Tuesday, September 19, 2017

Service providers, facilitators and customers ..

This chart gives us some of the world's largest service providers. It is an eye opener at the trend of global things that will emerge in the coming years, it also reminds of the great events that befall planet earth and its commercial world in future.

All of the service providers mentioned here act as middle-men and have been enabled by the Digital world and e-commerce. These companies have great unparallelled networking capabilities that connect the service provider and the customer .

One important player missing here is Google Tez, the Indian Unified Payment Interface (UPI). Without really having much money, Tez would in future control global payments acting as the middlemen between banks, businesses and customers not only within India but around the world

Impacts : 

1. With less of middle men, expenses are less, but often profits are huge. 
2 More consolidation and centralisation of money and power.
3. Streamlined, efficient, well laid out and clear procedures
4. Low risks involved
5. Networking brings more customers and service providers online making the middle-men stronger, more profitable and productive..
6. Small players (middle-men) vanish or are pushed out
The most important lesson this tells us is - the player who has the maximum networking ability is going to control the businesses of the world. 
Where will this global trend lead us to ??

George .

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