Wednesday, November 27, 2013

Convergence is Inevitable..So are Business Deals

The future of convergence is something that some will embrace and try to understand while others will curse and refuse to conform.  The good part about that idea is that the younger generation (Gen. Y) will have an opportunity to create a whole new world at a young age establishing a new criteria for how humans learn, play, interact and conduct business.
What some fear will be lost as a result of this new age transformation are the basic techniques and rituals we have all, up to this point, grown up with, which are: common communication skills, the now ancient idea of reading books and using a paper and pen to complete a math problem.  So it matters none if you are a technologist, or a content owner, or even a marketer in the end we are all affected as consumers of information and products.
With computer technology advancing by the second and gaming technology businesses paying attention to turning the young gamers into game creators, we can feel reassured that there is hope that our knowledge will advance further than ever before. Their advanced knowledge of technology at the rate it is advancing today will make them our future firm leaders tomorrow.
Advertising, marketing, branding, PR, public affairs, content, publishing, and business strategy companies and departments are all focusing in on staying ahead of the tide when it comes to convergence, according to Forbes online article, ‘Convergence is the Future of Marketing,’ in which the only way that they will be able to stay above the curve if they understand that,

Convergence is key for firms wishing to remain profitable and successful when everyone is spending less and cutting costs and looking for greater, lasting impact. Convergence is also about excellence and creating lasting quality while forging ahead with a better model.”

Provided by: Geekexchange.com
            Like Robert Iger, current CEO of Disney until 2016, he understood that incorporating Pixar into the Disney conglomerate would place Disney at the top of animation against any other. According to Spiegel Online article, ‘Total Convergence and the "Media Explosion," in which Iger and Bill gates spoke in 2007 at the Consumer Electronics Show in Las Vegas, about, “Every piece of content should become available on every piece of electronic equipment, at any time.” Even Bill Gates wowed the crowed when he,

“Had a kitchenette set up on stage. It made recipe suggestions on the basis of the food available. For example, the system tells Gates -- who confessed to not being much of a cook -- that the flour in the cupboard can be used to make the Italian bread focaccia and tells him exactly how to bake it.”

He went on to present a “room-size wallpaper that doubles as a monitor. It could allow Grandma to keep an eye on her dog while she is away. Bill Gates, Steve Jobs and Robert Iger all had brilliant ideas as to how to stay ahead of the game. Iger and Job’s worked with each other bringing Apple to Disney and vice versa. They were intelligent businessmen in the end and they understood the importance of merging excellent technologies that further their conglomerates but also advanced the future. This is the perfect model for the far more advanced children of today who are growing up in this fast paced world of convergence. Our job as adults is to simply learn and teach as much as we can until our time is up.


           

Provided by:
mediaculturesociety.org

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