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Gartner Reports ‘Internet of Things’ Tops the Technology Hype Cycle

By   /  August 27, 2014  /  No Comments

Gil Press of Forbes reports, “Gartner released last week its latest Hype Cycle for Emerging Technologies.”

Gartner_2014-2Gil Press of Forbes reports, “Gartner released last week its latest Hype Cycle for Emerging Technologies. Last year, big data reigned supreme, at what Gartner calls the ‘peak of inflated expectations.’  But now big data has moved down the ‘trough of disillusionment’ replaced by the Internet of Things at the top of the hype cycle.  In 2012 and in 2013 Gartner’s analysts thought that the Internet of Things had more than 10 years to reach the ‘plateau of productivity’ but this year they give it five to ten years to reach this final stage of maturity. The Internet of Things, says Gartner, ‘is becoming a vibrant part of our, our customers’ and our partners’ business and IT landscape’.”

Press goes on, “A new entry to the Hype Cycle this year is ‘data science,’ projected to reach the plateau in 2 to 5 years. It’s more a discipline for dealing with big data then a specific technology or set of technologies, so it’s interesting to note that big data is still considered by Gartner to be 5 to 10 years away from reaching that stage.  In its Hype Cycle Special Report Gartner says that ‘While interest in big data remains undiminished, it has moved beyond the peak because the market has settled into a reasonable set of approaches, and the new technologies and practices are additive to existing solutions.’ This statement seems to be a bit premature and the somewhat contradictory assessment of 5 to 10 years to maturity may indicate that Gartner is not entirely confident that the market has indeed ‘settled’.”

Read more here.

Image: Courtesy Gartner

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