’t right, the channel can’t do anything to hide the mediocrity. – Sunder Madakshira, Adobe Systems
Micro-influencers have shown overwhelming conversions, thus motivating brands to increase their spending on influencer marketing rather than traditional marketing. – Vipul Talwar, Voxxy
In addition to doctors and engineers, there is a need for other professionals to build an upgraded society. They should always support the dreams and passions of their children. – Sheikh Asif, Thames Infotech
Digitisation has provided an impetus to the start-up ecosystem in India. – Amitabh Kant, Niti Aayog
The lack of a censorship board for digital content in India has fuelled innovation, and the scope of creativity has widened to a great extent. – Narendra Firodia, Letsflix
We believe the influencer marketing industry is estimated to be worth Rs 1100 crore but is largely unorganised and fragmented. – Kanishk Kanakia, Opportune
NFT market-related transactions are soaring to new heights every day and given our relationship with art, culture, and emotion, India can be the epicentre of the NFT uprising. – Toshendra Sharma, NFTically
Findings reveal that compared to the rest of the world, consumers in India are more likely to be targeted, less inclined to ignore scam interactions, and as a result, lose more money. – Mary Microsoft
As India moves towards carbon neutrality and mass adoption of EV and ESS (energy storage system), it is crucial to become an energy-independent nation. – Mahesh Godi, GODI Energy
Ayurveda has been vulnerable to the problem of substandard medicines and very low digital adoption. – Ram N Kumar, NirogStreet
With 75 percent of India’s healthcare infrastructure based in urban areas, there is a significant unmet need for women’s healthcare. – Bipin Shah, Titan Capital
The fresh fish and seafood market in India is characterised by a huge supply-demand mismatch, varied quality standards, fragmented channels, and numerous other issues. – Barath Shankar Subramanian, Accel
The scope of food delivery in India is massive. – Sriharsha Majety, Swiggy
The roots of underemployment in our country are deep. One way to address this is to make upskilling affordable and outcome-focused for the millions in India’s workforce. – Surya Mantha, Unitus Ventures
Around 100 million students from middle- and lower-income families, especially from Tier-II and Tier-III cities are seeking upskilling and cross-skilling opportunities. – Pradeep K Jaisingh, IAN
India is at the cusp of a D2C revolution with estimated market size of $200 billion in the next five years. Indian brands have shown great promise in recent years. – Vikas Agnihotri, SoftBank Investment Advisers
India’s supply chain and logistics industry is moving from paper and pencil to digital. – Arjun Sethi, Tribe Capital
In 2004, the Indian Railways started with online ticketing, but the system was crashing at just 6,000 tickets a day. Now, it has the capacity to handle more than 2 million tickets per day. – Nagendra Kumar Raja, TejaSoft Innovations
Events from 2020 have emphasised the importance of developing equitable, sustainable, and scalable businesses, with a people-centric approach. – Ravi Chhabria, NetApp India
Don’t be afraid or shy to ask your worth. – Ankiti Bose, Zilingo
A video first approach and scientific assessment models will result in faster and more accurate hiring decisions. – Anjali Bansal, Avaana Capital
HRtech is fast evolving as a preferred sector of focus given the need to automate and build efficiencies amidst high volume and lower budgets. – Anas Rahman Junaid, Hurun India
Businesses spend significant resources annually on their contact centres, but still struggle to deliver a seamless experience for their customers. – Rowan Trollope, Five9
The future of work is flexible, distributed, and agile, yet many companies have retained traditional methods of managing employee performance and engagement. – Gaurav Chaubey, Mesh
YS 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).
