Accenture Ranks No. 1 in Enterprise Blockchain Services by HFS Research

Accenture recognized for leveraging its full breadth and depth to deliver blockchain solutions at scale

Accenture has been recognized as the number one service provider overall for enterprise blockchain services in a recent report from industry analyst firm HFS Research.

The Report, HFS Top 10: Enterprise Blockchain Service Providers, 2021, assessed 12 leading blockchain services providers based on detailed discussions with their leadership teams, inputs from their enterprise clients, and analysis of thousands of blockchain engagements across industries worldwide.

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“Our position in this HFS report reflects the strong combination of Accenture’s deep technology expertise coupled with robust ecosystem and industry consortium relationships, along with a top-notch global team dedicated to solving our clients’ complex business challenges”

Accenture ranked No. 1 overall as well as in four of the 12 evaluation criteria, including scale and growth, delivery footprint, ecosystem reach and OneOffice alignment.

“Our position in this HFS report reflects the strong combination of Accenture’s deep technology expertise coupled with robust ecosystem and industry consortium relationships, along with a top-notch global team dedicated to solving our clients’ complex business challenges,” said David Treat a senior managing director who leads Accenture’s Tech Incubation Group. “Our continued investments in emerging technologies and professional development are critical priorities for us as we strive to create new value for clients worldwide.”

Accenture’s notable strengths cited in the report are:

• Structure and scale: One of the biggest shifts in Accenture’s blockchain business this year was its transition from a strategic initiative to a distinct business within Accenture Technology.
• Emerging technology strategy: Accenture believes strongly that blockchain alone is not the answer, and as such is weaving a selection of emerging technologies into its blockchain engagements to provide innovative solutions that deliver genuine value.
• Ecosystem reach: Accenture has a broad partnership ecosystem that includes IBM, Amazon, and Google, which it leverages throughout its engagements; it also founded and contributed to countless consortiums, generating value across a range of key stakeholders.
• Research and development: Accenture invests heavily in research and development across its entire business, and the blockchain space is no different, as it boasts one of the largest spends across its peer group.
• Talent investment: Alongside its existing blockchain dedicated and proficient headcount, Accenture has developed its “Technology Quotient” training program, which will see most of its employees receiving training from blockchain subject matter experts and ecosystem partners; alongside its plan to increase their blockchain-focused headcount by 25% in the next 12 months.

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