Far out in the uncharted backwaters of different industries sit what once were innocuous organizations — companies that stayed in their own spheres of influence and didn’t disrupt the flow of business as usual.
But now, they are capitalizing on existing and emerging technologies to expand their reach, open up new business models, and make products and services available in new industries — including yours.
You can’t see them yet, or call them by name, but you know they’re out there, eyeing your customers, employees and every unspent dollar, euro and yen in your marketplace. This trend is keeping CEOs and line-of-business leaders up at night. Worldwide, nearly 70 percent of C-suite members expect industry convergence to increase over the next few years.