Gartner Identifies Key Emerging Technologies Spurring Innovation
August 23, 2021
Share this

Engineering trust, accelerating growth and sculpting change are the three overarching trends on the Gartner, Inc. 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.

"Technology innovation is a key enabler of competitive differentiation and is the catalyst for transforming many industries. Breakthrough technologies are continually appearing, challenging even the most innovative organizations to keep up," said Brian Burke, Research VP at Gartner. "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."

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.

"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 VP 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 through the themes of Trust, Growth and Change," said Philip Dawson, Research VP at Gartner.

Three Themes of Emerging Technology Trends

Engineering Trust: Trust demands security and reliability. However, it can also extend to building innovations as a resilient core and foundation for IT to deliver business value. This foundation must consist of engineered, repeatable, trusted, proven and scalable working practices and innovations.

For example, the market for digital and cloud technology and services is currently dominated by US and Asian providers. 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. 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.

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.

Accelerating Growth: After the trusted core business is established, recovery and growth can happen. Organizations should balance technology risk with the appetite for business risk to ensure near-term objectives are attainable. Once the innovation-led core is scaling, accelerated growth extends delivery and value.

For example, generative AI is an emerging technology that the pharmaceutical industry is using to help reduce costs and time in drug discovery. Gartner predicts that by 2025, more than 30% of new drugs and materials will be systematically discovered using generative AI techniques. 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.

To accelerate growth, the following technologies should be explored: multiexperience, industry cloud, AI-driven innovation, quantum machine learning (ML), generative AI and digital humans.

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. The art is to anticipate and auto-tune to the needs of change.

For example, composable business applications enable a better match of application experiences to a changing, operational business context. 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.

Organizations looking to sculpt change should consider composable applications, composable networks, AI-augmented design, AI-augmented software engineering, physics-informed AI, influence engineering, digital platform conductor tools, named data networking and self-integrating applications.

Share this

The Latest

May 28, 2024
When it comes to ensuring the effectiveness of a software application, it's paramount to ensure that the application can handle varying degrees of demand. Performance testing is a crucial aspect of the software development cycle ...
May 23, 2024

Hybrid cloud architecture is breaking the backs of network engineering and operations teams. These teams are more successful when their companies go all-in with the cloud or stay out of it entirely. When companies maintain hybrid infrastructure, with applications and data residing across data centers and public cloud services, the network team struggles. This insight emerged in the newly published 2024 edition of Enterprise Management Associates' (EMA) Network Management Megatrends research ...

May 22, 2024

As IT practitioners, we often find ourselves fighting fires rather than proactively getting ahead ... Many spend countless hours managing several tools that give them different, fractured views of their own work — which isn't an effective use of time. Balancing daily technical tasks with long-term company goals requires a three-step approach. I'll share these steps and tips for others to do the same ...

May 21, 2024

IT service outages are more than a minor inconvenience. They can cost businesses millions while simultaneously leading to customer dissatisfaction and reputational damage. Moreover, the constant pressure of dealing with fire drills and escalations day and night can take a heavy toll on ITOps teams, leading to increased stress, human error, and burnout ...

May 20, 2024

Amid economic disruption, fintech competition, and other headwinds in recent years, banks have had to quickly adjust to the demands of the market. This adaptation is often reliant on having the right technology infrastructure in place ...

May 17, 2024

In MEAN TIME TO INSIGHT Episode 6, Shamus McGillicuddy, VP of Research, Network Infrastructure and Operations, at EMA discusses network automation ...

May 16, 2024

In the ever-evolving landscape of software development and infrastructure management, observability stands as a crucial pillar. Among its fundamental components lies log collection ... However, traditional methods of log collection have faced challenges, especially in high-volume and dynamic environments. Enter eBPF, a groundbreaking technology ...

May 15, 2024

Businesses are dazzled by the promise of generative AI, as it touts the capability to increase productivity and efficiency, cut costs, and provide competitive advantages. With more and more generative AI options available today, businesses are now investigating how to convert the AI promise into profit. One way businesses are looking to do this is by using AI to improve personalized customer engagement ...

May 14, 2024

In the fast-evolving realm of cloud computing, where innovation collides with fiscal responsibility, the Flexera 2024 State of the Cloud Report illuminates the challenges and triumphs shaping the digital landscape ... At the forefront of this year's findings is the resounding chorus of organizations grappling with cloud costs ...

May 13, 2024

Government agencies are transforming to improve the digital experience for employees and citizens, allowing them to achieve key goals, including unleashing staff productivity, recruiting and retaining talent in the public sector, and delivering on the mission, according to the Global Digital Employee Experience (DEX) Survey from Riverbed ...