With the industry in transition, market leaders need to be able to change without being stifled by past successes, according to Bregman. "The interesting challenge … is to understand how you can be a leader in the new paradigm" he said.

"Leadership brings with it a lot of burdens," Bregman said.

Forces of change in IT include the continued commoditization of hardware, broadband ubiquity, power shifting to users and globalization, said Bregman.