The SAP Blockchain Symposium: The Start of Collaboration
This IDC Market Note discusses the 2018 SAP Blockchain Symposium held in Palo Alto, California. Blockchain technology is still in its earliest stages, but software vendors, service providers, and enterprises in multiple industries are exploring how the technology can be used to lower costs and improve efficiencies. Software vendor SAP recently convened a symposium at its Palo Alto headquarters and invited its customers, partners, and industry analysts to discover and discuss how blockchain is already being used in very interesting ways."Blockchain could be potentially very disruptive to enterprise software vendors," said James Wester, research director, IDC Insights. "SAP's symposium is a good demonstration of how software vendors are actually in a position to help foster the growth of the technology even as it radically alters the market around them."
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