Tomorrow will mark the end of 2018.
And what better way to send off the year than to look back at the themes that defined the Australian business landscape.
We spoke to four successful executives to find out what they thought were the most pivotal moments for business over the last 12 months.
Here’s what they had to say.
Angela Clark, CEO of Beem It
I think it was the year that both Australians and governments realised that technology is not good or bad, but that’s its outcomes for us as citizens, society and the economy are determined by the humans who design the technology systems and what use they put the technology to.
I think it was the year that people and governments realised we all need to make conscious choices about the technology we use, the data we share and the platforms we participate in. Technology is the new world order and we now live in a global and interconnected world.
Technology driven, customer-first experiences are creating new markets, often bringing lower cost and better outcomes but at the same time, customers become more savvy and more cautious, in a good way.
Alex Badran, co-founder of Spriggy
In Australia we’ve seen our financial institutions go through a Royal Commission, while in overseas markets we’ve seen the world’s largest tech companies have their data and privacy practices be placed under the microscope.
This is a healthy reminder of the importance of earning and maintaining customer trust – and that companies big and small are being held accountable for their practices.
Laurence Schwartz, Partner of Our Innovation Fund Venture Capital
2018 is the year Australia’s startup ecosystem matured and took it to the next level in terms of competing on the world stage regarding customers, hiring, capital and product.
Bede Moore, Director of TechSydney
New growth in tech – 2018 saw new infrastructure, new funds and many new companies entering into the Australian market making it easier to start and fund a company here.
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