Gartner Research

Hype Cycle for Innovation in Manufacturing Industries, 2019

Published: 29 July 2019

Summary

Accelerated technology innovation in recent years opens opportunities for extraordinary product and process innovation. This Hype Cycle helps manufacturers identify opportunities to use these tools to jump ahead of competitors and accelerate digitalization.

Included In Full Research

  • What You Need to Know
  • The Hype Cycle
  • The Priority Matrix
  • Off the Hype Cycle
  • On the Rise
    • Smart Dust
    • Smart Assets
    • Things as Customers
    • 4D Printing
    • AI-Enabled Material Informatics
    • Cyber-Physical Systems (CPS)
    • Generative Design
  • At the Peak
    • Digital Experience Platforms
    • Digital Thread
    • IP Protection in 3D Printing
    • Digital Business Technology Platform
    • Digital Twin
    • Immersive Experience — Manufacturing Operations
    • Prescriptive Analytics
    • Mass Customization of Discrete Manufacturing Products
  • Sliding Into the Trough
    • Machine Learning
    • Connected Home
    • Product Innovation Platforms
    • Augmented Reality
    • Building Information Modeling
    • Industrial Operational Intelligence
  • Climbing the Slope
    • Analytics for Customer Intelligence
    • Connected Car Platforms
    • Digital Optimization
    • Virtual Reality
  • Entering the Plateau
    • Product Portfolio Management for Manufacturing
  • Appendixes
    • Hype Cycle Phases, Benefit Ratings and Maturity Levels

Analyst(s): Marc Halpern Michelle Duerst Simon Jacobson

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The Hype Cycle: Understanding the pitfalls and opportunities of innovations

How does a Gartner Hype Cycle work?

The Gartner Hype Cycle provides an objective map that helps you understand the real risks and opportunities of innovation, so you can avoid adopting something too early, giving up too soon, adopting too late, or hanging on too long. Every Hype Cycle includes five phases:

The innovation trigger starts when an event, like a technological breakthrough or a product launch, gets people talking.

The peak of inflated expectations is when product usage increases, but there’s still more hype than proof that the innovation can deliver what you need.

The trough of disillusionment happens when the original excitement wears off, and early adopters report performance issues and low ROI.

The slope of enlightenment occurs when early adopters see initial benefits, and others start to understand how to adapt the innovation to their organizations.

The plateau of productivity marks the point at which more users see real-world benefits, and the innovation goes mainstream.

The Hype Cycle is more than just a diagram. You also get:

Evidence-backed insight

Hype Cycles tap into deep research, surveys and conversations with technology suppliers and Gartner clients.

An analysis of objective and value

The y-axis measures expectations. The x-axis relates them to the proven value of that innovation over time.

A long-term view

It often takes between three and five years for an innovation to move through the Hype Cycle, but some fall off along the way.

Gartner Hype Cycle is just one of our many offerings.

We provide actionable, objective insight to help organizations make smarter, faster technology decisions to stay ahead of disruption and accelerate growth.

Pick the right provider with confidence

We work with you to select the best-fit provider to avoid the costly repercussions of a poor decision.

Align deal structures and optimize spend

We benchmark pricing against the market so you avoid unnecessary charges.

Reduce complexity and risk

We analyze contract terms and conditions to protect you against future price increases and unanticipated costs.

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