GV Blog

Five Benefits of Supplier Consolidation

m☰nu
Industry Commentary from Grass Valley


Mergers and acquisitions (M&A) continued at a record pace in 2017, according to a recent article in the Harvard Business Review. The drivers of this pace, technology advancement and globalization, will continue to reshape virtually every industry, often resulting in business consolidations. So, the question then becomes, is consolidation good for a market and customers?

In the rapidly-evolving broadcast space, Grass Valley itself has been through the M&A process many times during its last half century of market leadership. Based on our experience and what we've observed in other markets, we see many benefits for the market resulting from this consolidation. Here are five benefits that are common across today's high-tech industries:
So yes, consolidation does mean change. But it also means opportunity and advancement. Consolidation is a positive force in the market that drives progress in technology and service. Customers can benefit from this progress in their own businesses. As Ben Franklin said, "Without continual growth and progress, such words as improvement, achievement, and success have no meaning."

- Tim
Follow me on LinkedIn at https://www.linkedin.com/in/timothyshoulders/
 Comments 
Mon, 19 Feb 2018 16:48:07 PST
JZegar... wrote:

Valioso articulo.

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