Gartner Research

Industry Convergence — The Digital Industrial Revolution

Published: 17 March 2014

ID: G00261470

Analyst(s): Thilo Koslowski

Summary

Industry convergence represents the most fundamental growth opportunity for organizations and will redefine industry boundaries by shifting the focus from individual products to cross-industry value experiences, based on digital business principles.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Industry convergence represents an unprecedented growth opportunity for an organization, but is also a threat since other companies can absorb the organization's core business to fulfill their own industry convergence objectives
  • The success of cross-industry value experiences depends on a thorough ecosystem strategy, selecting the right partners within it and executing an industry expansion strategy
  • What Is Digital Business?

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