Gartner places cloud past the peak of expectations
Monday, August 20, 2012
The latest release of Gartner’s yearly Hype Cycle has placed cloud computing within the ‘Peak of inflated Expectations’ bracket, marking the technologies position as a over-hyped service.
The Hype Cycle is designed to inform readers of the latest developments and positions of technology and trends. While the cloud was identified as a weakening service, both Big Data and NFC payment technology have been seen as rising new trends.
The reports detailed that: “Cloud computing is still a visible and hyped term, but, at this point, it has clearly passed the Peak of Inflated Expectations. There are signs of fatigue and signs of disillusionment.”