NTT DATA recognized as a Leader in Avasant’s About the Blockchain Services 2020-2021 RadarView™ Report
Implemented nation wide blockchain projects. Contributes to the growth in the blockchain industry across several regions by co founding multiple consortia.Read the Avasant report
AVASANT ANALYST INSIGHTS
NTT DATA set up its blockchain practice in 2015 and is equipped to provide comprehensive blockchain services globally throughits blockchain centers. It drives multiple production-staged blockchain projects at the enterprise level as well as the country level. For example, the SPUNTA Project developed a Corda-based blockchain application for interbank reconciliation for the entire Italian banking system. 55 Italian banks have already moved to the production stage and 150 are expected to join by 2020.
It demonstrates sound expertise across several blockchain technologies such as Hyperledger, Ethereum, Corda, and Ripple by contributing to key projects associated with these technologies. For instance, it delivered a solution for a leading Spanish bank by leveraging Ripple technology to facilitate real-time international transfers.
Its blockchain offerings are strengthened by its vast repository of blockchain assets and solutions built using its partners’technologies. For instance, it partnered with a blockchain platform provider, Settlemint, to build a product for easy applications development.
Capgemini is leveraging its global alliances with leading technology providers to implement digital projects. It has partnered with AWS and Google for developing cloud-based solutions, Microsoft for co-innovating factory of the future solutions, SAP for building industry-specific digital solutions (such as MFGPath), and Salesforce for implementing end-to-end solutions.
Capgemini has partnered with specialized companies like Frog for enhancing customers’ experience through innovative product designs.
For accelerating Industry 4.0 transformation across the manufacturing industry, Capgemini has joined Open Manufacturing Platformto develop practical solutions aligning with business challenges and opportunities.
Investments and Innovation
NTT DATA has adopted an innovation-focused approach by adding more assets to its portfolio. It created several in-house proprietary platforms such as BlockTrace4Sharing which manages, tracks, and validates donations, as well as the Blockchain Reconciliation Platform which helps businesses with no standard method of reconciliation.
Its partnership with blockchain start-up Skuchain helps combine blockchain with multiple technologies such as IoT. For instance, it integrated Skuchain’s blockchain-based EC3 platform with its iQuattro platform for supply chain efficiency. It is also keen on investing in cryptocurrency start-ups for services such as exchange and custody.
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