Tech 'incumbents' strike back as 'disruptors' consolidate: IBM | ABS-CBN
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Tech 'incumbents' strike back as 'disruptors' consolidate: IBM
Tech 'incumbents' strike back as 'disruptors' consolidate: IBM
ABS-CBN News
Published Jun 04, 2018 10:06 AM PHT
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Updated Jun 05, 2018 08:42 AM PHT
MANILA - Established technology companies or "incumbents" have begun to acquire smaller rivals or "disruptors," when these startups are not merging with each other, IBM Philippines said Monday.
MANILA - Established technology companies or "incumbents" have begun to acquire smaller rivals or "disruptors," when these startups are not merging with each other, IBM Philippines said Monday.
"What you see happening is a cyclical nature of how these things come about," IBM Philippines chairman and CEO Luis Pineda said.
"What you see happening is a cyclical nature of how these things come about," IBM Philippines chairman and CEO Luis Pineda said.
Disruptors like Uber recently ceded China to Didi Chuxing and Southeast Asia, including the Philippines, to Grab.
Disruptors like Uber recently ceded China to Didi Chuxing and Southeast Asia, including the Philippines, to Grab.
Technology incumbents can help smaller companies harness artificial intelligence and blockchain, he said.
Technology incumbents can help smaller companies harness artificial intelligence and blockchain, he said.
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