![]() ![]() A sharp uptick in adoption begins until the innovation becomes mainstream. The innovation has demonstrated real-world productivity and benefits, and more organizations feel comfortable with the greatly reduced level of risk. By learning from the experiences of early adopters, organizations gain a better understanding of where and how the innovation will deliver significant value (and where it will not). Some early adopters overcome the initial hurdles and begin to see the benefits of the innovation. The original overexcitement about the innovation dissipates, and offset disillusionment sets in due to performance issues, slower-than-expected adoption or a failure to deliver timely financial returns. In some cases, a financial bubble may form around the innovation. The excitement and expectations for the innovation exceed the reality of its current capabilities. A breakthrough, public demonstration, product launch or other event sparks media and industry interest in a technology or other type of innovation. The Gartner Hype Cycle is a graphic representation of the maturity lifecycle of new technologies and innovations divided into five phases: Innovation Trigger, Peak of Inflated Expectations, Trough of Disillusionment, Slope of Enlightenment, and Plateau of Productivity. Let us explore each of these elements and learn how we believe organizations can leverage them to make better decisions regarding the adoption of technologies. We believe that each Hype Cycle report includes three key elements: the Hype Cycle itself, the Priority Matrix, and Innovation Profiles of each technology. ![]() To our understanding, there are currently 95 such Hype Cycles by Gartner, including emerging technologies, artificial intelligence, cyber security, and cloud computing. “creates more than 90 Hype Cycles in various domains as a way for clients to track technology maturity and future potential”. technology research and advisory firm Gartner Inc. The Hype Cycle helps organizations plan to avoid four traps - adopting too early, giving up too soon, adopting too late and hanging on too long.” So let’s understand the Gartner Hype Cycle in detail. “The Hype Cycle helps organizations to avoid common traps and anticipate opportunities when adopting innovations. Organizations require clarity for such technologies and an answer to the question: “Is the hype real?” In our opinion the answer can be found in the Gartner® Hype Cycle™. We are easily flooded with information when we talk about emerging technologies, artificial intelligence, digital workplace, blockchain, the Internet of things, etc. ![]() The world is full of data and information chaos. ![]()
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