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The IT industry’s reliance on acquisitions is a necessary driver of innovation, though they often seem to get in the way of competition and progress. This episode of the Tech Field Day podcast, recorded during Cloud Field Day 21, features Ray Lucchesi, Jon Hildebrand, Ken Nalbone, and Stephen Foskett considering whether acquisitions in the IT industry are a necessary evil or a detriment to innovation. Acquisitions are often seen as a double-edged sword, with both positive and negative implications. On one hand, acquisitions can fuel innovation by providing smaller companies with the resources and market access they need to scale their ideas. On the other hand, they can stifle competition, lead to cultural clashes, and sometimes result in the disappearance of promising technologies or products.
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