What is Inflection point?


An event that results in significant changes in the progress of a company, industry, sector, economy or geopolitical situation is called as an inflection point. It can be considered a turning point after which a dramatic change, with either positive or negative results, is expected to result. Companies, industries, sectors and economies are dynamic and constantly evolving. Inflection points are more significant than the small day-to-day progress that is made and the effects of the change are often well-known and widespread.