I am an author, independent researcher and speaker exploring innovation, information technology trends and markets. I served as co-chair of the AI Summit in 2021 and 2022, and have also participated in the IEEE International Conference on Edge Computing and the International SOA and Cloud Symposium series.
It’s the mantra of our era: every company a software company; every company a data company. Does that mean every company now shares the same DNA, part of the same industry? Are companies poised to leach into each others’ spaces, beyond their traditional core products or services?
L&T Technology Services, a technology services company, launched L&T SuFin —an Amazon-like portal dedicated to industrial products. This move opens new revenue streams for the company and positions it as not just a service provider but also a one-stop solution for industrial product procurement. “We call this phenomenon ‘crosspollinovation,’” says, CEO and managing director at L&T Technology Services.
A new generation of electronic payment systems has also been a catalyst for industry hybridization — catalyzing “standardized APIs behind ridesharing apps,” Rehberg observes. “In the beginning it was an amalgamation of capabilities that were put together — a payments capability, find-a-device on a map, and so forth. When it came time to combine them for the app, developers were easily able to weave them together because they were available through standardized APIs.
Chadha sees partnerships are the most crucial driver for hybridization. “Partnerships can come in various forms — from alliances with tech partners to collaborations with startups or niche providers that would bring new capabilities to the table,” he says. “They enable organizations to adopt modern technologies and explore adjacent areas without significant investment.”
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EU data protection regulators urge anonymity for smaller transactions in digital euroThe regulators made several recommendations to enhance the personal data protection standards for the European central bank digital currency.
Read more »
Consumer Stocks Offer Value, Says this International InvestorDavid Samra, portfolio manager of the Artisan International Value fund, makes the case for Danone, Unilever, Samsung, and more.
Read more »
World's top international scorer Sinclair retires from Canada dutyChristine Sinclair, the world's all-time leading international goal scorer, has announced her retirement from the Canada women's national team.
Read more »
Central America scrambles as the international community fails to find solution to record migrationPanama and Costa Rica have set up a bus system to speed the flow of migrants from the Darien Gap to Costa Rica’s border with Nicaragua
Read more »
Central America scrambles as the international community fails to find solution to record migrationPanama and Costa Rica have set up a bus system to speed the flow of migrants from the Darien Gap to Costa Rica’s border with Nicaragua. It’s the latest example of how Central American countries continue to scramble to find solutions to historic migration flows through their territories.
Read more »
Central America scrambles as international community fails to find migration solutionPanama and Costa Rica have set up a bus system to speed the flow of migrants from the Darien Gap to Costa Rica’s border with Nicaragua
Read more »