Gartner Highlights Emerging Tech Spurring Innovation Through Trust, Growth and Change
August 23, 2021
NFT, Quantum ML, Generative AI, Homomorphic Encryption and Composable Applications and Networks Among Key Technologies to Watch
trust, accelerating growth and sculpting change are the three
overarching trends on the Gartner 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.
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).
Figure 1. Hype Cycle for Emerging Technologies, 2021
“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.
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.
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.
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.
The Hype Cycle for Emerging Technologies, 2021 is just one of over 90 Gartner Hype Cycles covering a wide range of innovations, technologies, business trends and key vertical industries. Additional information is also available in the free Gartner webinar “The Gartner Hype Cycle for Emerging Technologies, 2021.”