New Delhi, June 4 -- As multiple foundational technologies reach maturity simultaneously, a report by the World Economic Forum emphasised a critical shift in how this innovation is evolving.

The report mentioned that individual breakthroughs are no longer sufficient. The new frontier of innovation lies in the combination, convergence, and compounding of technologies, a process WEF captures in its 3C Framework.

The report said, "While technology combination creates capability advantage, convergence translates this advantage into revenue growth by reshaping value chains and opening new market opportunities".

The report identified eight advanced technology domains at the heart of this transformation. These include Artificial Intelligence ...