Assessment recognizes NTT DATA’s impact on global blockchain market in the past year
PLANO, TX and TOKYO– 2nd Dec. 2019 – NTT DATA, a recognised leader in global technology services, today announced the company was named a Leader in Avasant’s Blockchain Services RadarView™ 2019 report, highlighting the top IT services providers that leverage blockchain to support client initiatives.
As a Leader, NTT DATA was recognized for its significant focus on blockchain R&D and interoperability capabilities. Avasant also commended NTT DATA for its focus on industry-specific solution development, specifically in financial services, government and insurance verticals. Several blockchain use cases were highlighted, including NTT DATA’s work on developing blockchain-based applications to support interbank reconciliation, trading and supply chain.
“Since NTT DATA launched its blockchain practice in 2015, we have grown to serve clients in major industries in more than 20 countries,” said Tsuyoshi Kitani, Executive Vice President and Director, CTO, CISO, Technology and Innovation General headquarters, NTT DATA “We are proud of the strong technical expertise built through our rigorous R&D initiatives to help our clients explore the feasibility and availability of blockchain technology.”
As an early adopter of blockchain technology and founding member of the Hyperledger Foundation and Alastria consortium, as well as a contributor to projects like the Hyperledger Iroha and Quilt, NTT DATA continues to develop tools and solution accelerators to guide clients through their blockchain journey.
NTT DATA has increased its blockchain services by 50 to 75 percent across key industries. NTT DATA’s breadth of use cases and frameworks resulted in several moves beyond the proof-of-concept and pilot stages to the production stage. Earlier this year, NTT DATA was also recognized for its Blockchain Center of Excellence (CoE), which has accelerated expertise and knowledge-sharing within the field for 300 members in 20 countries.
“Avasant evaluated 33 blockchain service providers from around the globe and selected to top 20 that have brought the most value to the market over the last 12 months,” said Swapnil Bhatnagar, Avasant’s Head of Research. “Ranked as a Leader for the second consecutive year, NTT DATA continues to be a strong force within the blockchain industry through its practice maturity, investments and innovation, and ecosystem development.”
Avasant’s RadarView is an independent assessment that analyses the true capabilities of service providers, evaluating them as long-term partners for digitally-evolving global organisations on practice maturity, investment and industry development. The methodology combines traditional provider outreach with independent data mining and client-side market checks to equip analysts with a holistic overview of the service provider landscape.
For more information, visit NTT DATA to learn more about the company’s blockchain offerings.