answersLogoWhite

0

The convergence of multiple industries refers to the blending or integration of distinct sectors, resulting in new business models, products, or services that leverage technologies and innovations from various fields. This phenomenon often occurs due to advancements in technology, changing consumer preferences, and the need for cross-disciplinary solutions. For instance, the merging of technology and healthcare has led to telemedicine and health apps, while the combination of entertainment and technology has given rise to streaming services. Such convergence can create competitive advantages and drive economic growth by fostering collaboration and innovation.

User Avatar

AnswerBot

15h ago

What else can I help you with?

Continue Learning about Natural Sciences

What is convergence bill?

Convergence bill refers to legislation that aims to regulate the convergence of different technologies, such as telecommunications, broadcasting, and information technology. These bills often address issues such as competition, consumer protection, and the regulation of new services that emerge from the merging of different industries.


How does convergence occur?

Cultural convergence occurs when multiple cultures share information with each other and become similar to one another. Communication is one of the most prominent ways that cultural convergence happens since some cultures end up incorporating other languages into own.


What is a celestial convergence?

Celestial convergence refers to the alignment or meeting of multiple celestial bodies such as planets, stars, or galaxies in the sky. This term is often used in astrology or astronomy to describe significant or rare astronomical events.


What is application convergence?

Application convergence refers to the integration of different software applications or services to work together seamlessly. This can involve combining functions and features from multiple applications to increase efficiency and provide a more unified user experience. Ultimately, application convergence aims to simplify processes and streamline workflows by bringing together diverse technologies under a unified interface or platform.


How does cultural convergence occur?

Cultural convergence occurs when multiple cultures share information with each other and become similar to one another. Communication is one of the most prominent ways that cultural convergence happens since some cultures end up incorporating other languages into own.

Related Questions

What is meant by the term digital convergence?

Digital convergence refers four industries into one industry that is ITTCE (Information Technology, Telecommunication, Consumer Electronic, and ENTERTAINMENT and you can add Mass Media.) Its based on digital Technologies. Zubair IT Teacher


The phenomenon of offering multiple types of communications services on the same network is known as?

Convergence


What is Digital convergence?

Digital convergence refers to the convergence of four industries into one conglomerate, ITTCE (Information Technologies, Telecommunication, Consumer Electronics, and Entertainment). This provides new, innovative solutions to consumers and business users.


What is convergence in marketing?

Convergence is the act of converging or merging of distinct technologies, industries, or devices intoÊa unified whole. Convergence is the future of marketing since this is the key for firms to remain profitable and successful when everyone is spending less and cutting costs.


What is convergence bill?

Convergence bill refers to legislation that aims to regulate the convergence of different technologies, such as telecommunications, broadcasting, and information technology. These bills often address issues such as competition, consumer protection, and the regulation of new services that emerge from the merging of different industries.


What is the trend to merge multiple digital services into one device called?

Digital convergence


What is the five industries that form Technological convergence?

Technological convergence typically involves the merging of five key industries: telecommunications, computing, broadcasting, consumer electronics, and content creation. This integration allows for seamless communication and the sharing of information across various platforms, enhancing user experiences. As these industries converge, they facilitate innovations like smart devices and streaming services, reshaping how we interact with technology. Ultimately, this convergence drives advancements and efficiencies in both production and consumption of technology-driven content.


What is meant by 'large scale industries'?

large scale industries are type of industries in which very large amount of production & manufacturing can be done....


How does convergence occur?

Cultural convergence occurs when multiple cultures share information with each other and become similar to one another. Communication is one of the most prominent ways that cultural convergence happens since some cultures end up incorporating other languages into own.


Why do the Final Fantasys have nothing in common?

Because they are not meant to be a series. They are meant to be multiple games in multiple fantasy worlds.


What is a celestial convergence?

Celestial convergence refers to the alignment or meeting of multiple celestial bodies such as planets, stars, or galaxies in the sky. This term is often used in astrology or astronomy to describe significant or rare astronomical events.


What part of speech is convergence?

Convergence is a noun.

Trending Questions
Is the AC wide prong for hot or neutral? What does the modern accident causation model systems defects include? Does white sand used for sand box cause cancer? A solution of malonic acid h2c3h2o4 was standardized by titration with 0.1000 M Naoh solution if 20.76 ml of the naoh solution were required to neutralize completely 13.15 ml of malonic acid solution? What flame color is safe when operating a propane heater? Does a element contain molecules? What part of the brain in responsible for Gerstmann syndrome? Mendel wanted to find out if the pattern of inheritance for one trait affected the pattern of inheritance for another. What experiment did he perform to test this idea A.He tested only heterozygous p? Why test tube must place in a cold of water when distillation happens? What part of the brain relays impulses between the brain and other body parts? What are some of the uses of Biofreeze gel? What is a weak chemical bond between a partially positive hydrogen and I partially negative atom? 3.5 moles of TiCl4 reacts with 4.5 moles of O2 limiting and excess reactants are? What is the bonding pattern of the for DNA bases? What was so groundbreaking about the double part of the double helix molecule? How do the cells assimilate the nutrients? The removal of material by erosion will cause earths crust to? How the earth should look in 2020? What kind of weather does grassland have? After a hurricane all lights are flashing red or yellow how should they be treated are all lights treated as stop signs?