This report provides a view into the emerging landscape of blockchain technology and highlights key developments and best practices in this space. It also aids in identifying the right service providers that enterprises can partner with to enable digital transformation for their blockchain initiatives.
We continue with a detailed assessment of 20 service providers offering blockchain services. Each profile provides an overview of the service provider, its blockchain services capabilities and solutions, and a list of representative clients and partnerships, along with brief client case studies. Each profile concludes with analyst insights on the provider’s practice maturity, partner ecosystem, and investments and innovation.
The momentum for blockchain services slowed during the pandemic. In 2022, the adoption of blockchain services picked up the pace again, which is reflected in nearly 29% YOY growth in the total number of blockchain engagements. With growing traction in use cases such as tokenization, central bank digital currency, metaverse, and non-fungible tokens, enterprises investing in blockchain services see immense potential in financial services.
The Blockchain Services 2022–2023 RadarView™ helps companies get a detailed view of the blockchain services landscape, key enterprise and provider trends, and market developments. It also provides information to assist businesses in choosing the right blockchain service provider.
This RadarView includes an analysis of the following service providers in the blockchain services space: Accenture, Atos, Birlasoft, Capgemini, CGI, Coforge, Cognizant, DXC, EPAM, HCL, IBM, Infosys, Innominds, LTIMindtree, NTT DATA, TCS, Tech Mahindra, UST, Wipro, and Zensar.
The industry insights and recommendations presented are based on our ongoing interactions with senior executives, vendors, subject matter experts, and Avasant Fellows, along with lessons learned from consulting engagements.
Our evaluation of service providers is based on primary input from the providers, focused briefings, public disclosures, and Avasant’s ongoing market interactions. The assessment is across the three dimensions of practice maturity, partner ecosystem, and investments and innovation, leading to our recognition of those service providers that have brought the most value to the market over the past 12 months.
About the report (Page 3)
Executive summary (Pages 4–8):
Lay of the land (Pages 9–21)
RadarView overview (Pages 22–27)
Service provider profiles (Pages 28–68)
Key contacts (Page 70)
Read the Research Byte based on this report.
Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.
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