Blockchain 2018 Zensar


Zensar recognized as a Challenger in Avasant’s Blockchain Services RadarView™ Report

Among endless service provider options, novel and disruptive mechanics in the innovation of Blockchain brings recognition as a Challenger for Blockchain Services 2018.



Hero Challenger Shield 252x300 - Blockchain 2018 Zensar
Blockchain Services RadarView 2018 for web - Blockchain 2018 Zensar


Emerging provider developing modularized enterprise grade blockchain solutions.


  • Challenger 2018 Blockchain Services RadarView™ Report


Avasant Analyst Insights

Practice Maturity

  • Zensar recently set up their separate blockchain practice under the digital focused Zen Labs. In their initial phase of practice development, they have focused on developing modularized enterprise grade solutions and the ZenSmartBlox framework (which helps POCs in the Zen Labs private cloud to validate technical feasibility).
  • Zensar has been running a number of POCs in different industries such as financial services, supply chain, travel and transportation and governance and are in the proof of value stage in most of these engagements. They have been able to develop these POCs with existing clients where they have strong relationships.
  • Zensar identifies high performers from within their company with great algorithmic and development skills, and provides extensive training to develop blockchain skills. This approach has helped bridge the existing dearth of blockchain talent.
Hero Challenger Shield 252x300 - Blockchain 2018 Zensar

Investment

  • Zensar is focusing on developing frameworks and tools to accelerate blockchain analytics, interoperability and integration. They are also further expanding the functionalities of their reusable assets such as Blockchain Administrative Controller, ZenSmartBlox Visualizer, and Smart Contract Utility.
  • Zensar is taking a circumspect approach to building their partnership ecosystem, and while they are developing cross-platform development partnerships, they are still evaluating joining key consortia.
  • However, Zensar is already developing innovation-driving partnerships with key academic institutions.

Industry Development

  • Zensar is in the process of joining the Hyperledger consortium and is initiating various other thought leadership activities through developing point of views, industry association event participation.
DISCLAIMER: This graphic was published by Avasant LLC as part of a larger research document and should be evaluated in the context of the entire document. The document is available upon request from Avasant website. Avasant does not endorse any provider, product or service depicted in its research publications, including RadarViewTM, and does not advise users to select only those providers recognized in these publications. Avasant’s research publications are based on information from best available sources and Avasant’s opinion at the time of publication, and their contents should not be construed as statements of fact. Avasant disclaims all warranties, expressed or implied, with respect to this research, including and warranties of merchantability or fitness for a particular purpose.

Blockchain 2018 Luxoft


Luxoft recognized as a Challenger in Avasant’s Blockchain Services RadarView™ Report

Among endless service provider options, novel and disruptive mechanics in the innovation of Blockchain brings recognition as a Challenger for Blockchain Services 2018.



Hero Challenger Shield 252x300 - Blockchain 2018 Luxoft
Blockchain Services RadarView 2018 for web - Blockchain 2018 Luxoft


Consulting-led provider, helping clients develop blockchain strategy. Developing industry POCs rapidly.


  • Challenger 2018 Blockchain Services RadarView™ Report


Avasant Analyst Insights

Practice Maturity

  • Blockchain currently lies under Luxoft’s Digital Enterprise business unit. Luxoft is positioning themselves as a consulting-led provider that can help clients understand blockchain better, identify appropriate use cases (through the litmus test methodology) and then move to POC and production.
  • Luxoft is platform agnostic and has technical and business capabilities of developing POCs across major DLT platforms and in a variety of industries such as healthcare, energy, banking and financial services.
Hero Challenger Shield 252x300 - Blockchain 2018 Luxoft

Investment

  • Luxoft has a separate technical team based out of Eastern Europe that works on developing new POCs, frameworks and solution accelerators (especially for integrating with existing IT systems).
  • Luxoft is in the process of converting their individual led start up engagement to a more structured program.
  • Luxoft is also embarking on developing an overall ecosystem in terms of partnerships with enterprises, academia, and platform providers.

Industry Development

  • Luxoft is an active member of the Crypto Valley Association, a Swiss-based, government backed independent association aiming at developing the world’s leading blockchain and cryptographic technologies ecosystem.
  • With a good amount of expertise gained through POC development, Luxoft is now increasingly going to market with their point of view through industry events.
DISCLAIMER: This graphic was published by Avasant LLC as part of a larger research document and should be evaluated in the context of the entire document. The document is available upon request from Avasant website. Avasant does not endorse any provider, product or service depicted in its research publications, including RadarViewTM, and does not advise users to select only those providers recognized in these publications. Avasant’s research publications are based on information from best available sources and Avasant’s opinion at the time of publication, and their contents should not be construed as statements of fact. Avasant disclaims all warranties, expressed or implied, with respect to this research, including and warranties of merchantability or fitness for a particular purpose.

Blockchain 2018 Hexaware


Hexaware recognized as a Challenger in Avasant’s Blockchain Services RadarView™ Report

Among endless service provider options, novel and disruptive mechanics in the innovation of Blockchain brings recognition as a Challenger for Blockchain Services 2018.



Hero Challenger Shield 252x300 - Blockchain 2018 Hexaware
Blockchain Services RadarView 2018 for web - Blockchain 2018 Hexaware


Recent yet rapidly evolving provider with a well-thought-through go-to market strategy.


  • Challenger 2018 Blockchain Services RadarView™ Report


Avasant Analyst Insights

Practice Maturity

  • Hexaware has created three units within their blockchain practice – a product and platform unit for developing assets (industry use cases, frameworks etc.) and releasing them on cloud market places, a delivery unit for helping clients with their POCs or prototype development, and the center of competency which focuses on thought leadership.
  • Having started the practice in 2017, Hexaware is in the investment phase where they are building use cases and offerings across industries. It is seeing traction in terms of POCs in the manufacturing and financial services segment.
  • Hexaware is developing an engineering team with expertise across the major platforms (Hyperledger, Ethereum, Corda and Ripple), with higher focus on Hyperledger. Interestingly, they have intertwined the engineering team with Developer Advocates that help bring domain knowledge and run innovation programs (such as hackathons) to develop industry-specific solutions.
Hero Challenger Shield 252x300 - Blockchain 2018 Hexaware

Investment

  • Hexaware is focusing on the Fintech space and has built Innovation Labs in New Jersey, London and India. These labs are helping build out industry specific solutions, frameworks and tools.
  • Hexaware is expanding its start up ecosystem presence and is engaging with niche start ups focused on Fintech.

Industry Development

  • Hexaware has developed some good partnerships with platforms providers and enterprises in a relatively short period of time. They have also become members of key consortiums, including those focused on financial services.
  • Hexaware has also been showcasing its thought leadership in this space through an extensive set of industry event participation.
DISCLAIMER: This graphic was published by Avasant LLC as part of a larger research document and should be evaluated in the context of the entire document. The document is available upon request from Avasant website. Avasant does not endorse any provider, product or service depicted in its research publications, including RadarViewTM, and does not advise users to select only those providers recognized in these publications. Avasant’s research publications are based on information from best available sources and Avasant’s opinion at the time of publication, and their contents should not be construed as statements of fact. Avasant disclaims all warranties, expressed or implied, with respect to this research, including and warranties of merchantability or fitness for a particular purpose.

Blockchain 2018 UST Global


UST Global recognized as a Disruptor in Avasant’s Blockchain Services RadarView™ Report

Among endless service provider options, novel and disruptive mechanics in the innovation of Blockchain brings recognition as a Disruptor for Blockchain Services 2018.



Hero Disruptor Shield 1 252x300 - Blockchain 2018 UST Global
Blockchain Services RadarView 2018 for web - Blockchain 2018 UST Global


Hispanic focused provider with a tailor-made approach to blockchain development. Enviable POC to production conversion.


  • Disruptor 2018 Blockchain Services RadarView™ Report


Avasant Analyst Insights

Practice Maturity

  • UST Global has taken an agile approach to their digital practice, including blockchain, and built tailor made solutions for a small set of established clients rather than developing broad-based industry specific offerings. This has helped them develop a number of use cases in their focus markets of Spain and Latin America.
  • Even with a lean practice, UST Global has been able to leverage its tailor made approach to drive projects to the Production stage. They’ve achieved traction in the Energy sector, with multiple projects with a leading European energy company, and in the banking industry with some Latin America-focused banks.
  • Provenance, payments and digital identity are some of the areas where UST Global has distinctive use cases.
Hero Disruptor Shield 1 252x300 - Blockchain 2018 UST Global

Investment

  • UST Global is taking a well balanced approach to its investments and is rapidly building scale through hiring expansion, but is also developing new assets in the form of new offerings, solution accelerators, tools and prototypes over the next year.
  • UST Global continues to develop high added-value products for their clients and are also working on launching five new products this year. They have also established partnerships to access tools for self-sovereign identity in the financial services space to aid this.
  • They are also developing a more well-rounded ecosystem by exploring enterprise and academic partnerships.

Industry Development

  • UST Global is one of the co-founders of the Alastria Network, a Spain-specific multi-sectorial consortium for the establishment of a semi-public blockchain/DLT infrastructure which is legally effective in Spain. With this initiative, UST Global is emerging as a thought leader in the blockchain space.
  • UST Global undertakes regular market creation activities and engages with industry stakeholders in various industry events, forums and associations, that it either leads or participates in, especially in the regions in which it focuses.
DISCLAIMER: This graphic was published by Avasant LLC as part of a larger research document and should be evaluated in the context of the entire document. The document is available upon request from Avasant website. Avasant does not endorse any provider, product or service depicted in its research publications, including RadarViewTM, and does not advise users to select only those providers recognized in these publications. Avasant’s research publications are based on information from best available sources and Avasant’s opinion at the time of publication, and their contents should not be construed as statements of fact. Avasant disclaims all warranties, expressed or implied, with respect to this research, including and warranties of merchantability or fitness for a particular purpose.

Blockchain 2018 Tech Mahindra


Tech Mahindra recognized as a Disruptor in Avasant’s Blockchain Services RadarView™ Report

Among endless service provider options, novel and disruptive mechanics in the innovation of Blockchain brings recognition as a Disruptor for Blockchain Services 2018.



Hero Disruptor Shield 1 252x300 - Blockchain 2018 Tech Mahindra
Blockchain Services RadarView 2018 for web - Blockchain 2018 Tech Mahindra


Fast accelerating practice placing disruptive blockchain bets on platform and horizontal solutions.


  • Disruptor 2018 Blockchain Services RadarView™ Report


Avasant Analyst Insights

Practice Maturity

  • Tech Mahindra has shifted focus to digital areas, especially since the unveiling of the DAVID (digital, automation, verticalization, innovation and disruption) strategy in 2016. Consequently, their blockchain practice has also received a shot in the arm and is making disruptive bets to show their strategic commitment to this space.
  • Tech Mahindra is developing multiple use cases across key industries and is also developing platform-based and horizontal solutions for blockchain. They have also developed design labs to showcase these use cases in a sandbox environment for their clients.
  • Tech Mahindra is creating a practice team that is a healthy mix of domain side experts and technical experts through a combination of internal resource movement and upskilling, and targeted external hiring.
  • Tech Mahindra is leveraging its strong presence in the Indian market and has been able to develop POCs with many leading enterprises and state governments. In addition, they are exploring newer geographies in the ASEAN region for their blockchain expansion.
Hero Disruptor Shield 1 252x300 - Blockchain 2018 Tech Mahindra

Investment

  • One of the biggest planned investments in this space is the $80 million CoE development that Tech Mahindra has embarked on in Canada. This CoE will focus on developing platform solutions across blockchain and artificial intelligence.
  • Overall, the focus this year is on developing tools, frameworks and templates, in addition to building certain industry pertinent platforms, horizontal solutions and rapid prototyping tools. One of these is a securitization platform for the banking industry. Investment in horizontals includes provenance tracking and identity management, among others.

Industry Development

  • Tech Mahindra has engaged with some key consortiums and is evaluating some others both from a partnership and active participation perspective.
  • Tech Mahindra is also expanding its current partnership ecosystem to accelerate their IP and offering development by engaging with academic institutions, fintech start ups and technology enterprises. This will also increase their market presence through expanded thought leadership.
DISCLAIMER: This graphic was published by Avasant LLC as part of a larger research document and should be evaluated in the context of the entire document. The document is available upon request from Avasant website. Avasant does not endorse any provider, product or service depicted in its research publications, including RadarViewTM, and does not advise users to select only those providers recognized in these publications. Avasant’s research publications are based on information from best available sources and Avasant’s opinion at the time of publication, and their contents should not be construed as statements of fact. Avasant disclaims all warranties, expressed or implied, with respect to this research, including and warranties of merchantability or fitness for a particular purpose.

Blockchain 2018 Mphasis


Mphasis recognized as a Disruptor in Avasant’s Blockchain Services RadarView™ Report

Among endless service provider options, novel and disruptive mechanics in the innovation of Blockchain brings recognition as a Disruptor for Blockchain Services 2018.



Hero Disruptor Shield 1 252x300 - Blockchain 2018 Mphasis
Blockchain Services RadarView 2018 for web - Blockchain 2018 Mphasis


Unique approach to helping clients through the blockchain business case development phase. Point solutions and IP driven practice expansion.


  • Disruptor 2018 Blockchain Services RadarView™ Report


Avasant Analyst Insights

Practice Maturity

  • Mphasis is trying to solve the client challenge of proving business value of POCs. As part of the output for their POC/prototype projects, a business case is also presented. This is an interesting approach and can potentially help quickly move their projects towards enterprise production models.
  • Mphasis augments their lean blockchain CoE with the Industry Solution Group (domain expertise) and co-development with enterprise platform developers to develop POCs and offerings.
  • They are also working in partnership with Loyakk to build platform-based point solutions in the insurance and wealth management spaces.
Hero Disruptor Shield 1 252x300 - Blockchain 2018 Mphasis

Investment

  • Mphasis is focusing on capability building to expand the knowledge of their blockchain center of excellence. They are also in the process of developing accelerators, reusable components and self-driven POCs in their incubation lab to build both technical and business capabilities.
  • Mphasis has taken a unique approach to help shepherd clients through the business case phase of the blockchain adoption cycle and are building the skills required for more strategy workshops and business case development.

Industry Development

  • Mphasis has a strong partnership with Multichain as a founding partner. This helps them contribute to Multichain development, and also receive the latest developments early. They are also evaluating more alliances and partnerships, especially with BFSI Industry consortiums and platform consortiums such as Enterprise Ethereum Alliance and Hyperledger Foundation.
  • Mphasis is also embarking on a program to take their thought leadership to market through industry events, speaking engagements, etc.
DISCLAIMER: This graphic was published by Avasant LLC as part of a larger research document and should be evaluated in the context of the entire document. The document is available upon request from Avasant website. Avasant does not endorse any provider, product or service depicted in its research publications, including RadarViewTM, and does not advise users to select only those providers recognized in these publications. Avasant’s research publications are based on information from best available sources and Avasant’s opinion at the time of publication, and their contents should not be construed as statements of fact. Avasant disclaims all warranties, expressed or implied, with respect to this research, including and warranties of merchantability or fitness for a particular purpose.

Blockchain 2018 Wipro


Wipro recognized as an Innovator in Avasant’s Blockchain Services RadarView™ Report

Among endless service provider options, novel and disruptive mechanics in the innovation of Blockchain brings recognition as an Innovator for Blockchain Services 2018.



Hero Innovator Shield 2 252x300 - Blockchain 2018 Wipro
Blockchain Services RadarView 2018 for web - Blockchain 2018 Wipro


Strong blockchain commitment with focus on building technology and talent capabilities and offerings across industries.


  • Innovator 2018 Blockchain Services RadarView™ Report


Avasant Analyst Insights

Practice Maturity

  • Blockchain has been a focus area for Wipro since fairly early. Consequently, they have developed mature offerings related to advisory, co-innovation and experimentation, blockchain applications and network services that they take to market.
  • Wipro also built a blockchain center of excellence to develop industry specific use cases and solutions. This center also houses the blockchain innovation labs, which provision blockchain environments to help clients experiment with prototypes to test scalability, performance and security of blockchain platforms.
  • Wipro has a blockchain academy to train its teams on five key platforms and build in-house blockchain capability. With this, they have been able to build a substantial number of blockchain trained resources.
Hero Innovator Shield 252x300 - Blockchain 2018 Wipro

Investment

  • Wipro is leveraging its $100 M strategic investment fund to identify and invest in the start up ecosystem around blockchain and other digital areas.
  • Wipro has also created a robust partner ecosystem by engaging with industry consortia like Hyperledger and Enterprise Ethereum Alliance, strategic partnerships with Microsoft, IBM, Oracle, SAP and a specialist blockchain partner ecosystem with R3, MultiChain, GEM, and others.
  • Wipro’s people investment has also ensured that they have a sizeable pool of blockchain trained resources across the organization.

Industry Development

  • Wipro is very active in the thought leadership space and has used various channels to disseminate its point of views, industry use cases and industry news. They have also been active in key industry events.
  • They have also joined both the Hyperledger Foundation and the Enterprise Ethereum Alliance consortiums with the express aim of building enterprise grade blockchain solutions.
DISCLAIMER: This graphic was published by Avasant LLC as part of a larger research document and should be evaluated in the context of the entire document. The document is available upon request from Avasant website. Avasant does not endorse any provider, product or service depicted in its research publications, including RadarViewTM, and does not advise users to select only those providers recognized in these publications. Avasant’s research publications are based on information from best available sources and Avasant’s opinion at the time of publication, and their contents should not be construed as statements of fact. Avasant disclaims all warranties, expressed or implied, with respect to this research, including and warranties of merchantability or fitness for a particular purpose.

Blockchain 2018 TCS


TCS recognized as an Innovator in Avasant’s Blockchain Services RadarView™ Report

Among endless service provider options, novel and disruptive mechanics in the innovation of Blockchain brings recognition as an Innovator for Blockchain Services 2018.



Hero Innovator Shield 2 252x300 - Blockchain 2018 TCS
Blockchain Services RadarView 2018 for web - Blockchain 2018 TCS


Strong commitment to blockchain, focused on developing integrated offerings across key industries.


  • Innovator 2018 Blockchain Services RadarView™ Report


Avasant Analyst Insights

Practice Maturity

  • TCS was an early mover in the blockchain space, with the establishment of the banking blockchain center of excellence consisting of a 100+ member team as early as 2016. This CoE spearheaded the integration of blockchain with TCS’ BaNCs suite of offerings and developed a number of POCs with clients. As the market matures, these seeds are beginning to pay dividends for TCS, with some of these POCs nearing the transition to production.
  • Additionally, TCS has expanded the scope of POCs to industries beyond banking and financial services, especially in the supply chain and manufacturing space.
  • TCS has built a robust network of enterprise partners to develop and deliver blockchain services.
Hero Innovator Shield 252x300 - Blockchain 2018 TCS

Investment

  • TCS continues to invest in solution accelerators for their blockchain practice, including further development of the Quartz solutions.
  • TCS is also expanding and leveraging its co-innovation partnership network (COIN network) and academic alliances to co-innovate with a number of start ups and other innovative companies.
  • TCS is also focusing on increasing its skill base across leading platforms as it has taken a platform agnostic approach to its services.

Industry Development

  • TCS has a strong partnership with financial services specific consortiums such as R3. It is also expanding its engagement with other key consortiums, especially the Hyperledger Foundation.
  • TCS also engages with the industry at various forums where they have been putting forth their points of view and learnings from POC engagements.
DISCLAIMER: This graphic was published by Avasant LLC as part of a larger research document and should be evaluated in the context of the entire document. The document is available upon request from Avasant website. Avasant does not endorse any provider, product or service depicted in its research publications, including RadarViewTM, and does not advise users to select only those providers recognized in these publications. Avasant’s research publications are based on information from best available sources and Avasant’s opinion at the time of publication, and their contents should not be construed as statements of fact. Avasant disclaims all warranties, expressed or implied, with respect to this research, including and warranties of merchantability or fitness for a particular purpose.

Blockchain 2018 Infosys


Infosys recognized as an Innovator in Avasant’s Blockchain Services RadarView™ Report

Among endless service provider options, novel and disruptive mechanics in the innovation of Blockchain brings recognition as an Innovator for Blockchain Services 2018.



Hero Innovator Shield 2 252x300 - Blockchain 2018 Infosys
Blockchain Services RadarView 2018 for web - Blockchain 2018 Infosys


Early mover with a strong go to market approach built on strong partnerships and blockchain assets.


  • Innovator 2018 Blockchain Services RadarView™ Report


Avasant Analyst Insights

Practice Maturity

  • Infosys is one of the early movers and has been developing the practice for over three years. It has developed DLT-agnostic frameworks (from their iCETs and Edgeverve units), a separate blockchain practice and blockchain working groups in their key verticals and horizontals.
  • On the people front, they have created a consulting group within the blockchain practice which comprises of techno-functional resources augmented with power programmers who focus only on emerging technologies, especially from an integration perspective.
  • They have three live network clients in the banking and financial services space, in addition to several client engagements at various stages of development.
  • Infosys is also developing cross-digital solutions, especially at the intersection of IoT and blockchain.
Hero Innovator Shield 252x300 - Blockchain 2018 Infosys

Investment

  • Infosys has invested in developing in-house frameworks and solution accelerators to help develop POCs and use cases rapidly, especially in the Banking and financial services, supply chain and trade finance sectors. They are also developing reusable assets in multiple industry verticals.
  • The Infosys Innovation fund is being leveraged to identify, incubate and develop joint ventures with promising start ups in the blockchain space
  • Infosys has strong partnerships with all technology leaders and engages with them for joint sales pitches, go to market, capability showcase and solution development.

Industry Development

  • Infosys is an active member of the Enterprise Ethereum Alliance and is a part of working groups enhancing the platform. They are also a member of Microsoft’s Blockchain Partner Council which enables them to work on joint projects with Microsoft blockchain and Azure. They are also developing partnerships across other consortiums, academia and enterprises, and are also evaluating niche start ups for partnerships.
  • Infosys invests significantly in market creation by hosting a number of multi-party interactions and design thinking workshops to jointly ideate about the future applications of blockchain. This contributes to internal development as well as potentially creating new consortiums.
  • Infosys has been active in developing and disseminating their blockchain specific points of view and engages with the industry through industry events, thought leadership initiatives, and a vibrant digital media presence.
DISCLAIMER: This graphic was published by Avasant LLC as part of a larger research document and should be evaluated in the context of the entire document. The document is available upon request from Avasant website. Avasant does not endorse any provider, product or service depicted in its research publications, including RadarViewTM, and does not advise users to select only those providers recognized in these publications. Avasant’s research publications are based on information from best available sources and Avasant’s opinion at the time of publication, and their contents should not be construed as statements of fact. Avasant disclaims all warranties, expressed or implied, with respect to this research, including and warranties of merchantability or fitness for a particular purpose.

Blockchain 2018 HCL


HCL recognized as an Innovator in Avasant’s Blockchain Services RadarView™ Report

Among endless service provider options, novel and disruptive mechanics in the innovation of Blockchain brings recognition as an Innovator for Blockchain Services 2018.



Hero Innovator Shield 2 252x300 - Blockchain 2018 HCL
Blockchain Services RadarView 2018 for web - Blockchain 2018 HCL


Engineering-focused approach to build platforms for rapid cross industry blockchain development.


  • Innovator 2018 Blockchain Services RadarView™ Report


Avasant Analyst Insights

Practice Maturity

  • HCL has taken an engineering focused approach to the blockchain space and has made strategic investments in reusable assets, platforms and accelerators to help enterprises in their blockchain journey. Two of the main assets (Co-Trust platform, which enables accelerated enterprise adoption of blockchain technologies, and Blockchain Console, which is a framework for managing end to end operations of blockchain business network) are being leveraged to develop POCs in a wide spectrum of industries.
  • HCL focused on the BFSI sector initially but is also developing distinctive use cases in the manufacturing (track and trace, supply chain etc.), healthcare and pharmaceuticals (provenance, serialization) and telecom (fraud detection) industries.
  • With the assets in place, HCL is now turning its focus on helping clients move from Proof of Concepts to Production projects by supporting the proof of value phase.
Hero Innovator Shield 252x300 - Blockchain 2018 HCL

Investment

  • In order to continue to develop IP and reusable assets, HCL is investing in hiring and onboarding blockchain architects, developers and specialists to build its core technical team.
  • HCL has invested time and built up a strong partnership network in the blockchain space. They have good engagement with all the leading DLT platforms, as well as some niche platforms, and have also developed multiple use cases on different platforms. Additionally, HCL is also increasing their academia engagement.

Industry Development

  • HCL is a fairly active member of the platform consortiums and has contributed to many co-development initiatives with other members.
  • HCL showcases its thought leadership in key blockchain industry events and emphasizes its reusable assets, especially the Co-Trust platform. HCL has also participated in hackathons to showcase its capability for development of industry specific solutions.
DISCLAIMER: This graphic was published by Avasant LLC as part of a larger research document and should be evaluated in the context of the entire document. The document is available upon request from Avasant website. Avasant does not endorse any provider, product or service depicted in its research publications, including RadarViewTM, and does not advise users to select only those providers recognized in these publications. Avasant’s research publications are based on information from best available sources and Avasant’s opinion at the time of publication, and their contents should not be construed as statements of fact. Avasant disclaims all warranties, expressed or implied, with respect to this research, including and warranties of merchantability or fitness for a particular purpose.