Gartner highlights its business impact as it will play a “ critical role in IoT solutions to support managing the complexity of endpoints and connectivity types, even though managed connectivity services are a small component of the end-to-end IoT solution”. Similarly, Gartner describes “ Managed IoT Connectivity” as having, among others, a high benefit within 2 to 5 years as “these services enable enterprises to connect, monitor and control business assets and processes over a fixed or wireless connection”. Gartner explains that “Edge analytics means that the analytics are executed in distributed devices, servers or gateways located outside of data centers and public cloud infrastructure closer to where the data and decisions of interest are created and executed.” Gartner identifies 3 key trends in this report: “IoT as a whole has progressed along the Trough of Disillusionment and is nearing the Slope of Enlightenment”, but “adoption and maturity for various essential IoT technologies still vary widely” and “adoption of various IoT use cases varies widely by industry”.Īmong other examples, Gartner describes that “ eight transformational and six high-impact IoT innovations will enter mainstream adoption within two-to-five years”, among which “ four are edge-related technologies (edge AI, edge computing, edge analytics, and edge data management), which underscores the importance of having a strong competency in hybrid edge-to-cloud distributed IoT solution architectures”. Gartner recently released, must-read report, “ Hype Cycle for the Internet of Things, 2021”, presents the consulting firm’s assessment of 29 leading IoT innovations through three lenses: maturity, adoption, and ability to serve business use cases.

Thus, it is critical to quickly identify which IoT technology can power the targeted use cases, not only to make the right investment in a compelling business case, but also to anticipate skill gaps and to develop the capacity to build successful IoT project planning, budgeting, and governance. However, when enterprises want to fully capitalize on IoT, their technical, operational, and business leaders are regularly challenged to make the right choices to operationalize their decisions and to make them work at scale. As they invest in the Internet of Things (IoT), enterprises worldwide are increasingly demonstrating that IoT innovations can positively streamline operational efficiency, power digital transformation, and improve business outcomes, even in uncertain times.

Gartner hype cycle technology 2021