Siddharth Mehta of Bay Capital: Digital Influence in Media and Entertainment makes it more convenient for its audience

Every industry is being impacted by the digital transition, including the media sector. As per Siddharth Mehta of Bay Capital, “consumers now have more possibilities than ever to acquire information because of the media industry's transition to digital technology”. Additionally, they anticipate being able to do so on any device, wherever they may be.

Traditional media organizations are adopting digital transformation projects and shifting their operations to the digital environment in order to stay up with these shifting customer behaviors.

 

Siddharth Mehta of Bay Capital: Digital Influence in Media and Entertainment makes it more convenient for its audience

The fundamental change to a social, mobile, cloud-powered world that comes with digital transformation is how we live, work, and interact with one another. As consumers' attention and ad spending migrate to digital platforms, media organizations are under pressure. Media firms are responding by implementing digital transformation to reduce expenses, boost earnings, and enhance client engagement Siddharth Mehta of Bay Capital added.

The digital transition might take many different shapes. It essentially revolves around utilizing technology to provide new value for clients, staff members, and shareholders. For media firms, this may entail developing novel consumer experiences or discovering novel methods to monetize content. Increase efficiency or open up new income streams, it could also include establishing new internal skills.

Comments

Post a Comment

Popular posts from this blog

The future of Fintech with AI in India: An overview.

Financial technology, known as Fintech in short, is a leading industry in the financial sector today. Our daily activities seem incomplete without fintech. We are all well aware of Paytm, Google Pay, and all the rest. But what are Paytm and other UPIs, and how do they impact the population? To learn more, please scroll down. Need to pay bills or want to do any online transactions? You can just sit at home and do it using any UPI app such as Paytm, Google Pay, RazorPay, etc. The general lives of people have become more advanced with these fintech giants. Now, how does it impact the population? Its user-friendly experience allows customers to do all the activities with ease. People are turning tech-savvy by doing all their transactions online. Perhaps a sign of turning more digital in a personalised way. Siddharth Mehta IL&FS former director and the founder and CIO of Bay Capital, has also called fintech the evolving market giants. According to him, fintech has a tremendou...
Read more

How digitalisation can revolutionise your B2B e-commerce business

Image
Digitalisation is reconfiguring the business landscape while altering the drivers of value creation and ways of reaching the customer. India has emerged as one of the fastest-growing economies in the world due to its rapid adaptation of new-age technologies. Supporting this growth is the pillar of e-commerce, which has also experienced elevated demand from the masses. As customers became more proactive on digital platforms, B2B e-commerce businesses had no choice but to undergo digital transformation to keep up with changing circumstances. However, in this fast-paced world, businesses have a shortage of time to coordinate with logistics partners, supply chain experts, or business vendors, which only augments order complexity and delivery time. Therefore, a concrete model is needed for transforming the order-fulfillment process. Supporting that, digitalisation turns out to be a complete solution for the new-age B2B clients, as they usually look for quick, efficient, and...
Read more

Acceleration of fintech in India with the planning of AI regulation

Siddharth Mehta IL&FS former director and CIO of Bay Capital is a renowned investor, philanthropist, and financial investor. He is the founder of Bay Capital, an investment firm that has invested in the structural growth of India, on a long-term basis.   The acceleration of Fintech   SiddharthMehta bay capital often seems to express his views on fintech and digitalization. The boom and growth of fintech can be clearly seen in the recent time. Whether Paytm, GooglePay, Razorpay, or PhonePe, all the fintech companies seems to make tremendous progress in terms of growth and customer absorption. According to the reports, the average monthly transacting user of Paytm has gained a significant increase of 27%. This is also quite relatable in the cases of other fintech companies as well, however, there may be variation in the number.      The planning of AI regulation   Today, the only buzz around us is ChatGPT, an advanced chatbot that gives ...
Read more