In the past, technology evolution was quantified as generational. So the first generation of computing was based on the vacuum tube, followed by the transistor, integrated circuits, and microprocessors. Even today, multi-generational software and hardware systems are very much alive in many modern data centers.

The interesting thing about the generational approach is that it has always been associated with linear progression and evolutionary growth. However the rapid technology evolution we are seeing today is more revolutionary than evolutionary, and IT is bearing the brunt of its impact.

Emerging from the financial doldrums of the 2008 – 2012 “downturn”, business and IT are confronted with an explosion of technology which has never been equaled in recorded history. Driverless cars, sensor-driven “swarms”, alternative energy sources, and “smart” electric grids are the tip of the iceberg. And in contrast to the generational, evolutionary innovation waves of the past, everything is happening at once.

Businesses are confronted with multiple concurrent streams of innovation encompassing cloud, sensor networks, Internets of Things (IoT), social media, and ubiquitous mobile. Each of these trends becomes, in turn, a foundation for the next wave of innovation. Each also provides business opportunities for creating the “next big idea” driving revenue from new products and services.

I have heavily covered this evolution with multiple research pieces over the past several years and am currently analyzing the results of my latest survey on the topic of the Extended Enterprise. This is an ecosystem-wide view of the trends currently impacting IT, summarized in a paper entitled “Public Cloud Comes of Age: Application Performance Management (APM) Strategies & Products for a Production-Ready Cloud Ecosystem”. With the paper scheduled to be published by December 15, I will be presenting a webinar on the topic on December 16 at 2 p.m. ET. Those interested in attending can register at this link: http://research.enterprisemanagement.com/apm-cloud-ecosystem-webinar-banner.html .

The research focuses on the increasingly hybrid nature of today’s applications, particularly in view of the fact that this “explosion of innovation” is, essentially, being driven by software. Enterprise IT is already dealing with hybrid on-premise/public Cloud applications, and future hybrid deployments will encompass Internet of Things, mobile, and social media interactions and data as well.

A growing “API Economy” means that everything is connected. While interconnected apps take a toll on performance, particularly when they are connected via APIs, users expect the same levels of performance regardless of their device or location. And as data siphoned from sensor networks and related “Internet of Things” technologies increasingly becomes fodder for business-critical data stores and reporting, real time interoperability becomes increasingly important—as well as increasingly difficult to achieve.

In short, the challenges of monitoring and managing “hybrid” environments which I anticipated three years ago have now come to pass—in spades. Why is this important? Because all of these technologies are, or soon will be, leveraged by component-based applications and services. So in addition to “hybrid cloud”, we will also have “hybrid API-driven apps” (transactions executing via multiple API calls), “hybrid mobile” (mobile to mobile applications), and other combinations of “hybrids”.

Although it is an exciting and interesting time to be part of this evolution, one should also note the age-old curse that says, “May you live in interesting times”. IT professionals at all levels—including CIOs, Directors, and managers– are living in interesting times. With applications running “in the cloud”, accessing partner and supplier data centers, executing as mobile “apps”, driving down the road, and exchanging real-time data, the illusion of control has dissipated.

So the “big picture” question is, “How can IT manage application performance and availability in an environment it can’t control?” For enterprise IT, the question of the day then becomes, “Is YOUR organization ready to support these technologies”?

To find out more about how IT organizations are adapting to this explosion of innovation, stay tuned for the publication of the paper and the related webinar slated for December 16, 2014 at 2 p.m. Eastern.