Broadcasters broadcasted, computers computed, and telephones rang each other up. Now broadcasters, network providers, and telecommunications giants, among many others, are being swept into a dizzying convergence information laden, multimedia video links. All the old rules of who delivers what to whom , how and where are shattering as once separate technologies are being warped together as merge lanes on an information superhighway. Successfully negotiating these changes will bring enormous rewards. Failure may bring extinction.
Information is the new exchange currency.
Mergers and alliances dominate the news as global businesses scramble to diversify their knowledge and increase their technological prowess, earnestly preparing for growth-or survival. Convergence is driven by technological evolution and market development. Today that has changed dramatically. New compression standards for video greatly reduce the bandwidth necessary to transmit signals. This enables network operators to expand their offerings with new services tailored for individuals and business.