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Zensar mentioned in Gartner Market Guide for Blockchain Consulting and Proof of Concept Development Services
Press Release | 3 May 2018
Pune, India, May 3, 2018: Zensar, a leading digital solutions and technology services company that specializes in partnering with global organizations across industries on their Digital transformation journey, announced that it has been mentioned in the Gartner Market Guide for Blockchain Consulting and Proof-of-Concept Development Services [ID: G00326939] authored by Gartner Analysts David Groombridge, Rajesh Kandaswamy, Chrissy Healey (Published Date: 13 March 2018)
This Research focuses on providing sourcing and vendor management leaders with insight into the nature of the market and its potential evolution. In addition, it will illustrate the wide range of providers who deliver blockchain strategy and POC consultancy services.
Gartner defines the market for Blockchain consulting and POC development services as professional services to help clients ideate, assess and exploit the business possibilities of blockchain and other distributed ledger technologies (DLTs). Such services support organizations in implementing new business strategies that use blockchain technologies to achieve business goals.
Gartner now forecasts that, by 2025, Blockchain will generate an annual business value of over $175 billion, rising to over $3 trillion by 2030.
Zensar is listed as one of the Representative Vendors, where the vendors have been selected based on their provision of strategic advice, creation of POCs, and helping clients take POCs into pilot or production.
Sandeep Kishore, Chief Executive Officer and Managing Director, Zensar said, “Blockchain has been an important focus area for us and to be included in this list is very encouraging. The potential for blockchain is on the growth path and we do see many of our customers are looking for expert consulting services to realize the business outcomes.”
Ullas Nambiar PhD, Vice President and Head of Technology, Zensar said, “We have made strides in our initiative to make blockchain a more effective solution. This inclusion underlines our efforts of taking the right steps to help resolve multiple problems of our global customers.”
Zensar’s “4D" framework — Discover, Define, Design and Deliver to engage on Blockchain initiatives with customers. The Discover phase aims to create stakeholder alignment to support blockchain adoption, using workshops to explain blockchain and identify suitable use cases. The Define phase includes business consulting around business drivers and expected outcomes for the intended blockchain solution. Design focuses on providing a technology template and using IP and accelerators to develop and implement the blockchain network. Deliver includes validation of outcomes and future roadmap definition.
Zensar's ZenSmartBlox is a framework for delivering custom blockchain offerings that integrates with multiple blockchain platforms. Zensar has used it to create solutions for trade finance, property due diligence, organ registry, medical bills reconciliation and for resident mobile application within manufacturing. ZenSmartBlox's integration framework also allows interconnection of blockchain data with existing systems. Zensar has a blockchain feasibility evaluation engine to analyze a given business case and report the viability and practicality of a Blockchain solution for that use case.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose