Gartner blockchain 2020

Access to the full report, as well as other Gartner research, is available to Gartner subscribers. The decentralization and immutability of blockchain records play a key role in the offerings of three emerging vendors. Application leaders should investigate their offerings. This cloud-native approach makes applications more portable—as well as more cost efficient to implement and maintain—compared to prevention, detection and recovery using perimeter systems or network appliances.

We are searching data for your request:

Wait the end of the search in all databases.
Upon completion, a link will appear to access the found materials.

Content:

• Cryptocurrency money laundering up 30 percent in 2021
• How IBM and Gartner Primed The 2017 Blockchain Hype Bubble
• Gartner Predictions for 2020: Assessing Your Game Plan
• Blockchain technology market size worldwide 2018-2025
• Gartner Cool Vendor in Blockchain Technology 2019 Report
• Five Trends that are Dominating Blockchain Technology in 2020

WATCH RELATED VIDEO: Why is Privileged Access Management (PAM) so important?

Cryptocurrency money laundering up 30 percent in 2021

According to the company, a strategic technology trend is one that has the potential to disrupt the industry and break out into broader impact and use. Hyperautomation : Automation refers to solutions that can automate manual human tasks.

Hyperautomation refers to automating tasks using advanced technologies such as artificial intelligence and machine learning. According to Gartner, while it can be applied to a range of tools, it often refers to discover, analyze, design, automate, measure, monitor and re-asses. Multiexperience: Instead of technology-literate people, multiexperience addresses people-literate technology, Gartner explained. Here, computers move from single point interactions to multisensor and multitouch point interfaces such as wearable devices or advanced computer sensors.

Democratization of expertise : Industry leaders are always trying to democratize a technology trend for the broader set of people. Gartner believes this will be a trend to look out in the next coming year as technology is created to provide users with easy access to technical or business expertise without going through extensive and costly training.

This area will focus on four key areas: application development, data and analytics, design, and knowledge. Human augmentation: Or technology that enhances human cognitive and physical experiences. Physical augmentation refers to:. Cognitive augmentation refers to the ability to think and make decisions such as exploiting information and applications to improve learning and experiences, according to Gartner.

Additionally, AI and ML are increasingly used to make decisions in place of humans, evolving the trust crisis and driving the need for ideas like explainable AI and AI governance.

This trend will focus on ethics, integrity, openness, accountability, competence and consistency. Gartner predicts by , there will be 20 times as many smart devices at the edge. Complex edge devices, including robots, drones, autonomous vehicles and operational systems will accelerate this shift.

Distributed cloud: As cloud adoption continues to increase, Gartner is looking at distributed clouds over the next year. The firm expects autonomous things to evolve from controlled environments to open public spaces. In the delivery market, the most effective solution may be to use an autonomous vehicle to move packages to the target area. Robots and drones aboard the vehicle could then affect final delivery of the package. The complete blockchain model will include:.

Hyperautomation and autonomous things will not only introduce new opportunities, but new potential points of attacks, according to Gartner.

AI security includes: protecting AI-powered systems, leveraging AI to enhance security defense; and anticipating nefarious use of AI by attackers.

Arguably all actions of the organization can be attributed to how it impacts these individuals and groups either directly or indirectly. This is a people-centric approach. AI , artificial intelligence , automation , autonomous things , blockchain , cloud , Edge , security , technology. She is responsible for the oversight of the daily news published to the website as well as the company's weekly newsletter, News on Monday.

She covers agile, DevOps, AI, machine learning, mixed reality and software security. She is an undeniable nerd who loves Marvel comics and Star Wars.

On Follow her on Twitter at chriscatdoza! Get access to this and other exclusive articles for FREE! Article Tags AI , artificial intelligence , automation , autonomous things , blockchain , cloud , Edge , security , technology. Subscribe to SDTimes. View all posts by Christina Cardoza. Related Articles. Weaveworks acquires Magalix to secure Kubernetes. As applications drive business, iPaaS comes of age.

There's no charge and it only takes a few seconds. Sign up now!

How IBM and Gartner Primed The 2017 Blockchain Hype Bubble

Cat Mules Follow. As businesses fight to emerge from the shadow of the COVID pandemic, data and analytics leaders are playing a critical role in response, recovery and preparation for a post-pandemic reset. This will drive a five-fold increase in data streaming and analytics infrastructure. Smart AI techniques are driving more adaptable and flexible systems for handling challenging business situations, including modelling and simulating complex systems. Edge devices — providing entry points into the core networks of enterprises or service providers — are driving investment in new chip architecture, which is accelerating AI and ML models and workflows.

Gartner Predictions for 2020: Assessing Your Game Plan

In fitting with the well-known Gartner Hype Cycle, emerging technology is often overhyped in its early phases, and underhyped in the long run at the tech actually progresses. The blockchain uses case that will accrue the most business value in the short term is digital cash offered by various companies. Gartner predicts this trend will increase in popularity and attribute nearly a quarter of the total value generated by blockchain technology. As time progresses, Gartner expects intracompany blockchains to produce significate value until cross-company blockchain reach a point in which they can generate the most benefit to businesses. This follows the common narrative that permissioned blockchains will meet the needs of businesses until public blockchains are able to scale significantly. However, the future implications of blockchain will be powerful and occur throughout multiple industries. Some companies have opted to build their own proprietary blockchain platforms rather than building upon standardized platforms such as Ethereum. There will be companies that create platforms for niche industries and use cases until a larger platform can gain substantial market share.

Blockchain technology market size worldwide 2018-2025

However, organizations must avoid missteps that could leave them out of capitalizing fully on blockchain. This is the real business of blockchain," said David Furlonger, vice president of research at Gartner. Gartner created a blockchain spectrum that includes four evolutionary phases. The phases are separated solution offerings and characters of blockchain, including some that won't be developed for years to come. Blockchain-enabling technologies.

Gartner Cool Vendor in Blockchain Technology 2019 Report

Blockchain is a simple yet ingenious way of transferring information from A to B in an entirely automated and safe manner. One party initiates the process by creating a block for the transaction. Millions of computers distributed over the internet verify this block. The verified block is added to a chain that is stored online, building not just a unique record, but a unique record with a unique history. Fabricating a single record means falsifying the whole chain in millions of instances, and it is virtually impossible.

Five Trends that are Dominating Blockchain Technology in 2020

However, enterprises can make missteps that will leave them out of position to capitalize fully on blockchain, under competitive threat by using the wrong strategy and being lulled into a false sense of progress and capability. To unlock this potential, CIOs should use a framework to help their organizations better understand the timing of investments and the value proposition for blockchain usage based on different solution archetypes. Gartner created the Blockchain Spectrum to examine the phased evolution of blockchain solutions and how this path aligns to the anticipated value businesses can derive. Each of these phases offers opportunities and risks, but CIOs should begin experimenting at some level based on a clear understanding that the choices they make will have significant consequences for their enterprise competitiveness and respective industries. These technologies provide the foundation upon which existing future blockchain solutions can be created and business modeled. This foundation can also be used as part of nonblockchain solutions; for example, to improve operational efficiency.

High expectations for digital market prosperity will boost technology investments despite potential impacts of the Omicron variant. Despite the potential impacts of the Omicron variant, economic recovery with high expectations for digital market prosperity will continue to boost technology investments. Simultaneously, staff skills gaps, wage inflation and the war for talent will push CIOs to rely more on consultancies and managed service firms to pursue their digital strategies.

Google's cloud division has formed a group to build business around blockchain applications, following efforts to grow in retail, health care and other industries. Success could help Google further diversify away from advertising and become more prominent in the growing market for computing and storage services delivered from remote third-party data centers. Blockchain advocates often talk about constructing decentralized applications that leave large intermediaries out of the equation. In particular, DeFi short for "decentralized finance" is a rapidly growing sector of the crypto market that aims to cut out middlemen, such as banks, from traditional financial transactions, like securing a loan.

Success could help Google further diversify away from advertising and become more prominent in the growing market for computing and storage services delivered from remote third-party data centers. Blockchain advocates often talk about building decentralized applications that leave big middlemen out of the equation. With DeFi, banks and lawyers are replaced by a piece of programmable code called a smart contract. This contract is written on a public blockchain, like ethereal or solana, and it executes when certain conditions are met, eliminating the need for a central middleman. Some of these services eventually became the property of big Internet players, including Google, which bought Blogger and YouTube which is now one of its strongest businesses.

Mark Jones. Blockchain is touted as enabling traceability for products. Source: Shutterstock.