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A total of 96 percent stated regulatory and legal would have the biggest impact. But when survey participants were asked about the future impact of the technology in a question allowing more than a single response. Legal and regulatory use cases were next in line with 19 percent. The most promising current use case in the SAP survey were supply chain and IoT, which jointly won support from 63 percent of respondents. “Blockchain, by its very definition, should engender trust,” but as “with any emerging technology, challenges and doubts exist around blockchain’s reliability, speed, security and scalability.” “When we called them up and did a bit more of a drill down, those live production deployments were more akin to what we call ‘pilots,’” said Gil Perez, SAP’s senior vice president, products and innovations and head of digital customer.Īlthough the SAP survey indicates blockchain adoption is still nascent, the results were more upbeat than a Gartner chief information officer survey released earlier in the year, which reported 1 percent of CIOs had any kind of blockchain adoption and 8 percent of them were in the short-term planning or active experimentations stages while another 14 percent were involved in medium- or long-term blockchain planning.Ī recent PwC survey reported, ironically, that one of the biggest barriers to blockchain adoption is trust in it. When SAP followed up with those individual companies to learn more about those deployments, they learned most were still early-stage projects. Only 3 percent of the companies reported deploying blockchain in production today. Six months ago, SAP surveyed roughly 250 of its customers about blockchain to find 92 percent of them saw opportunity in the technology while 84 percent of them are “currently engaged in blockchain related activities.” If enterprise blockchain adoption was a baseball game, which inning would we be in? After attending an SAP media and analyst event in San Francisco on September 4 dedicated to the technology, it seems we’re still in the first inning, but the stands are filled with spectators.

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