The Gartner hype cycle is a tool used by analysts to measure the maturity, adoption and social application of specific technologies. The cycle is divided into five phases:
1. Technology Trigger: A potential technology breakthrough kicks off the hype cycle. Early proof-of-concept stories and media interest trigger significant press coverage. Often no usable products exist and commercial viability is unproven.
2. Peak of Inflated Expectations: Early publicity produces a number of success stories — often accompanied by scores of failures. Interest wanes as experiments and implementations fail to deliver. Producers of the technology scramble to make improvements and wring out the bugs.
3. Trough of Disillusionment: Interest falls to the point that some companies abandon the technology altogether. Producers of the technology begin to understand what it will really take to make the technology work in a real-world environment.
4. Slope of Enlightenment: More instances of how the technology can be used in practise begin to emerge. Second- and third-generation products appear. Firms begin to understand, with more clarity, the benefits and drawbacks of the technology.
5. Plateau of Productivity: Mainstream adoption takes off. The technology becomes widely accepted and integrated into the mainstream.
What are the five components of Gartner's hype cycle?
The five components of Gartner's hype cycle are:
1. Technology Trigger: This is the point at which a new technology is initially introduced or publicized.
2. Peak of Inflated Expectations: This is the point at which the technology's hype reaches its peak, and people's expectations for it are the highest.
3. Trough of Disillusionment: This is the point at which the technology's hype starts to die down, and people begin to realize that it may not live up to their expectations.
4. Slope of Enlightenment: This is the point at which people start to gain a better understanding of the technology and its potential uses.
5. Plateau of Productivity: This is the point at which the technology is widely adopted and is being used for its intended purpose.
Is Gartner Hype Cycle useful?
Yes, Gartner Hype Cycle can be useful in certain situations. It can help organizations understand the maturity of different technologies and how they are likely to evolve over time. Additionally, the Hype Cycle can provide guidance on when to invest in new technologies and when to wait for them to become more established.
How accurate is the Gartner Hype Cycle?
The Gartner Hype Cycle is a model that is used to predict the adoption and evolution of new technologies. It is based on the observation that there is a pattern to the way new technologies are adopted and diffused over time. The model is used to identify where a particular technology is in its adoption cycle, and to make predictions about future adoption rates.
The Gartner Hype Cycle has been found to be generally accurate in predicting the adoption of new technologies. However, it is not perfect, and there are some limitations to its accuracy. First, the model is based on historical data, and so it may not be accurate in predicting the adoption of new technologies that have not yet been invented. Second, the model does not take into account all of the factors that can affect the adoption of new technologies, such as economic conditions and social trends. Finally, the Gartner Hype Cycle is only one model, and so it should not be used as the sole basis for making decisions about the adoption of new technologies.
What is the hype cycle used for?
The hype cycle is a framework used to identify and track emerging technologies and trends. It is used by businesses and organizations to make informed decisions about investing in new technologies.
The hype cycle is often used in conjunction with the Gartner Hype Cycle, which is a specific framework created by the research and advisory firm Gartner. The Gartner Hype Cycle consists of five phases:
1. Technology Trigger: This is the phase where a new technology or trend is first introduced and begins to generate excitement.
2. Peak of Inflated Expectations: This is the phase where the hype around the new technology or trend reaches its peak and expectations are often unrealistic.
3. Trough of Disillusionment: This is the phase where the new technology or trend fails to live up to the hype and people become disillusioned.
4. Slope of Enlightenment: This is the phase where people begin to understand the new technology or trend and its potential benefits.
5. Plateau of Productivity: This is the phase where the new technology or trend is widely adopted and becomes mainstream.