Accenture Named a Leader in the First IDC MarketScape Assessment on Blockchain Services
August 10 2020 - 8:59AM
Business Wire
Accenture’s strategy, demonstrated commitment
and use cases cited as strengths in the report
Accenture (NYSE: ACN) has been positioned as a Leader in
blockchain capabilities by the IDC MarketScape.
The report — IDC MarketScape: Worldwide Blockchain Services 2020
Vendor Assessment (Doc # US46393920, June 2020) — is the first IDC
MarketScape assessment of vendors providing professional services
supporting blockchain technologies. Each of the 12 companies
included in the report has a standalone blockchain practice or
business unit and is actively working with clients to build
blockchain implementations that have been deployed outside of a
test environment.
Among Accenture’s notable strengths cited in the report are:
- a comprehensive and well-articulated strategy that puts
blockchain into a larger context across multiple industries,
including finance, supply chain and capital markets;
- a focus on using blockchain for business transformation and to
improve underlying processes;
- strong business relationships across protocols and industry
consortiums — including Hyperledger, the Enterprise Ethereum
Alliance and Corda — as well as partnerships with IBM Global
Technology Services, Microsoft and Amazon Web Services, showing a
commitment to supporting the evolution of the blockchain community;
and
- the company’s dedication to digital identity innovations from
biometric- and blockchain-based digital identity, shared
homomorphic encryption, and interoperability to technical
architecture blueprints and security has delivered a significant
number of mature production implementations.
- a large number of completed blockchain engagements or projects,
including proofs of concept and pilots that provide a level of
familiarity and expertise. These projects include a significant
number of mature production implementations, with noteworthy
examples in insurance and capital markets, indicating a deep
understanding of those industries and verticals.
“We are honored to be recognized for our leadership in
developing the blockchain capabilities and strategies that help
clients take their digital transformation to the next level,’’ said
David Treat, a senior managing director at Accenture who leads its
Blockchain and Multiparty Systems business. “This next wave of
innovation is enabling greater collaboration, trust and resiliency
as entire ecosystems reshape and reinvent their business models.
From making supply chains more nimble, to transforming money for
our digital world, to facilitating seamless travel and providing
greater control over our data and personal information – we’re
helping our clients make new markets and capture more value amidst
change, with greater consistency and confidence.”
“Accenture's strategy and demonstrated commitment to blockchain,
its technology, consortiums, and use cases make the company a good
partner for organizations looking to build out their blockchain
implementations beyond pilots or proofs of concept,” said James
Wester, Research Director, Worldwide Blockchain Strategies,
IDC.
In addition to being named a Leader in the IDC MarketScape,
Accenture was recently positioned as a Leader in the Everest Group
PEAK Matrix™ Assessment for Blockchain Services and recognized in
the HFS Top 10 Enterprise Blockchain Services 2020 Report.
More information about Accenture’s Blockchain and Multiparty
Systems business can be found here.
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services in strategy and consulting,
interactive, technology and operations, with digital capabilities
across all of these services. We combine unmatched experience and
specialized capabilities across more than 40 industries — powered
by the world’s largest network of Advanced Technology and
Intelligent Operations centers. With 513,000 people serving clients
in more than 120 countries, Accenture brings continuous innovation
to help clients improve their performance and create lasting value
across their enterprises. Visit us at www.accenture.com.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide
an overview of the competitive fitness of ICT (information and
communications technology) suppliers in a given market. The
research methodology utilizes a rigorous scoring methodology based
on both qualitative and quantitative criteria that results in a
single graphical illustration of each vendor’s position within a
given market. IDC MarketScape provides a clear framework in which
the product and service offerings, capabilities and strategies, and
current and future market success factors of IT and
telecommunications vendors can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective vendors.
This document makes descriptive reference to trademarks that may
be owned by others. The use of such trademarks herein is not an
assertion of ownership of such trademarks by Accenture and is not
intended to represent or imply the existence of an association
between Accenture and the lawful owners of such trademarks.
Copyright © 2020 Accenture. All rights reserved. Accenture and
its logo are trademarks of Accenture.
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Alison Geib Accenture +1 703 947 4404 alison.geib@accenture.com
Denise Berard Accenture +1 617 488 3611
denise.berard@accenture.com
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