Emerging Technologies Promise Business Opportunities, Gartner Says

The blurring of the physical and digital worlds is creating new business opportunities for companies perceptive enough to embrace options including artificial intelligence (AI), machine learning and smart technologies. That’s the conclusion of a new report from Gartner on the hype cycle of emerging technologies. “Digital business is about more than technologies. It is about creating new business models and new ways to engage with customers, partners and suppliers in your business ecosystem,” explained Betsy Burton, co-author of the report. Gartner defines a hype cycle as “a graphical depiction of a common pattern that arises with each new technology or other innovation.” The five phases in the hype cycle are: Technology Trigger: Where the technology is introduced and starts to gain traction Peak of Inflated Expectations: Highly marketed and talked about as a…

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