Composable business, founded on composable application technology and built with composable thinking, positions organizations to recognize and exploit business opportunities, respond to unexpected disruptions, and meet customers’ changing demands at their pace, retaining their loyalty. The art is to anticipate and auto-tune to the needs of change.įor example, composable business applications enable a better match of application experiences to a changing, operational business context. Sculpting Change: Change is traditionally disruptive and often is tied to chaos, but organizations can use innovations to sculpt change and bring order to chaos. To accelerate growth, the following technologies should be explored: multiexperience, industry cloud, AI-driven innovation, quantum machine learning (ML), generative AI and digital humans. Generative AI will not only augment and accelerate design in many fields it also has the potential to “invent” novel designs that humans may have otherwise missed. Gartner predicts that by 2025, more than 30% of new drugs and materials will be systematically discovered using generative AI techniques. Once the innovation-led core is scaling, accelerated growth extends delivery and value.įor example, generative AI is an emerging technology that the pharmaceutical industry is using to help reduce costs and time in drug discovery. Organizations should balance technology risk with the appetite for business risk to ensure near-term objectives are attainable. The technologies to watch to engineer trust are sovereign cloud, NFT, machine-readable legislation, decentralized identity, decentralized finance, homomorphic encryption, active metadata management, data fabric, real-time incident center and employee communications applications.Īccelerating Growth: After the trusted core business is established, recovery and growth can happen. Countries can engage a sovereign cloud to achieve digital and data sovereignty, which will in turn provide legal requirements to apply data protection controls, residency requirements, protectionism and intelligence gathering. As a result, many European companies store their data in these regions, creating political uneasiness as well as concerns about retaining data control and complying with local regulations. This foundation must consist of engineered, repeatable, trusted, proven and scalable working practices and innovations.įor example, the market for digital and cloud technology and services is currently dominated by U.S. However, it can also extend to building innovations as a resilient core and foundation for IT to deliver business value. Three Themes of Emerging Technology TrendsĮngineering Trust: Trust demands security and reliability. “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 through the themes of Trust, Growth and Change,” said Philip Dawson, research vice president at Gartner.
“As organizations continue their focus on digital business transformation, they must accelerate change and cut through the hype surrounding emerging technologies,” said Melissa Davis, research vice president at Gartner. Hype Cycle for Emerging Technologies, 2021 The Hype Cycle for Emerging Technologies is unique among most Gartner Hype Cycles because it distils insights from more than 1,500 technologies into a succinct set of “must know” emerging technologies and trends that show promise in delivering a high degree of competitive advantage over the next five to 10 years (see Figure 1).įigure 1. “Leading organizations will lean on the emerging technologies in this year’s Hype Cycle to build trust and new growth opportunities against a background of continued strategic change and economic uncertainty.”
Breakthrough technologies are continually appearing, challenging even the most innovative organizations to keep up,” said Brian Burke, research vice president at Gartner. “Technology innovation is a key enabler of competitive differentiation and is the catalyst for transforming many industries. Hype Cycle for Emerging Technologies, 2021 that will drive organizations to explore emerging technologies such as nonfungible tokens ( NFT), sovereign cloud, data fabric, generative AI and composable networks to help secure competitive advantage. STAMFORD, Conn., AugEngineering trust, accelerating growth and sculpting change are the three overarching trends on the Gartner, Inc.
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