Tuesday, December 8, 2009

Consolidation is in the air!

The recession has brought out some contrast changes in the market over the last year.
Consolidation has marked its impact on almost all entities... financial institutions, technology providers and also industry analyst firms.
Though much of it is experienced by North America, it has not been limited to this territory alone. All of the globe has been impacted and market doesnt seem to be the same.

Bigger players have become bigger or have completely bailed out, medium sized firms are still struggling to create and maintain their presence and most of the smaller firms have either closed, sold or merged.

If you have seen the movie 2012 which suggests that the earth's map gets completely re-painted, the industry analyst landscape is also getting renovated.

We as industry analyst relations professionals only hope to have the consolidation leading us to have better and more intelligent information source being made available to our peers, more innovation to support the solutioning and leveraging IT and Operations to benefit the user community.

With rays of hope guiding the way, all would lead to the best to come.