The Gartner Hype Cycle tracks emerging technologies through an adoption lifecycle model that identifies five key phases - innovation trigger, peak of inflated expectations, trough of disillusionment, slope of enlightenment, and plateau of productivity. It aims to provide a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities. The hype cycle serves as a strategic planning tool to help companies focus their resources on reaching the plateau of productivity with emerging technologies.