Gartner Survey: 77% Of CIOs Have ‘No Plans’ For Blockchain
Blockchain may be known to 66% of chief information officers (CIOs) but only 22% plan on using it, a new survey from Gartner released May 3 claims.
According to the 3138 CIOs who responded to the survey, 14% want to use blockchain as part of their “medium- to long-term planning,” while 8% are eyeing “short-term” implementation. Just 1% are already using blockchain.
The results contrast with the general perception of the technology entering the mainstream in rapid fashion, Gartner concluding that blockchain is “massively hyped” and that its future potential does not reflect its current status.
“This year’s Gartner CIO Survey provides factual evidence about the massively hyped state of blockchain adoption and deployment…,” vice president David Furlonger commented.
“It is critical to understand what blockchain is and what it is capable of today, compared to how it will transform companies, industries and society tomorrow.”
The survey also pointed to the familiar problem of skills acquirement, something businesses often face when wanting to adopt blockchain solutions.
While blockchain is often touted among cryptocurrency skeptics as the ‘real’ revolution behind phenomena such as Bitcoin, a Thomson Reuters survey in April appeared to show the opposite.
Asked whether they were planning to interact with cryptocurrencies, 20% of finance firms said they would do so by the end of 2018.
In addition, at least 56 of the over 400 respondents said their plans should come to fruition by August.
Source
Plagiarism is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam.
Spam is discouraged by the community, and may result in action from the cheetah bot.
More information and tips on sharing content.
If you believe this comment is in error, please contact us in #disputes on Discord
Congratulations @veni001! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
You published 4 posts in one day
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP