Microsoft abi inform8/30/2023 “While IBM has some of the more advanced pilots to date, Microsoft leads on the implementation front, with a broad range of platform choices and deep integration with its existing cloud services.” Microsoft and IBM are capitalizing on the numerous proof of concepts and pilots that have been tested on their platforms in the last 2 years, the first of which are already being commercialized,” said Michela Menting, Research Director at ABI Research. “The advent of cloud offerings in the space shows that blockchain technology is ripe for productization. The two firms are a league ahead of other vendors in terms of their BaaS offerings. While Microsoft leads overall, it is followed very closely by IBM, which is marginally ahead in terms of innovation. Microsoft has been involved in blockchain projects since at least 2015, and today offers a host of services on its Azure cloud computing platform, the most notable of which is the Azure Blockchain Workbench. Each vendor was analyzed on innovation metrics such as market penetration, proof of concepts and pilots, and ecosystem support, and implementation metrics such as platform diversity, primary features, developer resources, and integration with their own solutions. The Blockchain-as-a-Service competitive assessment ranked 11 vendors currently competing in the BaaS space: Alibaba, Amazon, Baidu, Cisco, HPE, Huawei, IBM, Microsoft, Oracle, SAP, and Tencent, based on ABI Research's proven innovation/implementation criteria framework. Ranked as the leading Blockchain-as-a-Service platform, Microsoft received the top spot followed closely by IBM, announced ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies.
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