Wednesday 15 May 2019

Shamit Khemka on how entrepreneurship has changed in the digital era


Shamit Khemka, the founder & MD of SynapseIndia, started his career in the Indian IT industry as a foresightful entrepreneur in 2000. He saw the immense potential of the IT outsourcing sector which was largely unexplored in India at that time. Today, SynapseIndia is a well-known player in the digital transformation movement.

Digital entrepreneurship has lately gained significant popularity in developing and developed markets alike. It can be defined as the adoption of new ventures and the transformation of existing business infrastructure by creating and using novel digital technologies. Digital enterprises are characterized by higher utilization of cutting-edge digital solutions like analytics, cloud computing, and social media to interact with customers and stakeholders.

With a surge in digital entrepreneurship, businesspeople are thinking of a variety of new ideas and business models. However, digital entrepreneurship opens up new questions about the strategy, opportunities, and risks associated with this model of entrepreneurship.

One of the most striking benefits of digital entrepreneurship is its operating cost. The physical world of business is too costly to start a business for many new entrepreneurs. The digital world not just dramatically reduces operating cost but also offers a variety of pathways.

Click here to know more about Shamit Khemka : https://www.youtube.com/watch?v=0ieBHz-QXYc

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