Launched in 2014, StoryBites is a weekly feature from YS, featuring notable quotable quotes in our articles of this past week (see the previous edition here). This special series of quotes focuses on the increasing impact of digital media around the world. Share these 20 gems and insights with your colleagues and networks, and check back to the original articles for more insights.
See also our pick of Top Quotes of 2021 on Entrepreneurship, Investment, Digital Transformation, Storytelling, The India Opportunity, Pandemic Resilience, Failure Recovery, Design, and Art.
PropTech is transforming the Real Estate & Construction industry and our lives faster than ever before. – Nirupa Shankar, Brigade REAP
Short-term financing requires a different rigour to understand the customers. – Sachin Gaikwad, Buildd
Ecommerce photography is a fragmented industry. – Sanjay Kumar, Spyne
There is a need for affordable and easy-to-use equipment for quality AI, detection of body heat and early detection of mastitis/ health management. – Kaustubh Rastogi and Sravya Kolanupaka, Social Alpha
For hospitals without a proper infrastructure and with data mining at a rapid pace, cloud solutions work best. – Girish Koppar, Wockhardt Hospital
A technology-driven tracking mechanism is the key to truly deliver and measure the outcomes of enhanced livelihood for every household under the National Rural Livelihood Mission fold. – Vaishali Samanta, Veddis Foundation
Technology is one of the biggest enablers of social innovation for addressing these disparate challenges from the grassroot level upward. – Amit Kalra, Swiss Re
There needs to be an education mechanism to skill MSMEs in technology adoption. – Ramaseshan Ramachandran, BHI Capital Advisors
Ecomm players must disclose as to how they choose the “most relevant reviews” for display in a fair and transparent manner. – Rohit Kumar Singh, DoCA
By taking the transactions and payments online, businesses increase their financial transparency and provide comprehensive cash flow insights to potential investors or creditors. – Meghna Suryakumar, Crediwatch
Be ready to play a long game. Selling to financial institutions takes much longer than in other industries. – Igor Zacharjasz, Visa CEE
Maps are critical for any location-centric enterprise, but existing solutions today are built for a singular use case, resulting in enterprises having to use a single map for their mission-critical business functions. – Ashish Dave, Mirae Asset Venture Investments
The US is undoubtedly the largest market for solutions with Earth Observation (EO) data at its core. – Prateep Basu, SatSure
Founders cannot think in terms of cities anymore; we are a global village. – Paweł Sieczkiewicz, Telemedi
Greater use of technology accentuates the concerns related to cyber security. – Reserve Bank of India
The pace of software development demands a robust and scalable testing infrastructure for organisations. – Maneesh Sharma, LambdaTest
We haven’t heard much about SaaS performance marketing agencies that are exquisitely trained to deal with this fast-paced growth of SaaS startups. – Shiyam Sunder, TripleDart digital
Today, everything happens very quickly compared to before, so if you want to grab a chance, you have to act super quickly. – Marcin Beme, Audioteka
You need to make a product that can solve a problem, be adopted easily and have a wider impact, and technology is an aide to that. – Asha Poulose, GE Healthcare
The capability to build products is not enough, its adoption is equally important. – Issac Mathew, Lowe’s India
Gravity is how well you attract your consumers and producers of the platform. Flow is about how well the platform creates value. – Bansilal Haudakari, PayPal
Every company today is a content company. Every business is heavily investing in content marketing. – Anirudh Singla, Pepper
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).