Deloitte's Survey of Senior Executives shows increasing interest and investment in blockchain at the highest levels
Question: On which blockchain model is your org. or project focusing its activities?
- 45% responded 'Public blockchain like bitcoin or Ethereum'
- 50% responded 'Private blockchain'
Deloitte’s 2019 global blockchain survey
Deloitte conducted this survey between Feb 8 and Mar 4, 2019, primarily as a research vehicle to gain greater insights into the overall attitudes and investments in blockchain as a technology. The survey polled a sample of 1386 senior executives in a dozen countries (Brazil, Canada, China, Germany, Hong Kong, Israel, Luxembourg, Singapore, Switzerland, UAE, UK, and USA) at companies with US$500 million or more in annual revenue for US respondents and at companies with US$100 million or more in annual revenue for respondents outside the US.
Respondents had at least a broad understanding of blockchain and were familiar with and able to comment on their organization investment plans.
Summary of results:
- 86% feel blockchain is broadly scalable and will eventually achieve mainstream adoption (+2 pts year-over year [YoY])
- 83% say their executive team feels there is a compelling business case for blockchain (+9 pts YoY)
- 77% say they will lose a competitive advantage if they don’t adopt blockchain (+9 pts YoY)
- 53% call blockchain a top-five priority (+10 pts YoY)
- 87% will either maintain or increase blockchain investment in the next year
Overall attitudes toward blockchain have strengthened meaningfully. They have begun to focus on what business models it might disrupt and how it can help solve their business problems. This change reflects a growing pragmatism and “seasoning” of collective opinions about blockchain as it continues to evolve into a more grounded business solution
Posted May 21, 2019, 4:13 PM UTC · edited
Dont forget this little excerpt;
Trust me I'm optimistic, but what does this really mean? They think the tech is great but they just want to invest? Maybe they want to simply use it, and wont need their "own" private chain???
The way I see it: somewhere between 23 and 34 percent of the respondents have already done something blockchain related (most will be PoC's, but still..), and there is 43 percent room to grow and convince other companies to do the same. I call that a win, given the alpha phase we are in.