Gartner Inc has released a new report that identifies three distinct technology trends that are poised to be of the highest priority for organizations facing rapidly accelerating digital business innovation.
The report "Hype Cycle for Emerging Technologies, 2016” categorizes the three trends as transparently immersive experiences, the perceptual smart machine age, and the platform revolution. Gartner says that these trends will create new experiences with unrivaled intelligence and offer platforms that allow organizations to connect with new business ecosystems.
"To thrive in the digital economy, enterprise architects must continue to work 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," said Mike J. Walker, research director at Gartner. "This Hype Cycle provides a high-level view of important emerging trends that organizations must track, as well as the specific technologies that must be monitored."
The report says that emerging technologies are revolutionizing the concepts of how platforms are defined and used. The shift from technical infrastructure to ecosystem-enabling platforms is laying the foundations for entirely new business models that are forming the bridge between humans and technology.
However, it emphasizes that the emerging technology is at a stage in its development where the general perception among people incline towards “inflated expectations” about its benefits. Blockchain, Internet of Things (IoT) platforms, smart robots are some of the technologies included in this category.
According to CoinDesk, the report further estimates that blockchain technology will become "transformational" across a variety of industries, and it expects that this transition is only 5-10 years away. It further states that the technology is currently being used by less than 1% of its total users and predicts that the technology will advance most quickly in the manufacturing, government, healthcare and education sectors.
"As a portent for the rise of the programmable economy, the potential of this technology to radically transform economic interactions should raise critical questions for society, governments and enterprises, for which there are no clear answers today”, it added.
