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Further, Dr. Hacklin in his book tled ‘Management of Convergence in Innova on’<br />
explains the 4 stages of the Evolu onary Convergence Process.<br />
THE EVOLUTIONARY CONVERGENCE PROCESS<br />
Distinct Knowledge<br />
Bases<br />
Unassociated<br />
Technologies<br />
Intersected<br />
Technologies<br />
Integrated<br />
Technologies<br />
Substituent Technology<br />
Base<br />
Knowledge Convergence<br />
Technological<br />
Convergence<br />
Applicational<br />
Convergence<br />
Industrial<br />
Convergence<br />
• Spill Over<br />
between<br />
Knowledge<br />
Bases<br />
• Technologies S ll<br />
separate<br />
• Domain of similar<br />
technologies<br />
emerges<br />
• Common<br />
products and<br />
business models<br />
s ll to be proven<br />
• Common<br />
technological<br />
base becomes de<br />
facto standard<br />
• Business models<br />
of different<br />
industries collide<br />
• “Convergent<br />
dominant design”<br />
becomes<br />
established<br />
• Industry<br />
boundaries<br />
become erode<br />
Source Hacklin, F. (2008).<br />
Converging technologies point out emerging<br />
interac ons between previously separate fields of<br />
research and technological development. Such shi s<br />
result in qualita vely new technological possibili es with<br />
poten ally revolu onary impacts. Resultant opportuni es<br />
also create threats for companies in case they fail to respond<br />
to the change. For instance, Ne lix disrupted the market and<br />
opened up a new compe ve sphere in the music industry.<br />
Convergence services such as VoIP, IPTV, Mobile TV, Web<br />
TV, Webcas ng, Email and Internet access via digital<br />
decoders, have replaced some of the old technologies.<br />
Similarly, a new paradigm in telemedicine technology Tele<br />
ICU, is a kind of virtual ICU (intensive care unit) that remotely<br />
monitors a pa ent’s status. It is a combina on of stateoftheart<br />
audiovisual communica on, computer systems,<br />
communica ons, cloud compu ng, Big Data analy cs and<br />
others fields.<br />
McKinsey Global Ins tute’s (May 2013) report suggests<br />
twelve disrup ve technologies: Mobile Internet,<br />
Automa on of Knowledge Work, The Internet of Things,<br />
Cloud Technology, Advanced Robo cs, Nextgenera on<br />
Genomics, Autonomous and NearAutonomous Vehicles,<br />
Energy Storage, 3D Prin ng, Advanced Materials, Advanced<br />
Oil and Gas Explora on and Recovery and Renewable<br />
Energy. These technology advances that will transform life<br />
and businesses will have the poten al to drive direct<br />
economic impact to the order of USD 14 trillion to<br />
USD 33 trillion per year in 2025.<br />
Pune is a major industrial hub and hosts one of the biggest<br />
industrial zones not only in India, but in Asia as well. With a<br />
number of wellestablished corporates in the city and a<br />
number of startups cropping up across sectors, Pune is now<br />
counted as one of the few entrepreneurial goto<br />
des na ons in the country.<br />
Think Pune can strategically focus on convergence, enabling<br />
a sustainable and scalable environment to create new<br />
shared opportuni es across exis ng value chains in<br />
Automo ve, Informa on & Communica on Technology,<br />
Energy, Healthcare, Green Ini a ves, Manufacturing,<br />
Pharmaceu cals, Chemicals, Biotechnology, Medical and<br />
other industries. Interlinkage opportuni es can help<br />
elevate Pune as a hub for convergencerelated radical<br />
innova ons. Startups and organiza ons can take advantage<br />
of this pla orm and explore new avenues of breakthrough<br />
confluence, to create significant economic value with a high<br />
impact through effec ve collabora on and crosssector<br />
partnership, which does not exist today.<br />
The report highlights Pune’s strengths in some of the key<br />
domains where a number of startups have emerged in the<br />
last few years. While the report is restricted to a few specific<br />
domains, it may not capture the en re entrepreneurial<br />
ecosystem in Pune. Besides the domains covered in the<br />
report, the city is also showing posi ve signs of being a<br />
hotspot for sectors including gaming, food and design.<br />
Interes ngly, Pune is also being referred to as the ‘Design<br />
Capital of India’, yet another tle for the city!<br />
chejad@gmail.com<br />
2018<br />
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