Gartner Research

Hype Cycle for Innovation Practices, 2023

Published:24 July 2023

Summary

Innovation is critical to navigating volatility and uncertainty. Executive leaders should study this Hype Cycle to understand the trends in practices that can help organize and execute innovation to maximize the value and impact of their innovation programs across the organization.

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What You Need to Know

Innovation是一门学科,支持组织的基因吗rate and execute an ongoing stream of new ideas that create value. Because every organization has unique goals, the exact design and delivery of the innovation programs and initiatives to achieve those goals will differ for each organization. Those that succeed in designing innovation programs that best serve their business and innovation goals will find it relatively easier to tackle the new opportunities and challenges that arise in the next few years by leveraging these techniques to test out new solutions to these new problems.

Executive leaders can use

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The Hype Cycle: Understanding the pitfalls and opportunities of innovations

How does a Gartner Hype Cycle™ work?

A 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 triggerstarts when an event, like a technological breakthrough or a product launch, gets people talking.

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

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

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

The plateau of productivitymarks 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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