The Business Analytics Blockchain examines nine dimensions necessary for successfully analysing your potential for using blockchain:
For a long time now, blockchain has produced benefits not only in the financial world where the technology was originally employed. Thanks to the speed, security, and traceability that it provides, it offers cross-sectoral potential to sustainably change and improve the activities of companies and structures. In addition, blockchain can reduce costs and create transparency in the areas in which it is applied. As a result, the technology succeeds in delivering large added value in a world with complex business relationships and increasing demands for transaction speed and security.
However, blockchain can present a major challenge for many companies when it comes to implementation and creating value. Implementation of this technology should therefore be carefully considered in advance and the conditions within a company be examined accordingly. Based on your answers in a total of seven dimensions it is determined whether and to what extent your company is ready for the use of blockchain solutions. Blockchain business analytics is based on questions in the following dimensions: ability to innovate, strategy, culture, organization and staff, business processes, transactions, data processing, automation and (IT) security. It therefore provides the first step towards successful introduction of the technology and allows a simple analysis of the potential offered by blockchain for your own business model.
Start the Business Analytics preview. It contains an overview of all dimensions of the analysis and offers you a first insight into the question structure at hand with one of many response scales.
1/9 General innovation capability of the organization
Within the entire organization, great importance is attached to digitization.
In our industry, we have a clear understanding for applications of Blockchain technologies.
How many bottom-up initiatives - initiated by the employees in your department - have there been in your department over the last 2 years with regard to Blockchain?
4/9 Organization & Employees
Who is responsible for the identification of use cases (responsibility and control) in digitization projects?
5/9 Business processes
We have a lot of contact with external parties in our business processes.
We have a variety of transactions (e.g. transfer of money, rights or ownership) in our business processes.
Many departments in the organization access the same data.
Business processes are mainly…
In the past 2 years, the failure safety of our IT systems was a big problem.
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To explore the topic of Blockchain in greater depth, we have created an exclusive Learning Experience that provides fundamental knowledge within your organization. This helps to perform our analysis on the maturity level of integrating a blockchain solution and to bring all parties involved in the organization to a uniform level of knowledge. With the knowledge gained here, you can holistically understand and successfully implement the recommendations for action gained through business analytics.
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