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Thematic Report
Technology Vendor Spotlight for Blockchain Platforms
Jan. 15, 2025As blockchain technology matures, it has evolved beyond its roots in cryptocurrency to become a versatile tool enabling transformative applications across industries. Enterprises are increasingly adopting blockchain to enhance trust, transparency, and operational efficiency, fueling demand for enterprise-grade platforms. However, the diverse blockchain provider landscape presents challenges in selecting the right-fit provider for specific enterprise needs. When evaluating blockchain providers, enterprises should prioritize factors such as support for decentralized finance use cases, asset tokenization, and convergence with emerging technologies such as AI. Providers must also integrate with existing enterprise ecosystems, offer interoperability solutions, and support vertical-specific applications to ensure effective deployment. This report explores the blockchain technology vendor landscape, profiling 14 major providers. It assesses their capabilities across the blockchain value chain, from infrastructure to application services, and highlights industry trends such as AI-blockchain synergy, innovative use cases, and enterprise adoption strategies. Scope All industries and geographies Contents In this report, we examine: Market trends and provide an industry-wide view of blockchain adoption, highlighting sector performance and key demand drivers Platforms that accelerate blockchain adoption, supported by initiatives from key providers driving blockchain progress Company overview, top industries and geographies served, noteworthy clients, partnerships, supported platforms, recent deals, key applications, and illustrative use cases Membership(s) Digital Services Sourcing and Vendor Management -
State of the Market
Digital Transformation Services for Mid-Market Enterprises
Nov. 22, 2024Rapid advances in digital transformation services are reshaping mid-market enterprises, modernizing operations, enhancing customer experiences, and staying competitive in a fast-evolving market. As these organizations navigate digital transformation, tailored solutions and adaptable service models are vital for successful adoption and sustained growth. In this report, we analyze the global digital transformation services market for mid-market enterprises, highlighting benefits and strategies that drive adoption and challenges and opportunities these businesses face. The report evaluates key trends in the mid-market sector, examining how digital transformation is progressing across industries, geographies, and technology types. It further assesses the essential characteristics of digital transformation solutions suited to the mid-market, focusing on intellectual property, talent, partner ecosystems, and investment trends. The report concludes with a forward-looking outlook for 2025, offering strategic insights for sustained success and enhanced client relationships. Scope All industries and geographies Contents In this report, we examine: Digital transformation overview Mid-market overview and digital transformation adoption trends Buyer insights Solution characteristics Outlook for 2025 Memberships Digital Services Sourcing and Vendor Management -
Provider Compendium
Digital Transformation Services for Mid-market Enterprises – Provider Compendium 2024
Oct. 16, 2024Mid-market enterprises are strategically prioritizing digital transformation to stay agile, resilient, and competitive in today’s fast-paced business environment. By outsourcing IT, they are integrating advanced technologies such as cloud computing, data analytics, AI, and automation into their core operations. This enables them to boost operational efficiency, drive innovation, and enhance the overall customer experience. In response, providers are offering both technical expertise and industry-specific knowledge required to successfully navigate complex digital landscapes. They focus on refining their offerings through strategic partnerships with technology and platform providers and developing Intellectual Property (IP) to maximize RoI and gain enterprise confidence. This compendium providers accurate, comprehensive, and fact-based snapshots of 21 digital transformation providers’ capabilities and offerings in the mid-market. Each profile presents a detailed overview of the provider’s vision and strategy, scope of services offered, key IPs/solutions, partnerships, and case studies. It will enable buyers to select the best-fit provider for their needs and empower providers to benchmark themselves against their competition. Scope All industries and geographies The study is based on Everest Group’s annual RFI process for the calendar year 2024, interactions with leading providers, client reference checks, and an ongoing analysis of the digital transformation services market for mid-market enterprises Contents In this report, we: Provide an overview of the digital transformation services for mid-market enterprises business, including its vision and strategy, revenue and composition across geographies, industry segments, value chain functions, and buyer sizes Assess providers’ case studies and proprietary solutions Examine partnerships and investments in the digital transformation services domain Membership(s) Digital Services Sourcing and Vendor Management -
PEAK Matrix®
Digital Transformation Services for Mid-market Enterprises PEAK Matrix® Assessment 2024
Sep. 26, 2024As digital transformation moves from initial adoption to broad integration, it is poised to significantly reshape enterprise operations and customer interactions. Mid-market enterprises are recognizing digital transformation’s value and are investing heavily to pursue more efficient, agile, and technology-driven business models, creating vast opportunities across various industries. Key technologies, such as AI, ML, and big data and analytics, are helping mid-market enterprises to modernize operations, enhance decision-making, and explore new growth avenues. Enterprises are seeking providers with expertise in such technologies that can deliver innovative solutions backed by strong intellectual property. They are also looking for partners that combine advanced technology with a focus on building strong relationships, cost-efficiency, and agility. Providers with relevant industry knowledge and a supportive partner network are well-positioned to help enterprises effectively achieve their digital transformation goals. In this report, we assess 21 digital transformation service providers featured in the Digital Transformation Services for Mid-Market Enterprises PEAK Matrix® Assessment 2024. Providers are categorized as Leaders, Major Contenders, and Aspirants based on their capabilities, offerings, and strategic approaches, demonstrating their role in advancing mid-market enterprises’ transformation objectives. Scope All industries and geographies The study is based on Everest Group’s annual RFI process for the calendar year 2024, interactions with leading providers, client reference checks, and an ongoing analysis of the digital transformation services market for mid-market enterprises Contents In this report, we: Evaluate 21 leading digital transformation service providers for mid-market enterprises on Everest Group’s PEAK Matrix® evaluation framework Highlight the characteristics of Leaders, Major Contenders, and Aspirants in the market Assess providers’ key strengths and limitations Membership(s) Digital Services Sourcing and Vendor Management -
Provider Compendium
Digital Twin Services – Provider Compendium 2023
Oct. 16, 2023Digital twins, which are virtual replicas of physical products, processes, and systems, play a vital role in helping enterprises reduce downtime, improve product tracking and tracing, and closely monitor asset conditions by simulating diverse scenarios. The demand-driven digital transformations spurred by the pandemic have brought digital twins to the forefront of innovation, even in industries with lower digital maturity. Enterprises have eagerly embraced these virtual counterparts to revolutionize their operations. Over the past year, a remarkable surge in adoption has broken down barriers across various sectors, propelling digital twins into the heart of transformation strategies. As organizations ramp up their investments, the benefits of this technology are becoming increasingly evident. Enterprises are increasingly partnering with providers to meet the demand for rapid digital twin deployment, seamless integration of IT/OT systems, enhanced data and infrastructure security, and the shortage of skilled professionals in the enabling technologies domain. Organizations leveraging the potential of digital twins should carefully assess the capabilities of these providers before choosing their technology partner. In this report, we assess 21 leading digital twin service providers and position them on Everest Group’s PEAK Matrix® framework as Leaders, Major Contenders, Aspirants, and Star Performers based on their capabilities, vision, and market impact. These providers have been instrumental in empowering enterprises to unlock new levels of efficiency, insight, and success. The research will help buyers select the right-fit provider for their transformation goals, while providers will be able to benchmark themselves against their peers. Scope All industries and geographies The assessment is based on Everest Group’s annual RFI process for the calendar year 2023 interactions with leading digital twin service providers, client reference checks, and an ongoing analysis of the digital twin services market>/li> Contents In this report, we examine: Everest Group’s Digital Twin Services PEAK Matrix® evaluation of 21 digital twin service providers Characteristics of Leaders, Major Contenders, and Aspirants in the digital twin services landscape Enterprise sourcing considerations Detailed profiles of all 21 providers, including their capability overview, scale, key investments, partnerships, and case studies Providers’ key strengths and limitations Membership(s) Digital Services Sourcing and Vendor Management -
State of the Market
Exponential Technology Radar 2023 – Navigating the Future with Blockchain, Metaverse, and Digital Twin
Sep. 25, 2023In today’s rapidly evolving technology landscape, enterprises must invest in cutting-edge technologies such as blockchain, digital twins, and the metaverse to secure their competitive edge and future success. In this report, we analyze these emerging technologies and examine the current market landscape. The report explores how enterprises are harnessing the potential of these technologies to future-proof their businesses and serves as an invaluable guide for decision-makers and strategists, offering insights into the current market status, growth potential, and practical applications of these technologies. Furthermore, it highlights real-world examples of how top enterprises are gaining a competitive advantage by adopting these technologies. By providing essential knowledge and strategic guidance, this report empowers businesses to adapt effectively to technological shifts and make well-informed decisions as they chart their course into the future. For those at the helm of decision-making, this report is an indispensable resource for navigating the evolving technological landscape and ensuring that their organizations remain at the forefront of innovation. Scope All industries and geographies Contents In this report, we examine: The significance of addressing present-day problems using future technologies Phased radar approach for industry-specific prioritization of technology investments Aligning organizational structures and resources with the development of exponential technologies based on their maturity level Considerations for senior leaders as they navigate the landscape of exponential technologies Membership(s) Digital Services Sourcing and Vendor Management -
PEAK Matrix®
Digital Twin Services PEAK Matrix® Assessment 2023
Aug. 25, 2023Digital twins, virtual replicas of physical products, processes, and systems, are playing an instrumental role in aiding enterprises to reduce downtime, improve product tracking and tracing, and closely monitor asset conditions by simulating diverse scenarios. The demand-driven digital transformations spurred by the pandemic have propelled digital twins to the forefront of innovation, even in industries with lower digital maturity. Enterprises have eagerly embraced these virtual counterparts to revolutionize their operations. Over the past year, a remarkable surge in adoption has broken down barriers across various sectors, propelling digital twins into the heart of transformation strategies. As organizations ramp up their investments, the benefits of this technology are becoming increasingly evident. Enterprises are increasingly collaborating with providers due to the demand for swift digital twin deployment, seamless integration of IT/OT systems, enhanced data and infrastructure security, and the shortage of skilled professionals in the enabling technologies domain. Organizations leveraging the potential of digital twins would do well to carefully assess the capabilities of these providers before choosing their technology partner. In this report, we assess 21 leading digital twin service providers and position them as Leaders, Major Contenders, Aspirants, and Star Performers based on their capabilities, vision, and market impact. These providers have been instrumental in empowering enterprises to unlock new levels of efficiency, insight, and success. The research will help buyers select the right-fit provider for their transformation goals, while providers will be able to benchmark themselves against their peers. Scope All industries and geographies The assessment is based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading digital twin service providers, client reference checks, and an ongoing analysis of the digital twin services market Contents In this report, we study: Everest Group’s Digital Twin Services PEAK Matrix® evaluation of 21 digital twin service providers Characteristics of Leaders, Major Contenders, and Aspirants in the digital twin services landscape Providers’ key strengths and limitations Membership(s) Digital Services Sourcing and Vendor Management