Intelligent Tech Channels Issue 20 | Page 32

FUTURE TECHNOLOGY Gartner offers future technology predictions for GCC Analysts from Gartner have identified six technologies which they believe are set to reach mainstream adoption in the next five to 10 years in the GCC region. The predictions are detailed in the Hype Cycle for IT in the GCC [Gulf Cooperation Council] report. T his year’s Gartner, Inc. Hype Cycle for IT in the GCC [Gulf Cooperation Council] identifies Blockchain, the Internet of Things (IoT), city operations centres, smart city frameworks, digital twins and smart contracts as being among the technologies that will achieve mainstream business adoption in the next five to 10 years. The GCC is an alliance of six Middle Eastern countries: Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain and Oman. Of the 29 technologies on this year’s Hype Cycle, eight are entering the ‘Slope of Enlightenment’ and climbing toward the ‘Plateau of Productivity’. “This shows that the GCC region is entering an important stage and growing in maturity,” said Santhosh Rao, Senior Research Director at Gartner. “However, technologies fuelling Digital Transformation in the region are taking longer to reach mainstream adoption. “Local organisations are cautious about adopting new technologies. At the same time, system integrators are not fully equipped to handle complex digital projects due to a shortage of skills.” 32 “Of the six technologies, enterprises should focus on Blockchain, the IoT and digital twins, as these are growing rapidly,” said Rao. “In addition, local organisations know that these technologies will help create competitive differentiation and enhance service delivery.” Although Blockchain technology maintains high visibility, Gartner does not expect Blockchain architectures to be suitable for many enterprise activities, especially taking account of issues of decentralisation, risk and governance. However, start-ups may continue to seek disruptive opportunities using the original block and chain concept, and Gartner recommends that business executives undertake scenario planning accordingly. “In GCC, Blockchain technology has received significant interest from the governments and financial institutions, due to the increase in the number of digitalisation projects currently underway,” said Rao. “Organisations should consider proof-of- concept experimentation but remain aware that the general public may not readily accept non-intermediated information management and transaction execution models and decentralised governance.” Those considering implementing Blockchain technology should use clear language and definitions in internal discussions about the nature of this technology. They should also identify the points of integration with their existing infrastructures (such as digital wallets and core systems of record) to help determine future investment plans. IoT has a business transformation and evolutionary impact on most organisations as it can be used as a key enabler to Of the six technologies, enterprises should focus on Blockchain, the IoT and digital twins, as these are growing rapidly.