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Industry transformation and convergence create new possibilities, business opportunities and even new industries. Many factors can be identified as reasons for transformations in industry branches in international level. The change drivers include e.g. fast growth and development of international trade and growth, participation of very different countries with various cost levels in international change and trade, quick evolution of international logistics and tremendous changes in information change and transmission and fragmentation of value chains to value networks. Particularly in small countries the clusters have fragmented and even their parts have been unbundled to pieces in different counties as part of globalization.

Smart homes as service platforms for new healthcare and energy services