Croisette: 29°C, ☀ GloriousChampagne flowing: 14,204 L/hrYachts in port: 82 large / 14 megaLions awarded: 142Wristbands lost: 3,011LinkedIn humblebrags: 41,902Your absence: noted & mockedMagnums of Whispering Angel: depletedEspressos at $24: still ordered
Croisette: 29°C, ☀ GloriousChampagne flowing: 14,204 L/hrYachts in port: 82 large / 14 megaLions awarded: 142Wristbands lost: 3,011LinkedIn humblebrags: 41,902Your absence: noted & mockedMagnums of Whispering Angel: depletedEspressos at $24: still ordered

Cannes Lions · 2014 · Receipt

Terry Kawaja called it.

Verdict: Right
Fragmentation happens, so get used to it. The LUMAscape continues to grow, not shrink — buyers should plan for a complex ecosystem rather than wait for consolidation to simplify it.
Terry Kawaja, Cannes Lions 2014

What actually happened

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.

Verdict tracked by We've Got Receipts

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Pundit page: wevegotreceipts.com/pundits/terry-kawaja