Blockchain and distributed ledger technologies at their core are distributed or peer to peer databases. This seems like a potential existential threat to companies like SAP and Oracle. Perhaps not today, but it will be a serious issue in five to ten years.
Raimond Gross, Chief Blockchain Strategist at SAP, spoke to Ledger Insights at the Blockchain Summit in London. One of the questions put to him was rather blunt: “isn’t SAP likely to be disrupted by blockchain?” Usually, people avoid or deflect that sort of question. Not Gross. He even responded “potentially”, but SAP has a plan.
Future vision
Before looking at that plan, it’s worth exploring Gross’ vision of the future in the next ten plus years. After all, SAP is an enterprise software company, so if enterprises are going to evolve
SAP will need to as well.
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