ENABLING SMART PROCUREMENT

Global Blockchain Technology Category - Procurement Market Intelligence Report

Single User: Allows a single employee of the organization to access the subscribed reports.

  • Published in: Aug 2017
  • Pages: 93
  • SKU: IRCMSTR14520

Global Blockchain Technology Category - Procurement Market Intelligence Report

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Single User: Allows a single employee of the organization to access the subscribed reports.

SpendEdge’s blockchain technology procurement research report is an all-inclusive guide helping procurement professionals to make smart purchasing decisions. This report provides an in-depth analysis of the supply markets, pricing models, factors influencing purchasing decisions, sourcing and procurement best practices, supplier landscape and an analysis of the supplier capability matrix.

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Blockchain Technology - Category Spend Analysis

According to procurement analysts at SpendEdge, one of the key growth contributors for the global blockchain technology market is the low transaction cost offered by it. Conventionally, all monetary transactions have been carried out through financial intermediaries such as banks. But, the presence of intermediaries often leads to delays in processing of transactions and increases the cost. By using blockchain technology all transactions are carried out through cryptographic codes known as keys. These keys are unique for each user and allow users to easily transact with each other, without relying on any intermediary.

Blockchain Technology - Procurement Best Practices

As the computing requirements and transaction costs of public blockchains are constantly on the rise, it is not economically feasible for a new organization to be a part of a public blockchain. Therefore, organizations should try to implement a private blockchain by being a member of an industry consortium. This divides the operational costs among the participants and leads to a viable ecosystem, providing sustainability to a commercialized solution. A consortium also leads to the formation of better data governance standards, technology standards, operational protocols, and high bargaining power with regulators given the ambiguity surrounding the regulatory aspects of the category

Blockchain Technology - Procurement Challenges

A major procurement pain point experienced by the buyers is the consistent need to invest in computing power. In a blockchain ecosystem, miners (network participants) are rewarded for being the first in the network to validate a given transaction. This validation requires tremendous processing power as the validation is done by solving highly complex algorithms. As, the number of transactions grow, the computing power requirements keep going up. The continuously rising processing needs necessitate continuous investment in processing power. This increases the cost per transaction and can easily erode any cost savings incurred by being a part of the blockchain.

 

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo. 

Read less

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Blockchain Technology - Category Spend Analysis

According to procurement analysts at SpendEdge, one of the key growth contributors for the global blockchain technology market is the low transaction cost offered by it. Conventionally, all monetary transactions have been carried out through financial intermediaries such as banks. But, the presence of intermediaries often leads to delays in processing of transactions and increases the cost. By using blockchain technology all transactions are carried out through cryptographic codes known as keys. These keys are unique for each user and allow users to easily transact with each other, without relying on any intermediary.

Blockchain Technology - Procurement Best Practices

As the computing requirements and transaction costs of public blockchains are constantly on the rise, it is not economically feasible for a new organization to be a part of a public blockchain. Therefore, organizations should try to implement a private blockchain by being a member of an industry consortium. This divides the operational costs among the participants and leads to a viable ecosystem, providing sustainability to a commercialized solution. A consortium also leads to the formation of better data governance standards, technology standards, operational protocols, and high bargaining power with regulators given the ambiguity surrounding the regulatory aspects of the category

Blockchain Technology - Procurement Challenges

A major procurement pain point experienced by the buyers is the consistent need to invest in computing power. In a blockchain ecosystem, miners (network participants) are rewarded for being the first in the network to validate a given transaction. This validation requires tremendous processing power as the validation is done by solving highly complex algorithms. As, the number of transactions grow, the computing power requirements keep going up. The continuously rising processing needs necessitate continuous investment in processing power. This increases the cost per transaction and can easily erode any cost savings incurred by being a part of the blockchain.

 

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo. 

PART 1: CATEGORY AT A GLANCE

  • TAKEAWAY 01 | Market Overview
  • TAKEAWAY 02 | Demand and Supply Snapshot
  • TAKEAWAY 03 | Key Market Dynamics
  • TAKEAWAY 04 | Supply Market Highlights
  • TAKEAWAY 05 | Pricing Insights
  • TAKEAWAY 06 | Procurement Insights

PART 2:  SCOPE OF THE REPORT

  • Category Definition
  • Research Methodology

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing

PART 6: PROCUREMENT INSIGHTS

  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis

PART 7: TOP FIVE SUPPLIERS

  • Microsoft
  • IBM
  • Deloitte
  • Accenture
  • Capgemini

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us
Read less

PART 1: CATEGORY AT A GLANCE

  • TAKEAWAY 01 | Market Overview
  • TAKEAWAY 02 | Demand and Supply Snapshot
  • TAKEAWAY 03 | Key Market Dynamics
  • TAKEAWAY 04 | Supply Market Highlights
  • TAKEAWAY 05 | Pricing Insights
  • TAKEAWAY 06 | Procurement Insights

PART 2:  SCOPE OF THE REPORT

  • Category Definition
  • Research Methodology

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing

PART 6: PROCUREMENT INSIGHTS

  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis

PART 7: TOP FIVE SUPPLIERS

  • Microsoft
  • IBM
  • Deloitte
  • Accenture
  • Capgemini

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us

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