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Three Lessons About Digital Transformation From The Gig Economy

December 9, 2024
December 9, 2024
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Anil Somani, Chief Transformation Officer at Altimetrik, explores the impact of the gig economy on the payments industry in an article published on Forbes. As the gig economy grows, it introduces a hybrid model of transactions, merging business-to-consumer (B2C) and business-to-business (B2B) dynamics. This shift challenges the traditional distinction between high-value, low-volume B2B payments and low-value, high-volume B2C payments. Somani discusses how the payments industry is adapting through the concept of push payments, where the emphasis is on immediate transfers of funds and heightened security. He draws lessons from this transformation, emphasizing the importance of aligning digital transformation efforts with customer needs, leveraging existing infrastructure, and catering to the expectation of real-time interactions. The article’s insights serve as valuable takeaways for businesses across industries navigating the landscape of digital transformation.

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Amit singh

“Amit Singh is the Chief Strategy Officer and Chief of Staff to the CEO at Altimetrik, where he drives corporate strategy, growth acceleration, and value creation through transformation initiatives. In this dual role, he partners closely with leadership teams, investors, and the board to align business strategy with sustained, technology-driven growth.

With over two decades of experience at the intersection of technology, business, and transformation, Amit brings a unique perspective on how organizations can innovate and adapt in a rapidly evolving digital landscape. His career has been defined by building high-performing teams, scaling innovative platforms, and driving organizational change to deliver lasting impact.

Before joining Altimetrik, Amit held senior leadership roles at Visa, where he led technology strategy, engineering, and product development for Real-Time Payments and the Visa Developer Platform. Earlier, he served as Chief Product Officer at a startup and spent more than a decade at Oracle, leading product and engineering teams across a wide range of enterprise software applications.”

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