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ThoughtWorks’ Bi-Annual Technology Radar Recognizes Blockchain Gaining in the Enterprise

Blockchain technology is increasingly becoming a popular choice for enterprises to find new ways to interact with their customers.

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The technology underpinning the cryptocurrency Bitcoin is increasingly being adopted in the enterprise, with companies finding ways to leverage blockchain solutions for distributed ledgers and smart contracts. This trend has been highlighted in the 17th edition of Technology Radar from global software consultancy, ThoughtWorks. The bi-annual report provides an assessment of the emerging trends shaping the future of software development and business strategy.

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“Blockchain technology is increasingly becoming a popular choice for enterprises to find new ways to interact with their customers. Adaption of Blockchain technology clearly indicates the trust India’s industry leaders are placing the technology. The transfer of power and control from large entities to the many, enabling safe, fast, cheaper transactions in a completely transparent manner is the future of every sector transformed by technology,” said, Sudhir Tiwari and Sameer Soman, Managing Directors, ThoughtWorks India.

"Docker is the new process, and Kubernetes is the new operating system," says Bharani Subramaniam, Market Technology Principal, ThoughtWorks. “While there has been wide adoption of containers due to the success of Dockers, Kubernetes is emerging as a clear leader when it comes to container orchestration, with far-ranging support from the tech community."

The Technology Radar, based on ThoughtWorks’ observations, conversations and frontline experiences solving its clients’ toughest business challenges, includes both existing and nascent technologies.

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The report uses a visual approach to divide trends into four groups covering Techniques, Platforms, Tools and Languages & Frameworks, with each area further broken down into a recommendation to Hold, Assess, Trial or Adopt.

In addition to blockchain-based solutions gaining traction, the notable themes in this edition include the open source on the rise in China, organizations embracing a polycloud strategy and Kubernetes fast emerging as the de facto choice for managing the deployment of containerized applications.

Organizations are encouraged to use this open-source visualization tool and build their own Technology Radar to map their technology portfolio and objectively assess what's working and isn't.

bi-annual-technology-radar cryptocurrency enterprises thoughtworks blockchain-technology bitcoin
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