When we talk about technological convergence, we are addressing market trends that increasingly deserve attention from organizations, with a strong focus on the IT area.
To help you understand more about the subject, we will show the ways in which technological convergence impacts your company. Understand now how it truly contributes to your work.
What is technological convergence?
For many experts, progress in technology is measured by achieving goals with fewer resources: time, energy, money, and so on. When a single device or piece of technology manages to complete more than one task, we have what we call technological convergence.
A common smartphone is a great example: while phones used to be used exclusively for making and receiving phone calls, the devices we use today allow us to exchange instant messages, play and record photos and videos, access the internet, and much more.
Before network convergence, for example, many services used different infrastructures to connect to servers. Today, consumers, businesses, and institutions use an expanded collection of media types. This concentration of technology across multiple streams allows for a much more diversified approach.
How does technological convergence impact businesses?
Technology convergence allows companies of different sizes to accelerate their digital transformation.
At the center of this revolution, according to analysts from research institutes such as Gartner and IDC, there are 4 technologies that serve as the foundation for companies migrating to the digital world: Big Data, Cloud Computing, mobility, and social media. They are fundamental in any business that wishes to adapt to the transformations of the new economy.
According to the consulting firm IDC, investments in technologies and services related to these 4 trends will grow by about 75% by 2019 — double the growth rate of the overall IT market.
Among the main impacts this practice causes in organizations is the digital transformation of business, reducing operational costs and generating more competitive advantage over competitors. All of this makes the business grow disruptively across all sectors.
The innovations brought by technological convergence also enable companies to have a more modern infrastructure. This allows businesses to maintain a high-level internal infrastructure, ensuring process automation, performance, security, flexibility, and scalability at affordable costs.
How to take advantage of technological convergence?
You can immediately adopt an action plan to take advantage of technology convergence. Check out some of our suggestions below:
- Permanently check what can be integrated — whether within your own company’s structure or in services related to suppliers and partners;
- Observe which information contributes to a positive ROI for the organization;
- Keep an eye on IT trends, looking for references like this article and reports from specialized consultancies;
- Whenever possible, seek specialized IT support.
Did you notice how much you have to gain from technological convergence? If you need to organize your IT intelligently and make your company more competitive, get in touch with us. We will be more than happy to help you!
