Jun 132017
Blockchain budgets poised to break out in 2018; initiatives to take off in 3 years

Cutter Consortium has been conducting a survey to gain insight into how organizations are adopting — or planning to adopt — blockchain technology. A few weeks ago, I reported on some of the finding about who is leading the blockchain efforts in organizations. A significant indicator of how far a new technology has penetrated the mainstream enterprise is the extent that organizations are budgeting for its adoption or usage. Cutter Senior Consultant Curt Hall is analyzing the data for a series of Executive Updates, and recently revealed his findings about budgeting for blockchain. Current budgeting for blockchain efforts in the enterprise is quite limited, with less than 20% of surveyed organizations having done so. (See Figure 1 below.) Read more