In the last two years, Artificial intelligence (AI), the Internet of Things and data centers were the key drivers behind mergers and acquisition (M&A) activity, data and analytics company,
In the latest report titled ‘Merger & Acquisition in Technology, Media and telecoms (TMT), Globaldata noted that in 2018, the total transaction value of M&A deals announced in the global TMT sector reached $630bn, up 23 percent from 2017 and significantly ahead of other markets in both 2017 and 2018.
“Running any business today requires an understanding of all disruptive threats – and most of these threats come from the technology sector. Whatever industry you are in, technology now makes it easier for you to be disrupted. Those lining up to disrupt you are smaller and nimbler, and they don’t compete on a level playing field with you,” said Cyrus Mewawalla, Head of Thematic Research.
GlobalData’s technology thematic research shows that other disruptive themes include autonomous vehicles, medtech, adtech, internet TV, virtual reality (VR), augmented reality (AR), robotics, cloud computing and geopolitics.
AI, the Internet
of Things, robotics, cloud computing and 5G could be described as ‘megathemes’
regarded as likely to have the biggest disruptive impact on organizations.
Mewawalla adds, “We are witnessing increasing technology adoption across
industries as companies attempt to ride the wave of innovation and digital
transformation that is transforming industries from agriculture, to healthcare,
motor cars, defense, banking, insurance, construction, and energy.
At the same time, as
Generation Z takes center stage, demand for personalization, omni-channel
experiences, and predictive customer care is forcing businesses to redefine
every aspect of business to target changing consumption patterns and customer
expectations. These key themes are forcing businesses across industries to
review their strategies and business models – and then use M&A to tackle
those disruptive themes, not merely to gain competitive advantage, but just to
survive