Receipt
Filed May 4, 2026
The short version
Terry Kawaja's prediction, paraphrased from the linked source (June 23, 2014): Fragmentation happens, so get used to it. Verdict: Called it. Fragmentation continued exactly as Kawaja predicted: the LUMAscapes kept growing (martech alone hit 14,106 logos in 2024), and the consolidation buyers were told to stop waiting for never arrived at the long-tail level.
Prediction by
Terry Kawaja
On June 23, 2014
Paraphrase: Fragmentation happens, so get used to it.
Follow-up
Fragmentation continued exactly as Kawaja predicted: the LUMAscapes kept growing (martech alone hit 14,106 logos in 2024), and the consolidation buyers were told to stop waiting for never arrived at the long-tail level.
Original source
Beet.TV (Cannes Lions)From the High Caliber AI network — see the AI for PR module in the course.
