Posted inEmergent Tech

Gartner says NFTs, metaverse, Web3 will expand immersive experiences

Technologies to watch are metaverse, non-fungible tokens (NFTs), super apps and Web3, decentralised identity, digital humans,

Gartner says NFTs, metaverse, Web3 will expand immersive experiences

As per the recent Gartner Hype Cycle for Emerging technologies 2022, there are 25 emerging technologies to watch out for that are enabling the evolution and expansion of immersive experiences. These technologies and trends have potential to deliver high degree of competitive advantage over the next 10 years.

“Emerging technologies offer transformational potential for businesses, but CIOs and technology innovation leaders are challenged to scale digital capabilities while improving sustainability in the face of expanding resource constraints,” said Melissa Davis, VP analyst at Gartner. “It is essential that organisations cut through the noise surrounding emerging technologies to accelerate change by leveraging innovations that drive competitive differentiation and efficiency.”

“All technologies on this Hype Cycle are at an early stage, but some are nascent and great uncertainty exists about how they will evolve. Such technologies present greater risks for deployment, but potentially greater benefits for early adopters who can assess and exploit them in line with their organisation’s ability to handle unproven technologies,” said Gary Olliffe, distinguished VP analyst at Gartner.

With these technologies, individuals can control their own identities and data and experience virtual ecosystems that can be integrated with digital currencies. These technologies help reach customers in new ways to strengthen or open new revenue streams.

The technologies to watch that deliver evolving and expanding immersive experiences are metaverse, non-fungible tokens (NFTs), super apps and Web3, decentralised identity, digital humans, digital twin of the customer and internal talent marketplaces. In addition is accelerated AI Automation: AI adoption is expanding as an integral part of products, services and solutions.

As for the critical technologies that are optimising technologist delivery they include augmented FinOps, cloud data ecosystems, cloud sustainability, computational storage, cybersecurity mesh architecture, data observability, dynamic risk governance, industry cloud platforms, minimum viable architecture, observability driven development, OpenTelemetry and platform engineering.