A recent press release reports, “Information Services Group (ISG), a leading global technology research and advisory firm, today announced the launch of ISG Blockchain Now™, a new advisory and sourcing solution that enables enterprise clients to improve the efficiency, accuracy and security of their business processes through distributed ledger technology… ISG estimates the global market value of blockchain could exceed $300 billion by 2025, and more than $2 trillion by 2030. ‘Blockchain creates business value by leveraging widespread, synchronized data across a range of value chains,’ said Connors. ‘Our clients want to understand where the opportunities are, the value of those opportunities, and which technology providers are best able to meet their needs. Our ISG Blockchain Now™ solution will help them answer those important questions, and quickly begin to realize the value of blockchain right now’.”
The release goes on, “While blockchain is often associated with cryptocurrency and banking applications, more than half of current use cases are outside the banking and financial services sector. Enterprises across a wide range of industries are looking at blockchain as a powerful way to enhance transaction processing speed and data security, increase operating margins across business value chains and establish new revenue-generating business models. Blockchain technology can be applied in such areas as supply chain management, logistics, smart contracts and more. The ISG Blockchain Now™ solution suite helps clients identify and realize high-ROI opportunities to leverage blockchain technology to improve upon legacy technology, optimize existing business processes and enhance data security. Elements of the solution include strategy and use-case design, prototype blueprinting, investment case development, implementation and continuous research and development.”
Read more at PR Newswire.
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