Even though analysts need to label and sort enterprise technologies into neat silos, this practice has always been of limited value. As it often makes navigating a buyer toward the right product for their needs much harder than it should be.
2020 has been a year of misery, economic crisis, hardship, political upheaval, and of course, COVID 19. So we want to close this year out with a positive, socially distant, and safe celebration of our industry. To that end, we will soon be launching our Innovation Index Report; in this report, we highlight the technology vendors that have stood out and moved the needle for us.
Business value is one of our most asked about enterprise blockchain topics. It is relatively easy for firms to investigate blockchain from a technology perspective. Indeed, the past few years have seen many minimal viable products/technology proofs of concept. But MVPs are only now beginning to transition to significantly sized production systems. And there are not many of them. What is the problem? True, there are some technical constraints. However, my opinion is that this lack of transition is often due to difficulty understanding blockchain business value from strategic value and business case perspectives.
This past week Peter Brooks and I finished up some client research on the topic of Enterprise Blockchain. The fact is from a year or two of POC’s and poking around; real-world implementations are now underway. What’s interesting to us is that there are two ends to the spectrum of Enterprise Blockchain. At the one end, significant ambitious projects, like transforming entire global supply chains, and the other end, the transformation of under-appreciated but critical tasks. Oddly though, on the surface, there doesn’t seem to be much in between.
Last year we oversaw a TSG* 11 Billon billion benchmarking exercise. This week we talked with Alfresco arch-rival, Nuxeo, who has now also taken it to 11. On the one hand, we can see massive benchmarking activities as little more than techies showing off. On the other hand, and it will come as a surprise to some, today’s repositories of documents are sometimes counted in multiple billions.