Technology is narrowing gap between digital natives and traditional businesses [Video]

There was a time when startups relied on technology-led innovation to offset the large-scale resources that traditional enterprises reliant on legacy tools possessed. AI has levelled the playing field, leading enterprises to put innovation on the frontburner.

A panel discussion on scaling innovation at TechSparks 2024 brought together leaders of startups and legacy companies. The panel, comprising Shahid Shaikh, Head of Digital Natives and Unicorn Business at SAP India; Vaibhav Tewari, the Co-founder and CEO of Portea Medical; Saurabh Odhyan, CTO – Consumer at FreshToHome; and Arpit Chug, the Chief Financial Officer at Razorpay, discussed retaining tech-driven innovation as companies scale. The panellists agreed that the long-standing difference in agility between startups (or digital natives) and established larger companies is now “narrowing”.

Drawing from his experience working for several years in a traditional enterprise, and from his recent experience at SAP, Shahid Shaikh observed that digital natives are way ahead of the curve when it …