Tuesday, August 26, 2014

An upset in the hype cycle battle

If you are one to enjoy the big promises and excitement around high tech, the recent Gartner report of the Hype Cycle for Emerging Technologies featured an exciting battle between two hype heavyweights: Big Data and The Internet of Things.

The free special report, has been published for 20 years chronicling the advancement of technologies across a roller coaster curve through periods ranging from the Innovation Trigger to the Peak of Inflated Expectations, dropping down through the Trough of Disillusionment and finally up the Slope of Enlightenment to the Plateau of Productivity. While these regions might sound a bit subjective, they do take into account that not all technologies progress at the same rate, and not every hyped technology even makes it to a point of productivity.

Big Data still has a long ride ahead of it down the backside of Inflated Expectations, with a projected 5-10 years until it reaches the Plateau. Gartner sees progress is being made, stating:
“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.”
Those projections until maturity are fluid. In 2012 and 2013, the analysts thought the Internet of Things had more than 10 years to reach productivity, but this year that was shortened to 5-10 years. Gartner says it's already "becoming a vibrant part of our, our customers' and our partners' business and IT landscape."