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genioux Fact post by Fernando Machuca and Claude
Introduction:
Gartner's Emerging Tech Impact Radar for 2024 highlights the most impactful technologies and trends that have the potential to disrupt a broad cross-section of markets. The research focuses on four key themes: the smart world, the productivity revolution, privacy and transparency, and critical enablers. Product leaders can leverage this knowledge to guide their investment and strategic planning around disruptive technologies.
genioux GK Nugget:
"The most impactful technologies for 2024, according to Gartner, fall under four themes: the smart world, the productivity revolution, privacy and transparency, and critical enablers." — Fernando Machuca and Claude, May 7, 2024
genioux Foundational Fact:
The Emerging Tech Impact Radar for 2024 identifies 30 of the highest-impact emerging technologies and technology trends, organized around four key themes: the smart world, the productivity revolution, privacy and transparency, and critical enablers. These themes are crucial for product leaders to evaluate as part of their competitive strategy and to guide their investment timing based on their product strategy.
The 10 Most Relevant genioux Facts:
- The smart world, driven by the convergence of online and offline experiences and contextual relevance, is changing how users interact with people, places, and things around them. Examples include AI avatars, multimodal UIs, and spatial computing.
- Generative AI, spearheading the productivity revolution, is improving existing features, adding new functionality, and augmenting human potential to use unstructured data systems in applications like conversational AI, content creation, and simulation.
- Privacy and transparency issues are becoming increasingly important due to the growing digitization of assets, information, and experiences, as well as the usage of AI, raising concerns about data security and the potential negative consequences of AI tools.
- Rapid innovation in critical enabling technologies, like Web3, scalable vector databases, and neuromorphic computing, are creating new possibilities for IT solutions, despite challenges such as the "winterization" of Web3 technologies.
- Product leaders should work within an ecosystem of partners to deliver the optimal combination of interfaces and experiences that bring value based on specific use cases and target markets.
- Prioritizing the most prevalent and impactful generative AI use cases is crucial as these already deliver real value to users.
- Building user trust via systems such as decentralized identity and behavioral analytics and applying human-centered AI and responsible AI principles can stimulate growth while mitigating risk and restrictive regulation.
- Supporting strategic product roadmaps requires identifying relevant emerging technologies, business values they can enable, and relevant innovation tech partners.
- Offerings and use cases that effectively utilize blockchain technology to solve business problems will likely succeed despite the challenges faced by Web3 technologies.
- Advances in AI hardware and innovation in communications technologies are supporting the deployment of AI solutions on more embedded edges and improving communications services for consumers and businesses.
Conclusion:
The Emerging Tech Impact Radar for 2024 provides valuable insights into the most impactful technologies and trends that product leaders must consider when planning their investments and strategies. By focusing on the four key themes - the smart world, the productivity revolution, privacy and transparency, and critical enablers - and understanding the potential challenges and opportunities associated with these technologies, product leaders can position their organizations for success in the rapidly evolving technological landscape. Leveraging this knowledge will help them make informed decisions, differentiate their offerings, and stay ahead of the competition in the years to come.
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Classical Summary:
The Gartner Research Excerpt titled "Emerging Tech Impact Radar: 2024," written by analysts Tuong Nguyen and Danielle Casey and published on January 11, 2024, provides a comprehensive overview of the most impactful technologies and trends that have the potential to disrupt a wide range of markets. The research identifies 30 of the highest-impact emerging technologies and technology trends, organizing them around four key themes: the smart world, the productivity revolution, privacy and transparency, and critical enablers.
The smart world theme is driven by the convergence of online and offline experiences and the addition of contextual relevance, altering the way users interact with people, places, and things around them. The productivity revolution, spearheaded by generative AI, focuses on improving existing features, adding new functionality, and augmenting human potential to utilize unstructured data systems. Privacy and transparency issues are becoming increasingly important due to the growing digitization of assets, information, and experiences, as well as the increased use of AI. Critical enabling technologies, such as Web3, scalable vector databases, and neuromorphic computing, are experiencing rapid innovation, creating new possibilities for IT solutions.
The research provides valuable guidance for product leaders, helping them assess the impact of emerging technologies and trends on their products and services. It emphasizes the importance of working within an ecosystem of partners to deliver optimal combinations of interfaces and experiences, prioritizing the most prevalent and impactful generative AI use cases, building user trust through decentralized identity and behavioral analytics systems, and applying human-centered AI and responsible AI principles.
The Emerging Tech Impact Radar also highlights the challenges faced by Web3 technologies, which are entering a "winterization" phase due to business and technology maturity issues. However, it notes that offerings and use cases that effectively utilize blockchain technology to solve business problems will likely succeed. The research also discusses advances in AI hardware and innovations in communications technologies, which are supporting the deployment of AI solutions on more embedded edges and improving communications services for consumers and businesses.
In conclusion, the Gartner Emerging Tech Impact Radar for 2024 serves as a valuable resource for product leaders, guiding their investment and strategic planning around disruptive technologies. By focusing on the four key themes and leveraging the insights provided, while also considering potential challenges, product leaders can position their organizations for success in the rapidly evolving technological landscape, differentiate their offerings, and stay ahead of the competition.
Tuong Huy Nguyen
Tuong Huy Nguyen is a Director Analyst at Gartner with over 24 years of experience¹². He is part of Gartner's Emerging Technologies and Trends team, leading research on immersive technologies (augmented, mixed and virtual reality), metaverse, SLAM, and human-machine interfaces¹². Mr. Nguyen advises tech provider product leaders on how to incorporate emerging tech and trends into creating and evolving highly successful product offerings¹².
Previously, Mr. Nguyen was an Associate Analyst in charge of inquiry and research for the Gartner North American Telecommunications group, where he covered a broad range of telecommunication issues¹². He has collaborated on several internal and external research consulting projects¹². In addition, he has provided inquiry and research support for the Strategic Advisory Program for Telecommunications, targeted at telecom executives worldwide¹².
His areas of coverage include Product and Services Strategy for Tech CEOs, Product/Service Discovery and Validation, Tech Marketing Approaches, Product Marketing Execution, and more². He holds a B.A. in Economics from the University of California, San Diego¹². His work reflects a deep understanding of the tech industry and its trends¹².
Source: Conversation with Bing, 5/7/2024
(1) Tuong Nguyen | Gartner. https://www.gartner.com/analyst/15915.
(2) Tuong Huy Nguyen - Gartner. https://www.gartner.com/en/experts/tuong-nguyen.
(3) Tuong Huy Nguyen: Positions, Relations and Network - MarketScreener. https://www.marketscreener.com/insider/TUONG-HUY-NGUYEN-A07DTX/.
Danielle Casey
Danielle Casey is a Director Analyst at Gartner with over 4 years of experience at the company¹. She is part of Gartner's Technology and Service Provider research practice¹. In her role, she conducts case-based research on emerging technologies, such as edge artificial intelligence and virtual assistants, for Gartner's Emerging Technologies and Trends team¹. Through her research, Ms. Casey identifies new market issues and provides insights on emerging trends to technology provider product leaders¹.
Prior to joining Gartner, Ms. Casey was a Graduate Analyst at International Technology and Trade Associates (ITTA), where she covered a broad range of technology and cybersecurity issues¹. At ITTA, she conducted research and analysis on artificial intelligence, 5G technologies, data/information security, and related regulations, legislation, and program developments in various federal departments to help inform client decision-making¹.
She holds an M.S. in Science and Technology Studies from Virginia Tech, an M.A. in International Studies from the Elliott School of International Affairs at George Washington University, and a B.A. in International Studies and Political Science from the University of Central Arkansas¹. Her work reflects a deep understanding of the tech industry and its trends¹.
Source: Conversation with Bing, 5/7/2024
(1) Danielle Casey | Gartner. https://www.gartner.com/analyst/94241.
(2) Emerging Technologies and Trends Impact Radar: 2022 - Gartner. https://www.gartner.com/en/documents/4008322.
(3) Danielle Casey | Insight. https://www.insight.com/en_US/content-and-resources/authors/danielle-casey.html.
(4) Danielle Casey Email & Phone Number - Gartner | ZoomInfo. https://www.zoominfo.com/p/Danielle-Casey/3427679065.
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