61% of Major Global Digital Firms Invest in Blockchain, Report Finds

A poll of 1,050 IT, security and engineering firms found that 61 percent of respondents were investing in blockchain technology.

61 percent of high-profile digital companies worldwide are investing in blockchain, according to a report by identity management firm Okta shared with Cointelegraph on April 2.

San Francisco-based enterprise identity provider Okta has released a survey on new trends in technological developments and business opportunities of the world’s largest companies.

In its first “Digital Enterprise Report,” Okta surveyed 1,050 IT, security and engineering decision makers from global companies with at least $1 billion in revenue. Okta explained that decision makers were defined as someone at the company who is “responsible for making technology purchasing decisions.”

The company collected survey responses in January and February 2019 in order to find out how businesses are applying emerging technologies.

According to the report, most decision makers have preferred to invest in the Internet of Things (IoT) and artificial intelligence (AI) technologies, as 72 percent of survey respondents said they invested in IoT, and 68 percent claimed that they invested in AI. With that, 61 percent of respondents revealed that they invested in blockchain, while 58 percent said they invested in augmented reality technology.

Percentage of investment in various emerging technologies by large companies

Percentage of investment in various emerging technologies by large companies. Source: Okta Digital Enterprise Report

Out of total 1,050 decision makers, 90 percent claimed that their companies are working on formal digital transformation and investing in at least one of the aforementioned technologies.

Recently, United States-based market research firm International Data Corporation predicted that global blockchain spending will account for almost $2.9 billion in 2019, which is an 88.7 percent increase from 2018.

COMMENTS

By Readers$type=blogging$cate=2$count=6

Name

Analysis,498,News,2832,Press Releases,338,Sponsored,137,
ltr
item
CryptoNomus: 61% of Major Global Digital Firms Invest in Blockchain, Report Finds
61% of Major Global Digital Firms Invest in Blockchain, Report Finds
https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8wNTg0ZDAzM2M2NDI2ZTYwM2QwOTRmMzE1ZWY0NGVkNi5qcGc=.jpg
CryptoNomus
https://www.cryptonom.us/2019/04/61-of-major-global-digital-firms-invest.html
https://www.cryptonom.us/
https://www.cryptonom.us/
https://www.cryptonom.us/2019/04/61-of-major-global-digital-firms-invest.html
true
4884201149675661183
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share. STEP 2: Click the link you shared to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy