It was further explained that the major technologies that are cruising now a days on the domain of information technology and related technologies are mostly influenced by cloud computing and web hosting technologies. Among such cruising technologies, most important ones are big data, 3D printing, internet TV, near field communication or NFC payments, web hosting, and cloud computing. Further it was maintained by the Gartner analysts that these technologies has already moved very notably along the technology hype cycle even in previous years like Year 2011; the same trend is also predominantly moving along the cycle. This is moving so fast and impact is getting materialized phenomenally fast. Now, the plateau of productivity of consumerization is anticipated to be achieved in next two to five years or so. In further analysis, Mr. Jackie Fenn, vice president and Gartner fellow said, “Gartner’s Hype Cycle for Emerging Technologies targets strategic planning, innovation and emerging technology professionals by highlighting a set of technologies that will have broad-ranging impact across the business. It 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.” This technology hype cycle technique is a very effective and useful methodology to analyze the technological trends and business prospects of future market place.
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