Yesterday, IT services firm Wipro along with HFS Research, published the results of a survey studying enterprise blockchain adoption and the future of the technology for enterprises. Titled ‘Ignore blockchain at your peril, but don’t drive blindly’, the report found that about 75% of executives believed blockchain was a strategic priority, but many are close to the blockchain initiatives. Other key results include just 10% of projects are on the path to production, and only 25% are long term focused as opposed to efficiency oriented.
Wipro and HFS surveyed 318 executives, including 111 C-level executives, and reviewed about 940 blockchain initiatives. The respondents have been closely involved in their organization’s blockchain efforts and spread out across the world and come from several industries.
The survey found that blockchain was more popular with top-level executives, with 90% saying they consider the technology as a strategic priority. On the other hand, about 69% of mid-senior management had the same opinion. Only 1% of the respondents believe blockchain is not relevant to their business, although the survey focused on executives who are associated with blockchain initiatives.
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