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Report information:

IBM- Blockchain Services

Vendor Analysis

by NelsonHall Analyst

published on Sep 05, 2018

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Report Overview:

This NelsonHall assessment analyzes IBM's offerings and capabilities in Blockchain Services

Who is this Report for:

NelsonHall’s blockchain services vendor assessment for IBM is a comprehensive assessment of IBM’s blockchain offering and capabilities, designed for:

  • Sourcing managers investigating sourcing developments within blockchain
  • IT and process decision makers exploring the benefits and inhibitors of blockchain as evidenced from the clients and vendor capability
  • Vendor marketing, sales and business managers developing strategies to identify developments and target opportunities within managed service programs
  • Financial analysts and investors specializing in, or covering the blockchain industry and suppliers.

Scope of this Report:

The report provides a comprehensive and objective analysis of IBM’s blockchain offering, capabilities, and market and financial strength, including:

  • Identification of the company’s strategy, emphasis, and new developments in both its service and technology
  • Analysis of the company’s strengths, challenges, and outlook
  • Revenue
  • Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
  • Analysis of the company’s key offerings (service model and service components)
  • Analysis of the company’s delivery capability (including the location, size and scale of delivery operations; and delivery via technology).

Key Findings & Highlights:

IBM launched its blockchain unit in 2014 as the outcome of an IBM research project that projected a total economic value of $176 billion added to global GDP by 2025 through the application of blockchain, with that figure reaching $3.1 trillion by 2030.

IBM was a founding member of the Hyperledger project community and focused its efforts on a single project within that community, Hyperledger Fabric. Hyperledger announced the production-ready version of Hyperledger Fabric 1.0 in July of 2017, at which time IBM solutions built to that point were ready for production deployment.

 

IBM does not disclose its Blockchain-specific revenues, but NelsonHall estimates its revenue from Blockchain projects at $50m.

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