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.”