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Gartner s 2014 Hype Cycle for Emerging Technologies Maps the Journey to Digital Business,

Newsroom

STAMFORD, Conn., August 11, 2014 View All Press Releases

2014 Hype Cycle Special Report Evaluates the Maturity of More Than 2,000 Technologies

2014 Marks 20th Anniversary of the Gartner Hype Cycle

The journey to digital business is the key theme of Gartner, Inc.’s “Hype Cycle for Emerging Technologies, 2014.” As the Gartner Hype Cycle celebrates its 20th year, Gartner said that as enterprises set out on the journey to becoming digital businesses, identifying and employing the right technologies at the right time will be critical.

Gartner’s 2014 Hype Cycle Special Report provides strategists and planners with an assessment of the maturity, business benefit and future direction of more than 2,000 technologies, grouped into 119 areas. New Hype Cycles this year include Digital Workplace, Connected Homes, Enterprise Mobile Security, 3D Printing and Smart Machines.

The Hype Cycle for Emerging Technologies report is the longest-running annual Hype Cycle, providing a cross-industry perspective on the technologies and trends that business strategists, chief innovation officers, R D leaders, entrepreneurs, global market developers and emerging technology teams should consider in developing emerging-technology portfolios.

“The Hype Cycle for Emerging Technologies is the broadest aggregate Gartner Hype Cycle, featuring technologies that are the focus of attention because of particularly high levels of hype, or those that Gartner believes have the potential for significant impact,” said Jackie Fenn, vice president and Gartner fellow. “Enterprises should use this Hype Cycle to identify which technologies are emerging and use the concept of digital business transformation to identify which business trends may result.”

“The central theme for this year’s Emerging Technologies Hype Cycle is Digital Business (see Figure 1). As enterprises embark on the journey to becoming digital businesses, they will leverage technologies that today are considered to be “emerging,” said Hung LeHong, vice president and Gartner fellow. “Understanding where your enterprise is on this journey and where you need to go will not only determine the amount of change expected for your enterprise, but also map out which combination of technologies support your progression.”

Figure 1. Hype Cycle for Emerging Technologies, 2014

Business report

Source: Gartner (August 2014)

As set out on the Gartner road map to digital business, there are six progressive business era models that enterprises can identify with today and to which they can aspire in the future.

Six Business Era Models in the Digital Business Development Path

Stage 3: E-Business

Stage 4: Digital Marketing

Stage 5: Digital Business

Stage 6: Autonomous

Since the Hype Cycle for Emerging Technologies is purposely focused on more emerging technologies, it mostly supports the last three of these stages: Digital Marketing, Digital Business and Autonomous.

  • Digital Marketing (Stage 4): The Digital Marketing stage sees the emergence of the Nexus of Forces (mobile, social, cloud and information). Enterprises in this stage focus on new and more sophisticated ways to reach consumers, who are more willing to participate in marketing efforts to gain greater social connection, or product and service value. Buyers of products and services have more brand influence than previously, and they see their mobile devices and social networks as preferred gateways. Enterprises at this stage grapple with tapping into buyer influence to grow their business. The following technologies on the Hype Cycle represent the Digital Marketing stage:

Software-Defined Anything; Volumetric and Holographic Displays; Neurobusiness; Data Science; Prescriptive Analytics; Complex Event Processing; Big Data; In-Memory DBMS; Content Analytics; Hybrid Cloud Computing; Gamification; Augmented Reality; Cloud Computing; NFC; Virtual Reality; Gesture Control; In-Memory Analytics; Activity Streams; Speech Recognition.

  • Digital Business (Stage 5): Digital Business is the first post-nexus stage on the road map and focuses on the convergence of people, business and things. The Internet of Things and the concept of blurring the physical and virtual worlds are strong concepts in this stage. Physical assets become digitalized and become equal actors in the business value chain alongside already-digital entities, such as systems and apps. 3D printing takes the digitalization of physical items further and provides opportunities for disruptive change in the supply chain and manufacturing. The ability to digitalize attributes of people (such as the health vital signs) is also part of this stage. Even currency (which is often thought of as digital already) can be transformed (for example, cryptocurrencies). Enterprises seeking to go past the Nexus of Forces technologies to become a digital business should look to these additional technologies:

Bioacoustic Sensing; Digital Security; Smart Workspace; Connected Home; 3D Bioprinting Systems; Affective Computing; Speech-to-Speech Translation; Internet of Things; Cryptocurrencies; Wearable User Interfaces; Consumer 3D Printing; Machine-to-Machine Communication Services; Mobile Health Monitoring; Enterprise 3D Printing; 3D Scanners; Consumer Telematics.

  • Autonomous (Stage 6): Autonomous represents the final post-nexus stage. This stage is defined by an enterprise’s ability to leverage technologies that provide humanlike or human-replacing capabilities. Using autonomous vehicles to move people or products or using cognitive systems to write texts or answer customer questions are all examples that mark the Autonomous stage. Enterprises seeking to reach this stage to gain competitiveness should consider these technologies on the Hype Cycle:

Virtual Personal Assistants; Human Augmentation; Brain-Computer Interface; Quantum Computing; Smart Robots; Biochips; Smart Advisors; Autonomous Vehicles; Natural-Language Question Answering.

“Although we have categorized each of the technologies on the Hype Cycle into one of the digital business stages, enterprises should not limit themselves to these technology groupings,” said Mr. LeHong. “Many early adopters have embraced quite advanced technologies, such as autonomous vehicles or smart advisors, while they continue to improve nexus-related areas, such as mobile apps – so it’s important to look at the bigger picture.”

Additional information is available in Gartner’s “Hype Cycle for Emerging Technologies, 2014” at http://www.gartner.com/document/2809728. The Special Report includes a video in which Betsy Burton, Gartner vice president and distinguished analyst, provides more details regarding this year’s Hype Cycles, as well as links to all of the Hype Cycle reports. The Special Report can be found at http://www.gartner.com/technology/research/hype-cycles/.

Contacts
  • Janessa Rivera
  • Gartner
  • [email protected]
  • Rob van der Meulen
  • Gartner
  • [email protected]
About Gartner

Gartner, Inc. (NYSE: IT) is the world’s leading research and advisory company. The company helps business leaders across all major functions in every industry and enterprise size with the objective insights they need to make the right decisions. Gartner’s comprehensive suite of services delivers strategic advice and proven best practices to help clients succeed in their mission-critical priorities. Gartner is headquartered in Stamford, Connecticut, U.S.A., and has more than 13,000 associates serving clients in 11,000 enterprises in 100 countries. For more information, visit www.gartner.com.

Comments or opinions expressed on this blog are those of the individual contributors only, and do not necessarily represent the views of Gartner, Inc. or its management. Readers may copy and redistribute blog postings on other blogs, or otherwise for private, non-commercial or journalistic purposes. This content may not be used for any other purposes in any other formats or media. The content on this blog is provided on an “as-is” basis. Gartner shall not be liable for any damages whatsoever arising out of the content or use of this blog.

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Gartner s 2014 Hype Cycle for Emerging Technologies Maps the Journey to Digital Business,

Newsroom

STAMFORD, Conn., August 11, 2014 View All Press Releases

2014 Hype Cycle Special Report Evaluates the Maturity of More Than 2,000 Technologies

2014 Marks 20th Anniversary of the Gartner Hype Cycle

The journey to digital business is the key theme of Gartner, Inc.’s “Hype Cycle for Emerging Technologies, 2014.” As the Gartner Hype Cycle celebrates its 20th year, Gartner said that as enterprises set out on the journey to becoming digital businesses, identifying and employing the right technologies at the right time will be critical.

Gartner’s 2014 Hype Cycle Special Report provides strategists and planners with an assessment of the maturity, business benefit and future direction of more than 2,000 technologies, grouped into 119 areas. New Hype Cycles this year include Digital Workplace, Connected Homes, Enterprise Mobile Security, 3D Printing and Smart Machines.

The Hype Cycle for Emerging Technologies report is the longest-running annual Hype Cycle, providing a cross-industry perspective on the technologies and trends that business strategists, chief innovation officers, R D leaders, entrepreneurs, global market developers and emerging technology teams should consider in developing emerging-technology portfolios.

“The Hype Cycle for Emerging Technologies is the broadest aggregate Gartner Hype Cycle, featuring technologies that are the focus of attention because of particularly high levels of hype, or those that Gartner believes have the potential for significant impact,” said Jackie Fenn, vice president and Gartner fellow. “Enterprises should use this Hype Cycle to identify which technologies are emerging and use the concept of digital business transformation to identify which business trends may result.”

“The central theme for this year’s Emerging Technologies Hype Cycle is Digital Business (see Figure 1). As enterprises embark on the journey to becoming digital businesses, they will leverage technologies that today are considered to be “emerging,” said Hung LeHong, vice president and Gartner fellow. “Understanding where your enterprise is on this journey and where you need to go will not only determine the amount of change expected for your enterprise, but also map out which combination of technologies support your progression.”

Figure 1. Hype Cycle for Emerging Technologies, 2014

Business report

Source: Gartner (August 2014)

As set out on the Gartner road map to digital business, there are six progressive business era models that enterprises can identify with today and to which they can aspire in the future.

Six Business Era Models in the Digital Business Development Path

Stage 3: E-Business

Stage 4: Digital Marketing

Stage 5: Digital Business

Stage 6: Autonomous

Since the Hype Cycle for Emerging Technologies is purposely focused on more emerging technologies, it mostly supports the last three of these stages: Digital Marketing, Digital Business and Autonomous.

  • Digital Marketing (Stage 4): The Digital Marketing stage sees the emergence of the Nexus of Forces (mobile, social, cloud and information). Enterprises in this stage focus on new and more sophisticated ways to reach consumers, who are more willing to participate in marketing efforts to gain greater social connection, or product and service value. Buyers of products and services have more brand influence than previously, and they see their mobile devices and social networks as preferred gateways. Enterprises at this stage grapple with tapping into buyer influence to grow their business. The following technologies on the Hype Cycle represent the Digital Marketing stage:

Software-Defined Anything; Volumetric and Holographic Displays; Neurobusiness; Data Science; Prescriptive Analytics; Complex Event Processing; Big Data; In-Memory DBMS; Content Analytics; Hybrid Cloud Computing; Gamification; Augmented Reality; Cloud Computing; NFC; Virtual Reality; Gesture Control; In-Memory Analytics; Activity Streams; Speech Recognition.

  • Digital Business (Stage 5): Digital Business is the first post-nexus stage on the road map and focuses on the convergence of people, business and things. The Internet of Things and the concept of blurring the physical and virtual worlds are strong concepts in this stage. Physical assets become digitalized and become equal actors in the business value chain alongside already-digital entities, such as systems and apps. 3D printing takes the digitalization of physical items further and provides opportunities for disruptive change in the supply chain and manufacturing. The ability to digitalize attributes of people (such as the health vital signs) is also part of this stage. Even currency (which is often thought of as digital already) can be transformed (for example, cryptocurrencies). Enterprises seeking to go past the Nexus of Forces technologies to become a digital business should look to these additional technologies:

Bioacoustic Sensing; Digital Security; Smart Workspace; Connected Home; 3D Bioprinting Systems; Affective Computing; Speech-to-Speech Translation; Internet of Things; Cryptocurrencies; Wearable User Interfaces; Consumer 3D Printing; Machine-to-Machine Communication Services; Mobile Health Monitoring; Enterprise 3D Printing; 3D Scanners; Consumer Telematics.

  • Autonomous (Stage 6): Autonomous represents the final post-nexus stage. This stage is defined by an enterprise’s ability to leverage technologies that provide humanlike or human-replacing capabilities. Using autonomous vehicles to move people or products or using cognitive systems to write texts or answer customer questions are all examples that mark the Autonomous stage. Enterprises seeking to reach this stage to gain competitiveness should consider these technologies on the Hype Cycle:

Virtual Personal Assistants; Human Augmentation; Brain-Computer Interface; Quantum Computing; Smart Robots; Biochips; Smart Advisors; Autonomous Vehicles; Natural-Language Question Answering.

“Although we have categorized each of the technologies on the Hype Cycle into one of the digital business stages, enterprises should not limit themselves to these technology groupings,” said Mr. LeHong. “Many early adopters have embraced quite advanced technologies, such as autonomous vehicles or smart advisors, while they continue to improve nexus-related areas, such as mobile apps – so it’s important to look at the bigger picture.”

Additional information is available in Gartner’s “Hype Cycle for Emerging Technologies, 2014” at http://www.gartner.com/document/2809728. The Special Report includes a video in which Betsy Burton, Gartner vice president and distinguished analyst, provides more details regarding this year’s Hype Cycles, as well as links to all of the Hype Cycle reports. The Special Report can be found at http://www.gartner.com/technology/research/hype-cycles/.

Contacts
  • Janessa Rivera
  • Gartner
  • [email protected]
  • Rob van der Meulen
  • Gartner
  • [email protected]
About Gartner

Gartner, Inc. (NYSE: IT) is the world’s leading research and advisory company. The company helps business leaders across all major functions in every industry and enterprise size with the objective insights they need to make the right decisions. Gartner’s comprehensive suite of services delivers strategic advice and proven best practices to help clients succeed in their mission-critical priorities. Gartner is headquartered in Stamford, Connecticut, U.S.A., and has more than 13,000 associates serving clients in 11,000 enterprises in 100 countries. For more information, visit www.gartner.com.

Comments or opinions expressed on this blog are those of the individual contributors only, and do not necessarily represent the views of Gartner, Inc. or its management. Readers may copy and redistribute blog postings on other blogs, or otherwise for private, non-commercial or journalistic purposes. This content may not be used for any other purposes in any other formats or media. The content on this blog is provided on an “as-is” basis. Gartner shall not be liable for any damages whatsoever arising out of the content or use of this blog.

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    Free Company Credit Report

    Credit check one of your business customers for free

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    Creditsafe company reports employ a system which rates companies from 1 -100 indicating the likelihood of a company entering insolvency in the next 12 months. High risk companies are highlighted in red whereas creditworthy companies are highlighted in green allowing anyone in the organisation to make informed decisions when extending credit or evaluating business opportunities.

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    Important Information: In order to receive your free company credit report you must supply a business email address and landline telephone number. Please note only one free report will be given per company.

    What’s included in a company credit report?

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    What is Business Report? Characteristics of Business Report – Business Communication #stock #market #update


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    What is Business Report? Characteristics of Business Report

    What is Business Report or, Definition of Business Report, Meaning of Business Report-When a report is written for business purpose, it is called business report. It is a little bit different from other reports. It deals with business related information. A business report is prepared containing business related information that assists the management to take better decisions. Some definitions on business report are given below-

    What is Business Report

    • According to Lesikar and Petit. “A business report is an orderly, objective communication of factual information that serves some business purpose.”
    • Boone and Other said, “A business report is a document that organizes information and a specific topic for a specific business purpose.”
    • According to Murphy and Hildebrandt. “A business report is an impartial, objective, planned presentation of a fact to one or more persons for a specific, significant business purpose.”

    So, a business report can be defined as an organized, written statement of facts related to specific business matter. It helps the interested persons to get insight into the problem and to overcome the problem. Business Communication

    Characteristics of Business Report

    Business reports carry information on facts related to business activities. The very nature of business report differentiates it from other reports. The unique characteristics of business report are discussed below-

    • Specific Issue. Every report, including business one, is written on specific subject. It is written to fulfill certain need.
    • Pre-Specified Audience. An important characteristic of report is that it has a pre-specified audience. Usually a report is written for a limited number of audiences and the need of the audience is always kept in mind.
    • Specific Structure or Layout. In preparing report, certain structure or layout or format is followed. The layout or structure of report is almost same in every case.
    • Written on Past Events. In most of the cases, the reports are written on past events. Most of the business reports carry the reasons of happing the incident, the ways of recovery etc. Reports are also written in past forms.
    • Neutral in Nature. In drafting reports, impartiality it strictly maintained. No biased or non-objective material is included in it. Biased report may lead to disastrous decisions.
    • Factual Information. Business report is always written based on factual information. The data collected on specific events is factual, not factious.
    • Joint Effort. A report is an outcome of joint efforts of a group of people. No one can personally or solely prepare a report. Now-a-days, in most of the cases, committee is formed containing three to seven people for furnishing a report on certain incident.
    • Orderly Presentation. The information of a report is presented orderly so that the audience can get his needed information from where it is located.
    • Upward Flow. The direction of a report is always upward in the organizational structure. The higher authority normally assigns the duty of preparing reports to their immediate lower authority and after preparing the report, they submit it to their boss or higher authority.
    • Some Additional Aids in Presentation. A report is always presented in an attractive way. In addition, analytical reports contain executive summary, contents and index, necessary charts, graphs and design and conclusion and recommendation etc.
    • Signature and Date. It is customary to put the signature of the reporter with date at the end of the report. If it is prepared by a committee, signature must be given by each member of the committee.

    From the above discussion it is found that business report has some unique characteristics. Its helps the respective business people to take pragmatic decisions in specific business areas. There is more information about How to Overcome Communication Barriers in Business .

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    What is a business report? OWLL – Massey University #franchising #your #business


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    What is a business report?

    Note: for more on principles applicable to all types of report, see report .

    Business reports are a type of assignment in which you analyse a situation (either a real situation or a case study) and apply business theories to produce a range of suggestions for improvement.

    Business reports are typically assigned to enable you to:

    • Examine available and potential solutions to a problem, situation, or issue.
    • Apply business and management theory to a practical situation.
    • Demonstrate your analytical, reasoning, and evaluation skills in identifying and weighing-up possible solutions and outcomes.
    • Reach conclusions about a problem or issue.
    • Provide recommendations for future action.
    • Show concise and clear communication skills.

    Remember that with business reports, typically, there is no single correct answer but several solutions, each with their own costs and benefits to an organisation. It is these costs and benefits which you need to identify and weigh-up in your report.

    Further, when writing the report, you need to consider the audience you are writing for: is it the CEO or will the report be available to all staff concerned? It is vital that you ensure an appropriate level of formality, sensitivity, fairness, and objectivity.

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    Free Company Credit Report

    Credit check one of your business customers for free

    Creditsafe company reports are affordable, high quality credit reports giving you comprehensive information on your customers, suppliers and competitors.

    The information within a Creditsafe report is updated daily and is sourced directly from Companies House, The Registry Trust, The London Edinburgh Gazette, Trade payment partners and a multitude of additional data sources from around the world.

    Creditsafe company reports employ a system which rates companies from 1 -100 indicating the likelihood of a company entering insolvency in the next 12 months. High risk companies are highlighted in red whereas creditworthy companies are highlighted in green allowing anyone in the organisation to make informed decisions when extending credit or evaluating business opportunities.

    To access a free company report simply complete your details using the form opposite.

    Important Information: In order to receive your free company credit report you must supply a business email address and landline telephone number. Please note only one free report will be given per company.

    What’s included in a company credit report?

    • Credit Rating Limit
    • Up to 5 Years Accounts
    • Full Director and Ownership details
    • Holding Subsidiary company details
    • Adverse CCJ Information
    • Payment performance information
    • Full registered company details
    • Companies House image documents
    • Email Monitoring and Updates

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    Doing Business Report Series

    The Doing Business report series includes annual reports going back to 2004, a wide variety of subnational studies, and a number of special reports dealing with regions or topics. Use the tabs to read report summaries and to download. Additional country and regional reports can be downloaded below.

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    Small Business Finance Markets Report 2015/16

    The Small Business Finance Markets Report 2015/16 shows that the market for small business finance is improving, however a number of challenges remain:

    • A lack of businesses scaling-up is hampering UK productivity – there remains a need to stimulate a greater volume of scale-up businesses and SME exporters to counteract the UK’s lagging productivity. OECD data shows that Britain is near the bottom of the table for the percentage of businesses that grow to more than 10 employees after three years.
    • A need to delivery further diversity in the small business finance market – there is an ongoing need to accelerate the evolution of a diverse and accessible range of finance options to drive competition and choice for smaller businesses. The four largest banks still account for 80% of the small business loan market in 2014, with many small businesses not looking at alternative finance options beyond their main bank.
    • Supporting growing SMEs across all UK regions – the finance landscape remains uneven across the UK. To help rebalance growth, an increased availability of finance for smaller businesses across the UK is required. 71% of total SME equity investment is accounted for by London and South East based companies.

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    2015 Business Finance Survey: SMEs

    This survey, undertaken by BMG Research for the British Business Bank, follows on from the previous 2012 and 2014 “SME Journey” surveys to explore SME awareness of different types of external finance and their experience of raising finance. We have extensively used the findings from this survey within our new Small Business Finance Markets 2015/16 report to assess how finance markets have changed.

    Amongst the findings, this survey shows a continued increase in business awareness of alternative finance types, including peer-to-peer lending and crowdfunding. The research also shows that a higher proportion of SMEs are aiming to grow in the next 12 months (56%), compared to 46% in the previous 2014 survey.

    2015 Business Finance Survey: Mid-caps

    This survey, undertaken by BMG Research for the British Business Bank, assesses the characteristics of mid-caps (businesses with £25m-£500m annual turnover) and their experience of raising external finance. The survey finds that mid-cap businesses are more likely to use and seek external finance compared to SMEs, and are also more likely to obtain finance. In addition, a high proportion of mid-cap businesses (79%) are aiming to grow in the next 12 months.

    Methodology Consultation: Assessing the Unmet Demand for SME debt finance

    The British Business Bank would like to consult with interested stakeholders on appropriate methodologies for assessing the unmet demand for SME debt finance. The consultation seeks views on our proposed methodology and suggestions for alternative methodologies or additional data sources.


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