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Top four firms changing tracks for their industries with technology

As technology takes center stage for businesses, innovation has become necessary for survival. Let's look into some of the firms making it big.

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CIOL Bureau
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Top four firms changing tracks for their industries with technology

As technology takes center stage for businesses, innovation has become necessary for survival. Today, the corporate world is no more ruled by "the survival of the biggest" but "the survival of the fastest" and speed can only be fuelled by technology. Let's look into some of the firms making it big in their industries with technology at the core of their offerings.

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Byju's

With the simple innovation to expand reach among students and help them understand their school subjects better, Mr. Raveendran launched his eponymous firm Byju's. Striking the right chord with millions of students, Byju's became the most popular educational mobile app across the country.

Today, the firm has emerged as the top three unicorns in India with USD 8 billion valuation. Without showing any signs of a slowdown, Byju's continues to disrupt and dominate the ed-tech market in India with on-going simple yet valuable additions on the platform. Byju's remarkable journey has been captured as an important case-study by Harvard Business School.

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Builder.ai

Co-founded by Sachin Dev Duggal, a global business magnate, Builder.ai is a human-assisted AI platform that enables anyone, LITERALLY anyone, to build, run and scale bespoke software. One doesn't have to be a tech-geek to indulge in software building activities on Builder.ai platform.

The platform follows an easy step-wise process to understand the software requirement of the user and deploys AI as well as world-class developers to build the desired software. Even though software development markets across the globe are touching new heights each passing year, but the market remains fragmented.

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Sachin's concept doesn't only enable people to make great software but also follows a transparent communication in terms of timeline, cost and other details regarding the software you choose to build here.

Netflix

What started as a simple business of renting DVDs has today emerged as the world's most popular platform to stream entertainment related content online. Millennials not only love Netflix but they are completely addicted to it!

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There are over 150 million subscribers in the world logging into Netflix to watch movies, series and a lot more. The company has also contributed to the entertainment sector by producing original content on its platform that is setting new bars in the world of entertainment in terms of acting, concept, direction and more.

In India, many actors such as Radhika Apte have been able to find a special place into the hearts of the audience with their performance in varied Netflix Original movies and series.

Amazon

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In July 2019, Amazon completed 25 years of existence and has grown from strength to strength. It is a fact that when a startup enters into a high growth phase and then into profitability, the company then starts impacting more than one industry.

Amazon is one such example. Not only Amazon has revolutionalized the way a consumer shop, but time and again has implied strategies to lead the trends in the retail sector. Today, Amazon sells a vast number of products at the lowest price possible.

Besides, Amazon has also earned top position into various other categories such as cloud computing services with AWS, Online book reading with Kindle, entertainment/online video streaming with Amazon Prime and more.