Digital Convergence: The Trillion Dollar Challenge

"Despite a history of hype and limited actual success in the 1990s, digital convergence has now become a reality, says a new report from Deloitte’s Technology, Media and Telecommunications (TMT) industry practice, and companies who do not adapt to this trend face failure.  ¶  The report, 'Digital Convergence: The Trillion Dollar Challenge,' [pdf] ... asserts that convergence will create new product categories and new markets. But, more importantly, in some cases it will change the structure of existing industries – shifting the balance of power and altering the basis of competition. ...¶... Some of the most significant converged services are expected to be from Voice over IP (VoIP), with industry analysts forecasting $1 trillion in revenue by 2010. In addition, Internet Protocol (IP) appliances, which will include next-generation digital music players, home entertainment services, home video phones and enterprise collaboration services, will also generate sizeable revenue. Other emerging products and services expected to generate substantial revenues by 2010 include enterprise collaboration software, IP television, mobile phone content, networked games and online music. ..."  Link:  Deloitte press release.  Thanks to paidContent.org.  --Dennis