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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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