Tag: hype cycle

  • Skipping the trough of disillusionment

    Skipping the trough of disillusionment

    When consulting group Gartner placed the Internet of Things at the peak of their hype cycle last month it raised concerns that the technologies might be about to take a tumble.

    Speaking to Networked Globe this week in San Jose; Maciej Kranz, VP and GM of Cisco’s technology group described how he believes the IoT’s evolution from the top of the hype cycle to the plateau of acceptance will be quick.

    “We’re happy that Gartner put IoT on top as it means there’s awareness,” said Kranz. “We hope to prove Gartner wrong, that in IoT we don’t go through the classic hype cycle we go from hype into reality.”

    Kranz’s reasoning while the IoT will suffer a short spell, if any at all, in Gartner’s ‘trough of disillusionment’ is because the major industry players are working closely together to build the sector and its standards.

    “Where we think it’s a little bit different from some of the other hype cycles than some of the other hype cycles is that we continue to work very close at the industry,” Kranz explained.

    “Because we’re all working as an industry to make it real it will go through the disillusionment and quickly into a reality.”

    This may well turn out to be true if the big players like Cisco and GE in the industrial space along with companies such as Google and Apple in the consumer sector stay committed to the concept. If the major vendors stay the course, then it’s likely IoT technologies won’t suffer much at all.

    Another aspect in the IoT’s favour is that it isn’t really a specific technology or product at all, instead being more of a concept bought about by various technologies such as home automation, industrial controls and cloud computing all reaching maturity.

    Rather than one separate item on the Gartner hype cycle, the IoT is really made of dozens of different technologies that are mostly on the ‘plateau of acceptance’ themselves.

    Kranz sees Gartner’s listing of the company as being on the top of the hype cycle as being a vindication for how the IoT has been adopted by industry and the community, “it is remarkable how we’ve gone in the last nine months from people saying it’s a vision to n

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  • Could 3D printing be lurching up the hype cycle?

    Could 3D printing be lurching up the hype cycle?

    3D printing is undoubtedly a game changing technology that changes the economics and scalability of manufacturing. But is it possible the technology is becoming over-hyped?

    Two stories today illustrate the opportunities and potential of 3D printing; a home made SLR camera and NASA manufacturing their own rocket parts.

    NASA’s experiment shows how precision, low demand components could be made. One of the problems with procuring parts like rocket engine injectors is that the production runs are low so the manufacturing costs are high given there are no economies of scale involved.

    Additive manufacturing, or 3D printing also has the advantage that components can be manufactured in one piece rather than requiring assembly from a number of different parts. In turn this reduces production times and errors.

    Printing your own camera seems a bit of waste of time and money seeing that cameras aren’t particularly expensive and the one printed isn’t a digital SLR – your have to find somewhere to buy and process the film.

    The point though with Bozardeux’s project is that it is open source – anyone can modify or adapt the design and that is where the potential lies.

    While the possibilities are endless with 3D printing, it may well be that the technology is being overhyped. Both the rocket engine injector and the SLR camera are early stage proofs of concept, neither are ready for full time use.

    It also has to be kept in mind that traditional manufacturing methods aren’t going away – there will always be products more suited to mass production or using materials that can’t be fed through a 3D printer.

    Right now we’re on the early stage of the hype cycle with 3D printing and while the potential is clear, the immediate future of the technology being oversold is also becoming apparent.

    That of course means opportunity for many entrepreneurs and their investors, but it also means you have to be very careful in choosing technologies or where to place your bets.

    In poker it’s said if you don’t know who the patsy is at the table, then it’s probably you. The same is true when a new technology is being hyped.

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  • Innovations customers don’t need

    Innovations customers don’t need

    The news that ESPN is closing down its 3D sports channel is the beginning of the end for an innovation that nobody really wanted.

    In the 1980s, telephone companies rolled out digital services under the name ISDN – Integrated Services Digital Networks – which were expensive and appealed to few businesses, gaving them the nickname Innovations Subscribers Don’t Need.

    3D TV fits that description of an innovation which customers never wanted. While the technology was seen being the great hope of stimulating sales in a moribund consumer electronics market, consumers were never really convinced.

    The 3D TV push of the last two years is typical of many technology products in that there isn’t an immediate need for them but manufacturers and retailers hope that they can hype a market into existence.

    Usually that model fails, but not always.

    Sometimes though, these technologies are subject to their own hype cycle and over time they come back in ways we don’t quite expect.

    It’s difficult to see how 3D TVs can make a comeback but who knows? What we do know though is they were expensive toys for the few who bought the hype.

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