For resellers the lesson is stark yet positive: Neglecting the need to change could be the biggest destabiliser of their business, but embracing new models and unconventional approaches will yield massive benefits and be far more transformative in the long-term.
"The biggest issue with digitalisation is redefining traditional business models," stated Comms Vision panel debate host John Chapman. "We need to think outside the square, especially with new competitors emerging from left of field."
Resellers should take the lead in two modern-day tech revolutions, in software and computing, noted panelist Alex Tempest, Director of Partners, TalkTalk Business. "Software apps is a huge market," she said. "Some are commoditised, but they are exploding out of innovation and our market is a natural place for software to reside.
"For example, SDN provides platform innovation and intelligent networks. It enables us to go into networks and bespoke flexible solutions. Key considerations for the channel are partner choice and whether their skill sets allow them to be competitive."
Those resellers still working under the shadow of archaic and time-limited modes of operation will lose out to more nimble forward looking rivals, believes Tempest. "New players challenge conventional thinking, and they tell us how to make our industry better," she added.
"One example is the future role of robotics. So the channel needs to do some housekeeping and ask whether it trusts the innovation and disruption brought in by new entrants.
"The consumer space is also innovative, and that innovation flows into the B2B market where customers have more to consider. So we take the best of what the consumer market offers. This stretches us as an industry - disruption and innovation are two areas of growth."
The danger for resellers without a whisper of lateral thinking is to become a forgotten outpost of a crumbling 'old world' of communications. But DRD CEO Dave Dadds offered some golden nuggets of strategic direction.
"The market we are moving into is far bigger than the one we're leaving behind," he commented. "It's an exciting future, not in telephony, but software and technology such as analytics.
"We spend time looking at where we are. It used to be a case of focusing on the end product, but we need to go back and assess how we are delivering and supporting services.
"This means being more introspective, stepping back, ignoring much of the hype and working out how we can be smarter with APIs for example. The industry is exciting, but we need to get the basics right by reversing our thinking."
The future success of reseller business will also be indicated by their capacity to create market potency based on agility and simplified go-to-market models. "Voice is an application unshackled from telephony," stated David Axam, Head of Hosted, BT Wholesale. "But it's about making that app easy to use and consume. This is key. It's where the value lies.
"Furthermore, platforms constantly evolving with software updates. That's 'agility' and it's not going away. Partners need to manage this change."
Panel debate soundbites
"The more people communicate, the more relevant we are as an industry, which underlines the viability of the channel. The channel is dynamic, adaptable and changes far quicker than large organisations ever could. Our role is to support, educate and train."
David Axam, Head of Hosted, BT Wholesale
"Convergence has been happening for 20 years. I made my first Internet call in 1986. But this is the most exciting time to be alive. We have all the tools we need and a wide choice of who we can go to. The big question is where to keep all the money."
Clayton Nash, Head of Products, CityFibre