Monday, December 27, 2010

Trends and Opportunities of Convergence

Question: Identify and discuss Trends and Opportunities in convergence (at least 2000 words with image/s)

My Retort:



First, we need to identify What is Convergence and what it is all about...

from: http://en.wikipedia.org/wiki/Technological_convergence

Technological convergence is the tendency for different technological systems to evolve towards performing similar tasks.

Convergence can refer to previously separate technologies such as voice (and telephony features), data (and productivity applications), and video that now share resources and interact with each other, synergistically creating new efficiencies.

Today, we are surrounded by a multi-level convergent media world where all modes of communication and information are continually reforming to adapt to the enduring demands of technologies, "changing the way we create, consume, learn and interact with each other".

Convergence in this instance is defined as the interlinking of computing and other information technologies, media content, and communication networks that have arisen as the result of the evolution and popularisation of the Internet as well as the activities, products and services that have emerged in the digital media space.

Many experts view this as simply being the tip of the iceberg, as all facets of institutional activity and social life such as business, government, art, journalism, health, and education are increasingly being carried out in these digital media spaces across a growing network of information and communication technology devices.







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Convergence as defined in the Wikipedia states about the big change and the big merging
in this new technological Era. Earthlings were such a gifted creations. We were blessed with so artistic
mind and built with wonderful sights and vision..We tend to see things in the Past, Present, and
the Future for the creation and invention of new ideas for the betterment and improvement of our living.
People are very innovative in finding solution in every problem and circumstances people might have.
Specially in technological convergence.. Before a Sachet of pure coffee is just the
available product in stores, now instant 3 in 1 coffee boomed in an instant as well.
In that simple illustration, we can know what convergence is all about.
We can see convergence all around us in many ways in may places..just able to appreciate it
most likely in technology. It's so overwhelming to know that we have all we've need and want
in a single computer with an Internet connection.

"2 is better than 1" a famous saying in the old times and still very much applicable in the present.
Convergence in every way, technologically speaking ..is a rational idea. Interaction of technologies,
we can see it in companies. One great example is a computerized machine Coke manufacturing business.
I think all industries the supports the growth of the economy right now are all using the computer
Convergence Technology.


pig pig Trends pig pig

Convergence


“In general, convergence is a coming together of two or more
distinct entities or phenomena. Convergence is
increasingly prevalent in the IT world; in this context the
term refers to the combination of two or more different
technologies in a single device. Taking pictures with a cell
phone and surfing the Web on a television are two of the
6
most common examples of this trend.”

source:whatis.techtarget.com



The trend or Convergence depend on the demands, needs and wants of the community..
As the time passes by and the number of years rises up, the demands of
the people also are highly increasing.
technological convergence gives consumers the convenience of having many devices all in one, saving on both size and cost, there is an initial tradeoff in quality. When technological convergence first gives birth to a new multi-technology, the various technologies it is comprised of are usually at a slightly lower standard than independent devices. Usually within a year or two, however, this disparate quality is reduced to a virtually unnoticeable level.



pig pig Opportunities pig pig
Opportunities of Convergence
Technological convergence if appropriately managed can play an important role in national
economic and social development of every nation. Governments can capitalize on the opportunity to
stimulate market development and meet previous unmet society communication needs.

Increased Market Competition
Convergence has lowered barriers of entry to the market for new operators and service providers.
The emergence of new market players intensifies competition, giving consumers an extensive pool of
providers and services to choose from and lower communication costs.
Additionally in a technological convergent environment industry boundaries become blurred,
allowing service providers to offer services in multiple markets. For example, besides access to television,
cable operators can also offer voice telephony and internet services.
Content providers can now easily access consumers with no need to own the distribution network.
For example, a company may produce TV content and distributed it through cable networks without having
to own it.

Established companies will find in convergence an opportunity to operate more efficiently, increase
returns on technology investments and realize other business benefits through development of new services
and rapid market expansion. Convergence opens up new sales markets for companies, a case observed in
mobile operators. As the market saturates, they look to non-voice services, such as video streaming, portals,
messaging, information services, and gaming, to drive future revenue growth.
New applications have given rise to new ways of entertainment and
socialization
. The convergence of voice, video and data gives consumers new ways of
communication as we can all talk, send text and video over one single network, using one single application
at much lower costs than before.

Dependency. Convenience and Simplicity
At device level, consumers find in convergence an opportunity to enjoy the dependency and convenience of having
many devices all in one, saving on both size and ownership costs. For example, a single mobile phone device
can receive television programmes and play videos, thus enabling simplicity and convenience in device
ownership as one device can be used to access multiple services.Opportunities are at stake when Convenience
is the prior thing.










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