ENABLING SMART PROCUREMENT

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

Global Blockchain Technology Category - Procurement Market Intelligence Report

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SpendEdge’s Blockchain Technology Procurement Market Intelligence Report is an all-inclusive guide helping sourcing and procurement leaders 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 SpendEdge analysts, 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. 

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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 SpendEdge analysts, 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. 

Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS     

  • Microsoft
  • IBM
  • Deloitte
  • Accenture
  • Capgemini

PART 8: APPENDIX         

  • Glossary
  • About Us     
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Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS     

  • Microsoft
  • IBM
  • Deloitte
  • Accenture
  • Capgemini

PART 8: APPENDIX         

  • Glossary
  • About Us     

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