‘Blockchain and Connected Home are Almost at the Peak of the Hype Cycle,’ Says Gartner’s Report

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by Tatsiana Yablonskaya · 4 min read
‘Blockchain and Connected Home are Almost at the Peak of the Hype Cycle,’ Says Gartner’s Report
Gartner, Inc. is one of the world's leading information technology research and advisory companies. Photo: Gartner Pictures/Flickr

The Hype Cycle for Emerging Technologies report by Gartner has focused on three key technologies that will dominate in the coming years.

Gartner, the world’s leading information technology research and advisory company, has published the Hype Cycle for Emerging Technologies report and marked three technology trends that are of primary interest for companies facing rapidly accelerating digital business innovation.

The Hype Cycle for Emerging Technologies report focuses on the emerging technologies and trends that business strategists, chief innovation officers, R&D leaders, entrepreneurs, global market developers and emerging-technology teams should take a closer look on while developing technology portfolios.

“The Hype Cycle for Emerging Technologies is unique among most Hype Cycles because it distills insights from more than 2,000 technologies into a succinct set of must-know emerging technologies and trends that will have the single greatest impact on an organization’s strategic planning,” states Mike J. Walker, research director at Gartner. “This Hype Cycle specifically focuses on the set of technologies that is showing promise in delivering a high degree of competitive advantage over the next five to 10 years.”

This year, Gartner names transparently immersive experiences, the perceptual smart machine age, and the platform revolution as the three all-embracing technology trends that provide platforms for organizations to connect with new business ecosystems and create new experiences with unrivaled intelligence.

According to Mr. Walker, companies shouldn’t stop working with their CIOs and business leaders ”to proactively discover emerging technologies that will enable transformational business models for competitive advantage, maximize value through reduction of operating costs, and overcome legal and regulatory hurdles”.

Below you wil lfine the key technology trends.

Transparently Immersive Experiences

Gartner considers that technology with become more human-centric to the point where it will introduce transparency between people, businesses and things. And as technology development becomes adaptive and interacts with businesses, relations between people and technologies get much more entwined.

The Hype Cycle for Emerging Technologies report enumerates 4D Printing, Brain-Computer Interface, Human Augmentation, Volumetric Displays, Affective Computing, Connected Home, Nanotube Electronics, Augmented Reality, Virtual Reality and Gesture Control Devices as the most critical technologies.

The Perceptual Smart Machine Age

Gartner takes into account radical computational power, near-endless amounts of data, and unprecedented advances in deep neural networks and predicts that smart machine technologies will become the most disruptive ones over the next 10 years. Companies that will focus on smart machine technologies will be able to adapt to new situations and solve problems that no one has encountered previously.

The most important technologies are Smart Dust, Machine Learning, Virtual Personal Assistants, Cognitive Expert Advisors, Smart Data Discovery, Smart Workspace, Conversational User Interfaces, Smart Robots, Commercial UAVs (Drones), Autonomous Vehicles, Natural-Language Question Answering, Personal Analytics, Enterprise Taxonomy and Ontology Management, Data Broker PaaS (dbrPaaS), and Context Brokering.

The Platform Revolution

Nowadays, the very concept of how platforms are developed has changed. New ecosystem-enabling platforms create absolutely new business models that are forming the bridge between humans and technology.

Companies need to reconsider their strategies to use internal and external algorithms in order to generate value and create platform-based business models. The platform-enabling technologies everyone should pay attention to are Neuromorphic Hardware, Quantum Computing, Blockchain, IoT Platform, Software-Defined Security and Software-Defined Anything (SDx).

“These trends illustrate that the more organizations are able to make technology an integral part of their employees’, partners’ and customers’ experience, the more they will be able to connect their ecosystems to platforms in new and dynamic ways,” said Mr. Walker. “Also, as smart machine technologies continue to evolve, they will become part of the human experience and the digital business ecosystem.”

Gartner will continue profoundly explore and discuss emerging technologies during Gartner Symposium/ITxpo 2016, the global gathering of CIOs and other senior IT executives. The dates and location for Gartner Symposium/ITxpo 2016 events can be found here.

Blockchain News, Editor's Choice, Internet of Things News, News
Tatsiana Yablonskaya

Taking strong interest in blockchain, cryptocurrencies, and IoT, Tatsiana Yablonskaya got deep understanding of the emerging techs believing in their potential to drive the future.

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