convergence model

A convergence model describes how different industries, technologies, or markets increasingly come together and overlap over time. Imagine separate streams flowing independently; as they converge, they form a single, stronger river. This process often leads to new opportunities, integrated solutions, or enhanced efficiency because diverse fields share resources, knowledge, and functions. In business or technology, convergence reflects the blending of previously distinct areas—like telecommunications merging with internet services—fostering innovation and creating more comprehensive offerings for consumers.