Most companies don't plan to include the blockchain in their business - Gartner

Most companies don’t plan to include the blockchain in their business – Gartner

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The results of a new survey by the consulting firm Gartner indicate that business for the most part is not inclined to integrate the blockchain.

Gartner conducted a survey among the directors of information technology regarding their attitude to technology. Only 1% of respondents said they had any use of blockchain in their business. Another 8% reported that they were experimenting with the blockchain and are planning to integrate the technology in the near future.

At the same time, 77% of the respondents reported that they are not interested in blockchain and they are not going to use it.

Gartner vice-president David Furlonger said that the results of the survey indicate “an extraordinary proliferation of ideas about the prevalence and widespread use of detachment.”

“It is critically important to understand what blockchain is and what it is capable of doing today in the context of its ability to transform companies, industries and society tomorrow,” he said.

23% of the 293 who said they were ready to use the blockchain managers believe that working with technology requires the availability of new skills. 18% reported that employees who possess such skills are not easy to find, and the rest have suggested that the implementation of the blockchain will require changes in the operating procedures of their IT departments.

Furlonger also noted that companies that are in a hurry to integrate the blockchain may face a loss of investment or discover that the technology does not suit them.

“Although many industries demonstrate an initial interest in blockchain-initiatives, it is not yet clear whether decentralized, distributed and tokenized networks will suit them. They have a chance to get bogged down, trying to integrate the blockchain into the obsolete streams of creating values ​​and systems.”

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