Gartners Hype Cycle 2005
has released its 2005 Hype Cycle for emerging technologies. It assesses the
maturity, impact, and adoption speed of 44 technologies and trends over the
Gartner has identified three key technology themes businesses
should watch as well as highlighted some of the individual technologies in those
areas. Technologies that will enable the development of collaboration, next
generation architecture, and real world Web are highlighted as being particularly
According to Alexander Linden, Research Vice-president at
Gartner, companies can feel compelled to invest prematurely in a technology
because it is being hyped or, conversely, they may ignore a technology just
because it is not living up to early expectations. He urged organisations to
be selectively aggressive in identifying technologies that could be beneficial
to their business and evaluate these earlier in the Hype Cycle.
For technologies that will have lower impact on your
business, let others learn the difficult lessons, and then adopt the technologies
when they are more mature, Linden said. Its less a matter
of dont believe the hype and more a case of do believe the hype but only
in the wider context of the market place, potential applications and ultimately
the relevance to your business today and tomorrow.
David Cearly, Research Vice- president at Gartner believes
that Next Generation Architecture will constitute the third big era in the IT
industrys history (the first having been the hardware era and second belonging
These emerging technologies will form key pillars of the
Service Oriented Architecture (SOA) uses interactive business
components designed to be meaningful, usable and useful across application or
Web Services-Enabled Business Models represent a new approach
to do business among enterprises and consumers that would not have been possible
without the benefits of Web-services.
Extensible Business Reporting Language (XBRL). This is an
Extensible-Markup-Language-defined standard for analysing, exchanging and reporting
financial information. XBRL helps organisations meet multiple financial reporting
needs through a single instance of financial data.
Business Process Platforms (BPP) provide business process
flexibility and adaptability. They use SOA design principles and are metadata
and model driven.