Accenture (NYSE: ACN) has been recognized as a Leader in the Everest Group PEAK Matrix„¢ Assessment for Blockchain Services, topping its vision and capability scale that is a measure of Accentures ability to deliver blockchain solutions successfully. The report commended Accenture for investing ahead of the blockchain curve, showcasing thought leadership on new business and revenue models, and developing in-house blockchain platforms
The report titled, “Blockchain Services PEAK Matrix„¢ Assessment 2019: Race to Make Enterprise Blockchain Real “ analyzes the blockchain services landscape and evaluates 27 service providers across several key criteria “ including market adoption, portfolio mix, vision and strategy, innovation and value delivered.
We have maintained a strong focus on where real value can be created with Blockchain technology and appreciate this recognition of our vision and pragmatic approach to helping clients achieve large scale, end-to-end business transformation, said David Treat, managing director and Global Blockchain Lead, Accenture. Were excited about the next phase that has started, where it is less about the technology itself and more about the valuable ways that business models can evolve.
Accenture received the highest assessment for its vision and capabilities ahead of all competitors. Its strengths highlighted in the report include:
- Market leading investments in research leading to patents, studios for rapid prototyping, geographically distributed innovation labs, talent partnerships, open source contribution, and consortia efforts
- Ability to leverage accelerators/IP into client engagements and technical expertise across several blockchain technologies
- Delivery footprint and global sourcing mix
Enterprises across industry verticals are looking to demystify the hype around blockchain technology. As enterprises identify relevant business use cases and move towards scaling their PoCs, they face challenges such as technology complexity; lack of talent, industry and data standards; and absence of tools for quality assurance. Service providers are supporting the enterprise blockchain adoption journey by investing in building solutions, developing talent, playing the role of the blockchain technology ecosystem orchestrator, said Ronak Doshi, practice director, Everest Group. Investments in research leading to patents, studios for rapid prototyping, geographically distributed innovation labs, talent, partnerships, open source contribution, and consortia efforts have helped Accenture to differentiate in the blockchain services market. Strong positive client feedback, along with its ability to leverage accelerators/IPs into the engagement and technical expertise across blockchain technologies have helped Accenture position itself as a Leader on the 2019 Everest Group Blockchain Services PEAK MatrixTM.
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