The Hype Cycle for ICT in India, 2016 (see illustration above) identifies 25 key technologies at various stages of maturity that are most relevant for information technology in India and positions them on the Gartner Hype Cycle. “It’s clear that many of the technologies on the 2016 Hype Cycle for ICT in India also appear in the global ICT Hype Cycle.” India has evolved from an ICT environment that was about 18 months to two years behind global trends at the start of the decade, to one in which most trends are in sync with global trends,” said Santhosh Rao, principal research analyst at Gartner. “When comparing the technology entries for India and the rest of the world, we noticed that the overall technology lag - that is, global traction versus India traction - is gradually closing.
#GARTNER HYPE CYCLE INTERNET OF THINGS SOFTWARE#
The Gartner “ Hype Cycle for ICT in India, 2016” shows that more local vendors are entering both emerging and mature technology segments in India, including areas such as the Internet of Things (IoT) and software as a service (SaaS). Posted by Rudy de Waele aka / shift2020.Mumbai, November 3, 2016: T he technology lag that once existed between India and other major technology markets continues to narrow, according to Gartner, Inc. Gerd Leonhard on the unintended consequences of the IoT: proceed with cautionĪnd some related slides courtesy of Gerd Leonhard: IoT Shifts Conference, Barcelona, October 19-20 Why The Internet Of Things Will Drive A Knowledge Revolution Gartner’s 2015 Hype Cycle for Emerging Technologies Digitization blurs the lines between technology companies and other types of businesses makers of industrial machinery, for example, are creating new business models by using IoT links and data to offer their products as a service. As in other technology waves, both incumbents and new players have opportunities.
For example, on an oil rig that has 30,000 sensors, only 1 percent of the data are examined.
Currently, most IoT data are not used.Of the total potential economic value the IoT enables, interoperability is required for 40 percent on average and for nearly 60 percent in some settings. Interoperability between IoT systems is critical.Some of the other findings in the report, include: At the top end, that level of value-including the consumer surplus-would be equivalent to about 11 percent of the world economy.
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The central finding in the report is that the hype may actually understate the full potential-but that capturing it will require an understanding of where real value can be created and a successful effort to address a set of systems issues, including interoperability.Īccording the report, the IoT has a total potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025. Although The Internet of Things (#IoT) is still listed as one of the top hypes in Gartner’s 2015 Hype Cycle for Emerging Technologies this year, a new McKinsey Global Institute report, The Internet of Things: Mapping the value beyond the hype, attempts to determine exactly how IoT technology can create real economic value.