“Fintech and the rise of startup culture go hand in hand” – 20 quotes about digital transformation

Launched in 2014, StoryBites is a weekly feature from YourStory, featuring notable quotes in our articles this past week (see previous issue here). This special series of quotes focuses on the growing 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 selection of Top quotes from 2021 on entrepreneurship, investment, digital transformation, storytelling, the India opportunity, pandemic resilience, failure recovery, design and art.

During this time you can solve specific problems and reach out to target groups. We see large companies buying D2C brands. – Dhruv Madhok, Arata

Omnichannel is the current trend. Customers are ready to buy from all ways and not just limited to online or offline. – Ankit Rungta, Story@Home

Technology will continue to drive business growth, increased efficiency and improved user experience as e-commerce becomes a mainstream channel across all parts of the retail ecosystem. – Kapil Makhija, Unicommerce

The first step in creating your digital marketing budget is to present the sales cycle with different stages of where a potential customer is present while buying your product. – Arif Kazi, Dust Value Media Agency

There is a proliferation of tools and uncontrolled technology stacks in organizations. – Ritish Reddy, Zluri

You can’t learn coding just by watching lectures or reading books. Practice is the only way. – Alex Yelenevych, CodeGym

Not all technicians can relate their innovation to the user’s experience. – Emma Roberts, Liverpool John Moores University

For highly complex systems where there is a need to augment human decision-making, the human-in-the-loop AI approach is used that brings together human intelligence and AI to create machine learning models. – Krishna Iyengar, Jidoka Technologies

Organizations are increasingly turning to low-code development technologies to meet growing demands for rapid application delivery and highly customized automation workflows. – Varsha Mehta, Gardener

SaaS software is being rewritten due to three major tailwinds in AI, verticalization and product-led growth. Contlo sits at the intersection of these megatrends. – Gaurav Chaturvedi, Kae Capital

Generative AI is a new technology platform that will need a set of infrastructure and utility companies to lay the rails to make it easier for organizations, startups and individuals to harness its power. – Nitin Sharma, Antler India

In the investment universe, missing out on the next generation company is considered far worse than choosing wrongly. False negative is much worse than false positive. – Thiyagarajan Maruthavanan (Rajan), Upekkha

Everyone [tech] IPOs have flopped and the reason they flopped was because the valuations were set by investors and not based on performance. – Kanwal Rekhi, TiE

LinkedIn feels like a product from the early 2000s… It’s time to change all that. – Gaurav Munjal, Unacademy

History and creativity cannot be held hostage to a billionaire’s $44 billion toy. – Aprameya Radhakrishna, Koo App

External attack surface treatment is no longer a “nice to have”, it is now a “must have”. – Chidhanandham Arunachalam, Sumeru Software Solutions

In recent years, the infosec and compliance area has been filled with concepts and jargon of various kinds – which has led to “tool fatigue” and “acronym fatigue”. – Aayush Ghosh Choudhury, Scrut Automation

The medical infrastructure, knowledge gap and convenience for pet parents are far from over. – Gaurav Ajmera, Vetic

Fintech and the rise of start-up culture go hand in hand. – Robin Bhowmik, Manipal Global Education Services

YourStory has also released the wallet “Proverbs and Quotes for Entrepreneurs: A World of Inspiration for Startups” as a creative and motivating guide for innovators (can be downloaded as apps here: Apple, Android).