Gartner Releases First Hype Cycle for Emerging Technologies in Finance

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GartnerFinance releases 1st HypeCycle for emerging technologies in finance. Read the press release here: CFO Gartner_inc

“Begin with small steps and lower-risk iterations not only to avoid big mistakes but to give the finance organization time for such gradual evolution,” said McDonald. “Over time, iterative cycles of improvement will cover a broader range of processes and responsibility.”

Composable applications, which are at the Peak of Inflated Expectations, are modular in nature and are built to support fast, safe, and efficient application changes in the face of frequent disruption and new opportunities. The improved agility of business technology drives resilience and adaptability throughout the business.

An increasingly complex business environment, with an increasingly uncertain pace of business, and ever more decisions taken by machines have created a sense of unease from the human and also regulatory perspective. There is a need to transparently represent how decisions are being made.

 

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