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M9510-747 exam Dumps Source : IBM Application Infrastructure Sales Mastery Test v1
Test Code : M9510-747
Test Name : IBM Application Infrastructure Sales Mastery Test v1
Vendor Name : IBM
: 37 Real Questions
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This blog become written by Steve McDowell, storage and HCI practice lead for Moor Insights & strategy.
The cloud computing world is a one filled with surprising pivots, swift turns, and sharp boomerangs. The early hopes that cloud computing, with its desirable charge/advantage equations and ease of management, would exchange the commercial enterprise records middle had been brief-lived.
As enterprises migrated workloads to the a variety of cloud providers, instructions were discovered, and a brand new fact set in. Workloads require information, and facts has gravity. It’s now not a simple count number to stream an utility to the cloud and hope that your existing storage structure provides the right set of services to aid it. You have to set up storage architectures designed to bridge on-premises infrastructure with the cloud. Storage in a multi-cloud ambiance is not a place for the meek.
The complexity of blending on-premise and cloud has come into sharp relief during the last a few months as every player in the business IT value chain moves into new territory. The be aware "cloud" itself has become nebulous, as public cloud suppliers stream infrastructure and capabilities on-premises, usual OEMs enter the capacity-on-demand enterprise, and utility increasingly becomes the defining glue tying all of it together.
Google's Cloud subsequent developer conference changed into held this week in San Francisco, where the business announced a set of software capabilities its branded "Anthos" to manipulate applications and workloads throughout inner most facts facilities and Google Cloud services. Anthos even promises to assist workloads on its competitor's Amazon internet capabilities and Microsoft service provider's Azure clouds. Anthos is, now not fairly, in line with containers and Kubernetes, with a storage story that depends on carriers efficaciously supporting the Container Storage Interface (CSI).
Deploying solutions such as Google’s Anthos, and even Amazon’s Outpost on-web site cloud providing, requires complex integration with a gentle eye in opposition t balancing compute and storage. These multi-cloud implementations aren't flip-key, as an alternative counting on tight coordination between companions to set up an commercial enterprise-competent solution.
while the cloud suppliers and server OEMs vacillate on what they each accept as true with is the correct stability of on-premises and cloud applied sciences, each and every conserving high-margin turf in the technique, they should still talk about IBM, who has emerged as an unlikely lighthouse for the facts-driven multi-cloud world.
IBM, if you are no longer conscious, is the quantity 4 public cloud provider international. The business doesn't get down within the dust and fight for each bit of business within the equal method that Amazon and Google do. IBM in its place focuses its cloud efforts where it has at all times concentrated its company: servicing the needs of the business.
by myself amongst cloud providers and storage expertise providers, IBM has not ever vacillated on its imaginative and prescient. IBM has always considered multi-cloud as an clever mix of infrastructure and cloud, managed by using a finished blend of utility and functions. They’ve made it handy for their customers to installation multi-cloud solutions, whether these cloud workloads are containerized or leverage extra traditional virtual machine expertise.
last week in Rome, IBM’s storage team endured its enablement of enterprise IT to additional its experience into the multi-cloud world.All about the application
The records-driven multi-cloud world revolves around the application stack, which makes the capabilities true and manageable. For IBM, that software is its Spectrum Storage suite of products.
probably the most captivating of IBM’s storage bulletins is its enhancements to IBM Spectrum Virtualize, now providing guide for Amazon AWS public cloud. IBM Spectrum Virtualize for Public Cloud permits for hybrid multi-cloud mobility to and from AWS and IBM clouds, with non-disruptive migration to, from, and between clouds.
IBM Spectrum Virtualize for Public Cloud is hosted on a pair of AWS EC2 compute situations, the place it will possibly virtualize and manage EBS block storage, and photo to and from S3 storage. The application offers records mobility from IBM’s Storwize family unit, FlashSystem 9100, SVC, and VersaStack. It’s an across-the-board answer play for IBM.
all the way through its Rome experience, IBM additionally up-to-date its Spectrum Scale information-administration device. Spectrum Scale has expanded efficiency for SMB and NFS, whereas also aiding new tiers of scalability and resiliency.
one of the most more interesting announcements from IBM is new software assist for blockchain technology within IBM storage solutions. As blockchain evolves right into a crucial ability for managing chains of believe, i will see many applications leveraging expertise in a multi-cloud world. i am anxious to see this evolve and bear in mind how firms leverage the potential.
one of the niceties of IBM's storage choices is the blueprints that IBM offers to aid enterprise IT and IBM's partners straight away install options with self belief. IBM Spectrum Virtualize for Public Cloud extends the library of blueprints, with new choices defining workload mobility with VMware's NSX, enterprise continuity, and cyber-resiliency with "air-gapped" snapshots.
software is the vital anxious equipment of the multi-cloud infrastructure, however that software can only ever be as able as the hardware materials its tasked to manage. performance in the storage world is described via the capabilities provided through the mix of flash reminiscence and the NVMe interconnect. IBM was a very early adopter of NVMe-based mostly flash storage, deploying its customized FlashCore modules to convey very excessive-throughput, low-latency, solutions into its efficiency product.
The component about multi-cloud is that it doesn’t all the time require the optimum-performing arrays. Deploying multi-cloud solutions requires the efficiency required through a given workload, with satisfactory scalability to live on future evolutions of that workload. To that conclusion, IBM announced enhancements to its Storwize V5000 family, bringing better capabilities to the lower-conclusion of its storage choices, and supplying end-to-conclusion NVMe to its V5100 collection.
the new IBM Storwize V5100F and v5100 convey NVMe to a previously not possible fee-aspect. The arrays convey basically 2.5x greater efficiency than the outdated V5030F, choices 9x more cache than outdated iterations, are has support for server-type memory. The densities are equally compelling, with the arrays able to bring as much as 2PB of flash in exactly 2U. That ability can scale-as much as 23PB, and scale-out to 32PB with 2-method clustering enabled. The IBM Storwize V5100F redefines how you'll want to feel about cost-efficient performance and density.
IBM has also updated its Storwize 5100, bringing new levels of scalability and density to the lessen-cost range of its choices. The up-to-date IBM Storwize V5010E double the IOPS of its predecessor while scaling to 12PB. The updated IBM Storwize V5030E additionally offers a pleasant bump, providing 20% better max IOPs, with scalability of as much as 32PB.
IBM also provided updates to its FlashSystem A9000/A9000R to give more suitable assist for multi-tenant environments. The up-to-date FlashSystem now enables sharing of actual storage components among numerous digital networks, while also supporting VLAN tagging on its iSCSI ports. These features should still result in more desirable safety and an overall discount of charges in multi-tenant environments. These are vital enhancements for MSPs and others who share elements between disparate person agencies.
Tying collectively all of IBM’s storage portfolio is its rich suite of Spectrum Storage application, designed to integrate IBM storage infrastructure with the multi-cloud world. The combination of IBM Spectrum Storage software and the up-to-date arrays offers you an conclusion-to-conclusion solution competent for containerized, AI-driven, workloads. at the equal time, this set of updates supply IBM one of the broadest degrees of NVMe-enabled flash storage in the industry.Concluding techniques
because the usual server OEMs and the public cloud providers hone in on a collection of architectures for the facts-driven multi-cloud world, it has develop into apparent that the solution turned into correct in front of us the whole time.
IBM has blended cloud and infrastructure from the very early days of its cloud offerings. The business gives you essentially the most cohesive set of features and solutions that scale on-premise and cloud hosted workloads.
IBM's storage crew, in selected, has been aggressive in using this vision. Its line of storage arrays are one of the vital most aggressive in the industry, but for those who couple those arrays with the power of the IBM Spectrum Storage software suite, it becomes unbeatable. IBM stands very nearly on my own in offering a finished range of storage solutions that span statistics middle hardware, private cloud, and public cloud. or not it's contemporary embracing of Amazon AWS, and other public cloud competitors is a powerful move that advantages IBM's commercial enterprise consumer base. alternative is at all times first rate.
Barminco, Hindustan Zinc, Petra Diamonds and Vedanta Zinc international tap into the Sandvik and IBM relationship to enhance operations and security in underground complicated-rock mining
Award-winning OptiMine® Analytics with IBM Watson IoT for predictive preservation and optimization, analyzes, learns and communicates with equipment operating hundreds of feet underground
TAMPERE, Finland and ARMONK, N.Y., April 1, 2019 /PRNewswire/ -- Joint clients of IBM (NYSE: IBM) and Sandvik Mining and Rock know-how, one of the most world's greatest premium mining device producers, are tapping the powers of IoT, superior analytics and artificial intelligence to realize safeguard, renovation, productivity and operational efficiency.
The mining and rock excavation industry is under turning out to be drive to boost the world provide of minerals to satisfy the needs and expectations of a hastily rising world population. This regularly requires extracting from increasing more advantageous depths, which could make it tricky to talk and act as critical when gadget fails or must be serviced.
OptiMine® Analytics transforms records into system improvements via predictive insights and actionable dashboards embedded into operation administration methods. the usage of the analytics capabilities from IBM Watson IoT, this suggestions management answer makes it possible for mining groups to mix machine and utility statistics from disparate sources in actual-time, inspecting patterns in the records to help enrich availability, utilization and performance.
through a series of IBM Design pondering workshops, IBM and Sandvik work with consumers to advance a framework to shape offerings round information driven productivity and predictive preservation. using the Watson IoT technology, Sandvik and IBM have jointly created a platform able to comply with the stringent reliability and security necessities of mining operations. Predictive preservation expertise leveraging IoT sensor data has additionally been introduced as part of this platform.
"Proactively deciding on maintenance wants before whatever thing breaks is resulting in big can charge and time savings," stated Patrick Murphy, president, Rock Drills & technologies, Sandvik. "Our award-successful OptiMine® Analytics with IBM Watson IoT solutions offer their clients a greater complete view of their operations for smarter, safer and extra productive work."
Sandvik and IBM valued clientele similar to Petra Diamonds and Barminco are using IoT to assist reduce miner exposure to adverse work environments and enhance security.
"Our top precedence is the protection of their personnel and if a computing device fails underground, they want immediate perception into what is going on in that tunnel," noted Luctor Roode, government operations at Petra Diamonds. "With the solution from Sandvik and IBM, they have actual-time data that allows us to immediately establish the basis reason for the difficulty and act therefore."
"Leveraging facts is become more and more useful across the mining sector. via analytics, computing device researching and AI, we're seeing new probabilities for multiplied operational efficiency," spoke of Paul Muller, chief govt officer, Barminco. "Our partnership with Sandvik's OptiMine® Analytics allows us to fast-song their efforts, leveraging Sandvik's entire-of-fleet facts and innate machine skills."
OptiMine® Analytics will even be used by Vedanta Zinc overseas's Black Mountain Mining (BMM) operations in South Africa's Northern Cape Province, to speed up records-pushed operations for defense, efficiency and productiveness for vehicles, loaders and drills. moreover, Hindustan Zinc, one of the vital world's greatest built-in producers of zinc, lead and silver has tapped Sandvik to put into effect a big digital transformation at its Sindesar Khurd Mine, India, to be certain all required infrastructure and systems can obtain world-classification mining safety, effectivity and productivity.
"Sensors and tracking methods for asset administration is barely the starting when it involves how artificial intelligence will disrupt the mining trade," talked about Jay Bellissimo, accepted manager, Cognitive manner Transformation, IBM global business functions. "developing a solution that turns the information into actionable insights is a delicate count. It requires an interdisciplinary effort spanning across mining expertise, application engineering and information science. IBM and Sandvik at the moment are on path to aid transform the mining value chain with the fusion of cognitive capabilities into miners company and working tactics."
Sandvik has been providing options in the mining automation business for many years, with self sustaining operations in additional than 60 mines on six continents. This footprint is an important asset to the technique optimization solutions in greater and better demand. For its half, IBM has been working with leading mining consumers to infuse cognitive capabilities of their company and operating methods, growing the Cognitive price Chain for Mining. This multidisciplinary approach leverages and expands on the ideas of the fourth industrial revolution with the aid of assisting miners obtain new efficiency discounts, without needing to make big-scale capital investments.
Sandvik group Sandvik is a excessive-tech and world engineering group offering items and features that increase customer productiveness, profitability and safeguard. They grasp world-main positions in chosen areas – tools and tooling programs for metallic reducing; device and tools, carrier and technical options for the mining trade and rock excavation inside the construction industry; items in advanced stainless steels and particular alloys in addition to products for industrial heating. In 2018, the group had about 42,000 employees and revenues of about one hundred billion SEK in additional than a hundred and sixty countries within carrying on with operations.
Sandvik Mining and Rock expertise Sandvik Mining and Rock technology is a business area in the Sandvik neighborhood and a world main organisation of gadget and tools, service and technical solutions for the mining and development industries. application areas consist of rock drilling, rock chopping, crushing and screening, loading and hauling, tunneling, quarrying and breaking and demolition. In 2018, earnings were about forty three billion SEK with about 15,000 personnel in carrying on with operations.
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international enterprise Machines Corp. (NYSE: IBM) ranks as one of the most three top of the line-performing Dow Jones industrial regular shares so far in 2019, and it seems the bulls are calling for this stock to upward thrust even greater. With its acquisition of pink Hat closing later this yr, huge Blue is deciding on up steam at least in response to one analyst.
Nomura reiterated a purchase rating for IBM with a $a hundred and sixty rate goal, implying an upside of eleven.6% from probably the most fresh closing rate of $143.39.
The brokerage firm believes that organic growth in cloud and artificial intelligence (AI) plus inorganic transformation puts IBM in an incredible position for a return to sustained sales boom. eventually this is combined, where on one hand Nomura is modeling 2% in biological boom within the fourth quarter, whereas on the other overseas trade (FX) has worsened.
Nomura estimates cloud as a service earnings will grow about 20%. IBM is winning new, even cloud native, consumers before the red Hat acquisition. A modest though respectable 15% of respondents in Nomura’s CIO survey use the IBM Cloud. OpenShift should support IBM win new customers and new workloads as agencies start to usher mission crucial purposes from on-premise to public or deepest clouds.
additionally Nomura expects “Watson on AWS/Azure/GCP” courtesy of OpenShift to broaden its complete addressable market. This plus new leadership should aid Watson news flow to recuperate from an (overstated) low final summer. greater than 30% of respondents in the CIO survey already use Watson.
within the file, the firm precise:
We believe FX headwinds should be as a minimum at the excessive-conclusion of IBM’s 1-2 factor tips. They lessen their 2019 estimates from $seventy eight.0 billion / $13.ninety five to $seventy seven.2 billion / $13.90. Consensus of $78.0 billion / $13.91 doesn't seem to embody FX headwinds. Their $a hundred and sixty target fee is eleven.3x their 2020E EPS of $14.17. They agree with IBM’s return to growth deserves a top rate to its five-year regular of 10x, notwithstanding the costly pink Hat deal should cap multiple enlargement.
with the exception of Tuesday’s movement, IBM had outperformed the large markets, with its stock up about 26% year thus far. despite the fact, over the last fifty two weeks, the inventory was in fact down nearer to 5%.
Shares of IBM were closing considered down 1% at $142.29, in a fifty two-week latitude of $a hundred and five.ninety four to $162.00. The consensus expense target is $141.06.
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In the recent years, the amount of custom software development companies reached a critical number. Thus, the question of selecting the needed option among the best custom software development companies stands as sharp as never before.
Honestly, the choice of one and only top custom software development company is really hard. Almost each custom software development company on market meets the highest standards of service delivery and has the diversified set of specializations and advantages. Therefore, the presented list of top custom software development companies required comprehensive research in the ratings prepared by various analysts.
And here is the result.Best Custom Software Development Companies 2019 | Top Software Developers in USA, UK, and Canada
In order to create the most trustworthy result, this rating of top custom software development companies used the information arranged by Hackernoon, Extract, Clutch, Upcity, ITfirms and other many other observers. In fact, most of them agree with the statement that the best custom software development company should cooperate with top clients and provide the diversified set of products and services. Otherwise, the company’s ability to completely satisfy the needs of its customers raises doubt.
Within the range of identified criteria, the presented review of best custom software development companies chose the most reliable and popular developers on the market. Besides, the results are ordered based on the degree of detalization custom software development companies gained among the observers used for reference in this rating.The candidates shortlisted as top custom software development companies in 2019 for this review:
Let’s look at each representative in the list of best custom software development companies closer.INTELLECTSOFT, TOP CUSTOM SOFTWARE DEVELOPMENT COMPANY FROM PALO ALTO, CALIFORNIA Intellectsoft custom software development company, Palo Alto, California | Top Software Development Companies List 2019
Top clients: Guinness, EY, Jaguar, Audi, Harley-Davidson, Universal, Nestle
Intellectsoft is a multi-awarded custom software development company that specializes in various solutions and services. Being the top choice among the numerous reviews, this provider also gained the reputation of the most reliable custom software development company. Precisely, it has collected numerous case studies on assisting top clients with automated solutions, investment decisions, iPad apps, sales data optimization, and others.
Concerning the specific delivery Intellectsoft offers on market, the provider mainly works on blockchain and financial technologies, cloud computing, B2B and B2C Web portals, documentation management, online billing, and payment solutions. At the same time, it deserved the top custom software development company title thanks to the wide range of services in its package. Among its main elements, there are UI and UX, DevOps, and mobile apps development. On each of the above-mentioned offerings, the exemplary dedication of a qualified team and the usage of innovative technologies make the difference too. Finally, the best custom software development company possess sufficient resources to offer full-cycle expertise, meaning the recently launched blockchain lab and the unification of four companies under one mobile platform. In combination, these factors make it relevant to state that Intellectsoft is the company delivering services and solutions of the top quality on market.
Besides, this top custom software development company can proudly guarantee its clients the highest standard of each service and solution designed. In particular, Intellectsoft managed to turn almost two-thirds of its customers into loyal clients and satisfy almost each of them to the extent of asking for the software assistance again. In this context, the custom software development company is not afraid of working with the complicated tasks in software engineering, intelligent consulting, hi-tech solutions, and IoT and AI development. Together, these factors significantly contribute to multiplying the success stories with clients like Google, Eurostar, Cirruspath and many other Fortune 500 representatives. And this helps Intellectsoft reach the stars in the industry and head the list of top custom software development companies this year.
Headquarters: United States, UK, Norway
Founded: 2007 | Employees: 50–499Software Development Services:
Top clients: Google, Vodafone, Discovery, Cardiff University, Stockmusic.net
Oxagile deserves its title of a top custom software development company due to the integrity of the services provided. In other words, this custom software development company presents end-to-end solutions on market and makes this successfully enough to satisfy the customer needs completely. Awarded numerous times (IAOP The Global Outsourcing 100 in 2017, Deloitte Technology Fast 500 and 2016 Software Companies 500, among its recent prizes), Oxagile guides its work in accordance with the values of craftsmanship, trust, flexibility, and teamwork.
Among the diversified custom software development services, Oxagile pays the significant attention to online video management, AdTech, eCommerce, and business intelligence. At the same time, the presented list of Oxagile competences is incomplete. In addition, the best custom software development company smoothly assists clients in mobile and web app development, automated testing, big data, and computer vision. While working on each of the presented services and solutions, Oxagile positions itself as a custom software development company that overcomes any challenges of the dynamic market and aims at continuous innovation.
In this context, the level of customer satisfaction with Oxagile justifies its achievements. It is truly impressive: 97% of clients left positive reviews about the services that this company has delivered through them to a billion of end users. In addition, the wide range of loud names among Oxagile’s top clients supports the corporate ambitions for expansion and success. Specifically, the top custom software development company guided almost 500 projects with corporate giants like Google and Vodafone: working on coaching analytics systems, platform optimization, the launch of innovations, and digital advertising adjustments. In the end, Oxagile established the reliable portfolio, full of excited testimonials from clients on the experiences crafted by the passionate workers in its development team.
Headquarters: USA, UK, Belarus
Founded: 2005 | Employees: 250–499Software Development Services:
Top clients: Microsoft, Dunkin Donuts, Best Buy, US Bank, Epsy, Wrigley, Dell
The valid place among top custom software development companies is deserved by FrogSlayer due to its willingness to craft the greatest and the most needed solutions — and successfully putting this ambition into action. With the emphasis on uniting the workers into a close-knit passionate team, this custom software development company manages to offer game-changing services of any difficulty and urgency. And its work is awesome.
Concerning the very specifics of the delivery process designed by FrogSlayer, clients can experience three stages: planning, building, and management. At the preliminary stage, the company offers the sophisticated package of pre-project consulting, code or architecture review, and research, design & planning. Then, FrogSlayer assists the companies on the building stage. Here, a client can wait up to 90 days to receive MVP after the product design and, in the same timeframe, get V1 from MVP. Moreover, this package includes a dedicated team option. Finally, the stage of service management emerges, when the custom software development company works hard on the smooth running of the result designed. Precisely, cloud hosting and end-user bug support are the major elements of the corporate package, offered long after the service is actually delivered.
In the end, this representative in the list of custom software development companies works on the creation of the best solutions for clients and of the favorable space for employees. On the one hand, FrogSlayer is aimed at working on software engineering solutions that are centered on the customers’ needs (including the particular budget limitations) and the overall risk mitigation. On another hand, it highly values the integrity of its software development team, consciously avoiding offshoring and outsourcing that are so popular these days, along with separating the project team and limiting its creative potential. In the end, FrogSlayer can confidently title itself as a top custom software development company that delivers light, adjustable, and convenient solutions on market.
Founded: 2005 | Employees: 50–249Software Development Services:
Top clients: McDonald’s, KPMG, Sanofi, Bosch, Invesco, Sandwik, Toronto Public Health
Konverge is a Canadian leader in the software development niche with over 20 years of experience. Being a relatively small firm, this custom software development company delivers diversified and top-quality solutions on the local market. To achieve this aim, Konverge possesses numerous technological competencies, including Microsoft technologies, content management systems, and multimedia tools.
Among the precise custom software development services of Konverge, the provider offers web & mobile development, SharePoint, and business intelligence. On this matter, custom software is delivered with the tools supported by Microsoft golden partnership, while business intelligence is designed to achieve the best KPIs. Considering the service delivery, Konverge is able to concentrate on the specific element needed for the client or provide the combination of services on request. In addition, this custom software development company is proud of its Field Eagle (tablet-based mobile field inspection), MenuSano (online nutrition calculator), and Aptunity (SaaS-modeled web application for HR departments) products.
Like other top custom software development companies, Konverge is awarded multiple times by the observers — including the victory in Innovation & Excellence Awards 2019 and featuring in Global Awards 2016 and CDN Channel Elite Awards in 2016 (small-business solution, gold winner) and 2015 (mid-market solution, silver winner). And numerous satisfied clients (CSA Group, Cogeco, and SDMSHN, to name a few) support the vision of Konverge’s exemplary excellence. Therefore, the appearance of this Canadian firm in the list of top custom software development companies is justified by the level of customer satisfaction, the success on the local market, and the comprehensive range of software development services provided.
Founded: 1994 | Employees: 10–49Software Development Services:
Top clients: eBay, Walmart, Nestle, NASA JPL, T-Mobile, M&T bank
ScienceSoft, the U.S. custom software development company, specializes in IT consulting and development and meets the customer demands for almost 30 years globally. Concerning the range of industries where the corporate workers demonstrate their talents and creativity, it includes healthcare, banking sector, retail, and communications. And within the selected area of influence, ScienceSoft proudly states that its main income comes from the clients who are with the provider for more than a year.
In particular, ScienceSoft deserves its place among the best custom software development companies due to its professional skills demonstrated while crafting various types of solutions. In this context, the industry leader is accustomed to the Internet of Things, artificial intelligence, machine learning, computer vision, and big data. Besides, ScienceSoft specializes in applications; it creates them for Web, mobile, real-time, big data, and desktop. Also, the custom software development company pays significant attention to its connection models and has achieved excellence in technology consulting, development from scratch or on the basis of the set requirements, and legacy software modernization.
In the presented rating of top custom software development companies, ScienceSoft appeared because of its prominent achievements in the chosen industries. In healthcare, the provider is proud of CRM systems and business intelligence solutions. As for the retail, the loudest accomplishment is PLM platform, used by the industry leaders like Coca-Cola, Carrefour Group, and Procter & Gamble. Viber, the widely used messenger in the world, is also the result of ScienceSoft’s development team efforts. In short, it is a truly successful and inspiring company that was bound to appear in the rating of best custom software development companies.
Headquarters: USA, Finland
Founded: 1989| Employees: 250–999Software Development Services:
Top clients: Adidas, Philips, Toyota, Xerox, PayPal, KMPG
Itransition is the best custom software development company in terms of the global scale, the list of its core competencies, and the outstanding teamwork results. By maintaining the staff of 1520 engineers worldwide, the provider significantly contributes to its mission of the digitalization of their future. And 100% of customer satisfaction rate justifies the success of this ambition.
In fact, this custom software development company manages to deliver the diversified set of services and solutions. Within the list of available options, the willingness to facilitate decision-making, modernize operations, and master integration between main processes guides the work of the Itransition team. As for the solutions, the digital enterprise and digital engagement clusters satisfy the urge for data and infrastructure management, social media engagement, omnichannel commerce and many other needs. Finally, the list of technologies includes the wide set of available tools, from the basic PHP and Python languages to more sophisticated Atlassian and Salesforce platforms.
Moreover, Itransition has collected numerous acknowledgments on the way of its development, including IAOP The Global Outsourcing 100 and partnerships with Microsoft and HP. In this context, the custom software development company demonstrates its brilliant results in various industries, meaning automotive, retail & wholesale, software vendors, healthcare, media and entertainment, finance, telecommunications, and education. By taking all these achievements into account, the list of the best custom software development companies simply will not be complete without mentioning Itransition.
Headquarters: USA, UK, Belarus
Founded: 1998 | Employees: 1000+Software Development Services:
Top clients: Navistar, Oracle, HP, Clarks, Emerson
Trigent is a custom software development company that is aimed at accelerating innovation. To achieve this ambitious goal, the provider works on transforming products, effectively adopting SharePoint, automating testing and QA, and optimizing various enterprise operations. And with the developed global delivery model, Trigent manages not only to meet these objectives but also to lead the industry.
Among the particular custom software development services, Trigent is focused on cloud technology. In fact, it offers various solutions to optimize the operation of this innovation, from the installation process to fixing various maintenance issues. Furthermore, the general list of corporate technologies mostly impresses clients. In particular, Trigent can assist in product engineering, business intelligence, and mobile application development. Among the available tools for service delivery, this custom software development company uses both business and industry knowledge and chooses the necessary tool among technology slack, emerging technologies, Microsoft, Java Enterprise Edition, PHP/Open Source development, IBM iSeries, or SaaS.
As for the other competencies that diversify Trigent from numerous custom software development companies, the list of industries where it can effectively assist the clients is among the widest and most diversified ones, comparing to the key competitors. Specifically, the provider demonstrates great results in manufacturing, transportation and logistics, insurance, eCommerce, high-tech, education, healthcare, and financial services. In the end, Trigent deserves recognition among the other custom software development companies due to its proficiency in creating complex solutions that satisfy numerous clients from different industries — along with its ability to maintain consistency of the corporate brand in each of them.
Headquarters: USA, India
Founded: 1995| Employees: 1000+Software Development Services:
Top clients: Google, Motorola, Unilever, Conagra, Pedigree
Openxcell, the custom software development company of CMMI Level 3 with ValueShore outsourcing model, is enthusiastically delivering software products all over the world. With its extensive experience, friendly corporate culture, cost efficiency, and circumspect infrastructure, the provider managed to satisfy over 500 clients globally and establish the reliable reputation. And doesn’t seem to stop on this.
As for the key areas of interest (in addition to software development), the company works on mobile app development, real-time systems, bots and IOT. Moreover, Openxcell demonstrates mastery in crafting SAAS-based products, meaning Orderhive and Workhive projects. In terms of industry range, the custom software development company value itself in assisting eCommerce portals, digital marketplaces, social media, and real-time business analytics and integration. And so, the appearance of this organization among top custom software development companies is justified by the ability to craft diversified services along with high-quality products for users with different needs.
As many other best custom software development companies, Openxcell has numerous reasons to feel proud of its achievements. Among its awards, the provider won the title of Best Software Development Company in 2012, according to GESIA. In this context, it also gained ISO 9001:2008 certification to operationalize its QA and management system. Besides, Openxcell is open to partnerships with other products, software specialists, and sales and marketing companies, which significantly strengthens its positions in the competitive software development market. By taking into account all the information mentioned above, Openxcell is surely the company that deserves its place among top custom software development providers.
Headquarters: USA, India
Founded: 2008| Employees: 50–249Software Development Services:
Top clients: Bayer Healthcare, Evernote, Ford, Lionbridge, Worthworm
Kandasoft, the prominent representative of custom software development companies on the global market, for over 15 years reaches diversified clients, from Fortune 500 members to prospective startups, and delivers them complex software solutions. The carefully collected technological equipment in and an unstoppable urge to reach maximum customer satisfaction can be determined as the main factors of the corporate success.
Specifically, this best custom software development company specializes in mobile application development, software development services for startups, QA, ePublishing, healthcare solutions, and data and application security. Within this range of competences, the provider constantly improves the quality of its services in order to deliver the best result for the customer. Besides, Kandasoft is working on different technology platforms, including Java, .Net, SharePoint, PHP, SaaS, and clouds. This makes it relevant to state that the company offers diversified and up-to-date software solutions on market.
In addition, this custom software development company works with mobile apps. The list of corporate accomplishments in this sphere includes an ability to work with iOS, Android, BlackBerry and Windows 7, along with guaranteeing a smooth integration of business processes with major online platforms, meaning Facebook, Twitter, Evernote, Skype, and Dropbox. Besides, knowledge management solutions deserve the special place in corporate working culture, considering their direct impact on business performance for the potential clients. Thus, by addressing all the key criteria, Kandasoft totally deserves the title of the best custom software development company and the place in the presented list.
Founded: 1993 | Employees: 249–500Software Development Services:
Top clients: Atlassian, Cisco, Deutsche Bank, IBM, Panasonic, Coupa
SoftServe is the provider that crowns this list of best custom software development companies. Being a long-term specialist in this competitive market, this specific custom software development company aims at popularizing innovation among the businesses. And so, it established the team of dedicated workers and the set of software services with the passion to archive this aim.
Considering the main solutions SoftServe offers, its achievements in establishing innovation platforms deserve the special attention. In this dimension, the custom software development company manages to unite novelty with crowdsources ideation, market-verified concept engineering, and commercialization. As a result, its customers receive sophisticated products that address the main requirements of the competitive market. In addition, SoftServe works with raw data by turning it into intelligence information, crafts digital experiences and connections between machines, accelerates and optimizes business processes, and ensures business efficiency.
Similar to other custom software development companies, SoftServe is working in various industries; specifically, they are healthcare, financial services, retail, media, and software. On this aspect, the focus is on creating ecosystems within the whole sphere, and these efforts are praised by the customers the most. For instance, the fruitful transformation from traditional models to innovative approaches is adopted through life sciences, biotech, digital banking, insurance, customer package goods, broadcasting, and multinational lines of business. And the company surely won’t stop on these achievements. Which means that it has high chances to appear much higher in this rating the next year.
Headquarters: USA, Ukraine
Founded: 1993 | Employees: 1000+Software Development Services:
Top clients: VFX, ISI Emerging Markets Group
Generally,XB Softwaresets creativity as the top priority in all its activities. Under the motto “Turning great ideas into successful solutions,” this custom software development company assists businesses in introducing web solutions for the overall enterprise and eLearning purposes. This provider works with numerous technologies (React.js, Marionette.js, Webix, Node.js, and PHP, among others) to satisfy the clients’ needs both from frontend and backend sides.
In detail, the exact package of services and solutions XB Softwareoffers is impressive. This full-cycle custom software development companypossesses expertise in crafting enterprise application software and cross-platform frameworks, developing eLearning initiatives, employing testing at all the stages of software development, and rapid augmenting of the working environment. When it comes to concrete solutions, the organization presents fleet management systems (and establishes real-time vehicle control from scratch), enterprise resource planning systems (for integrating all the operations under a unified solution), business intelligence solutions (with a simple visualization of complex data massive), and eLearning applications (which address the education and evaluation issues). With these diversified superpowers, XB Software is at high demand on a software development market for almost a decade.
And even though the client base of XB Software custom software development companylacks loud titles, its portfolio reveals an outstanding ability to solve problems in any industry and any part of the world. Among the case studies successfully completed, the provider collected auxiliary solution for a software company in the UK, chat web application for a digital content company from the movie industry, and a custom schedule for a religious institution in California. Thus, the creative approach is a real competitive advantage of XB Software on market. Moreover, the core values of reliability, dedication, deep research, and responsiveness justify the highest quality and customer satisfaction with the company’s software development services.
Founded: 2008 | Employees: 50–249Software Development Services:
Top clients: JTI, Sport.com, Meetville, Paragon Software Group, Hubba Bubba, Mail.ru
The particular sphere of interest for VironITis mobile app development. In this area, the company delivers applications under the ideals of the highest responsibility, professionalism, efficiency, and communication. In other words, the provider cares about meeting its obligations, ensuring the deepest understanding of the project aims, dividing the resources in the wisest manner possible, and delivering instant feedback.
In its activity, VironITadopts various domains, technologies, and platforms. Among the key industries assisted, the success cases of this custom software development company include B2B sector, education, communications, hospitality, and logistics. Technically, the provider is well-equipped with the knowledge of Java, Objective-C, .Net/C#, C++/C, and HTML5 and working on iOS, Android, Windows Phone, and React.Native. With this toolkit, VironIT is able to build a mobile app within 2–4 weeks, move a business from desktop to mobile, enhance cost-effectiveness (with revolutionary React.Native apps), introduce analytics, and support the result long after the delivery.
As the main advantages of this software development company, fast delivery, the highest ranking in digital platforms, full support, and cost-effectiveness are the guarantees worth taking into consideration. And these components are presented in all the services of VironIT– including the development of blockchain, enterprise software, mobile app, web, game, VR/AR, dedicated developers and IT consulting. And the project examples reveal an exact ability to fulfill all these promises — like the success stories of building a blockchain wallet app, integrating of a pharmacy app into M-Pesa payment system, and developing VR situation tests for Belarusian Ministry of Emergency Situations.
Headquarters: USA, UK, Belarus
Founded: 2004 | Employees: 10–49Software Development Services:
Top clients: ShutterStock, ServiceMesh, ProActive, Nowvel, Just Pharma
ThinkSyspositions itself as a boutique, e-Commerce web, and mobile software development company. Moreover, it has professional experience in outsourcing its main projects with end-to-end delivery to customers. Furthermore, applying up-to-date technologies and methodologies allows ThinkSys to meet its key intention: deliver highly customized solutions to international clients. This combination left us no choice but to include this company in the list of leading custom software development providers!
Among the specific components, power, functionality, reliability, flexibility, agility, and usability are always in the core of all ThinkSys’ products. Because of this, the company guarantees an outstanding result in all the key dimensions it works in — meaning software development, web & mobile app development, support, and analytics. Besides, the strengths of this representative among software testing & software development service providersinclude an ability to work with multiple industries, the possession of an expert team aware of various tools, languages, platforms, and frameworks, and the guarantee of meeting the needs of various business sizes.
With all these achievements, ThinkSyssuccessfully completes its mission of delivering innovative and collaborative technology solutions to diversified customers. And numerous prizes and recognitions justify that this company does its job truly great — including an award of Inc.5000 & Red Herring, customers’ praising of an outstanding ability to work with multifarious languages and constantly guarantee the mix of experience, expertise and value. As a special product of the developer, Krypto QA Automation FrameWork is an illustrative case of an efficient mobile, browser tested, Krypto architected, and collaborative design for various customer needs.
Founded: 2012 | Employees: 150–249Software Development Services:
Top clients: King Saud University, Kuwait University, Medtronic, AstraZeneca, Bahrain Defense Force Royal Medical Services
Peerbits, a mobile app development company operating for seven years on the software market, takes customer trust and satisfaction as its key duties. To meet this ambition, it gathered a dedicated team of professional workers with cloud technology. Within it, the provider is able to incorporate Agile methodology, technical know-how, application maintenance, transparency, on-time delivery, and scalability into the unified package of a business solution.
In practice, the company adopts an industry-oriented approach to delivering its main services. For example, in healthcare, Peetbits works on modernizing traditional processes through digitalization. When it comes to education, the provider aims at achieving higher interactivity and eliminating the common learning boundaries. Financial initiatives mean ensuring the most enhanced level of technological development and working on data integrity. Oil and gas industry frequently call for fast-tracking solutions. In its turn, mobility in logistics addresses the need for greater visibility and advanced decision-making. Cooperation of Peetbits with retail industry results in establishing the unified customer experience. Wellness and fitness activities benefit in terms of accurate tracking in mobile apps. Finally, the transportation sector becomes more mobile with better navigation and location tracking.
Thus, it’s evident that Peetbits works on digitalizing all the traditional industries and keeps the higher aim of transforming societies — be that greater access to schools or introducing eco-friendly solutions to enterprises. Moreover, each project is crafted by taking into account the criteria of expertise, process orientation, predictability, responsibility, committed support and customer satisfaction. And actually, this awareness ensures the highest quality of the service delivered.
Headquarters: India, UAE, Colombia, Saudi Arabia
Founded: 2011 | Employees: 150–249Software Development Services:
Top clients: Afterlight, QuizUp, Warby Parker, Sunnycomb, KeyMe
Fueled is a well-known provider of software development services that dedicates significant effort in establishing product excellence, design mastery, and development expertise. With the experience in building top-ranking apps, the company gained its current reputation of a leading custom development company on market these days.
While delivering its services, Fueledstarts from conception and strategy stage. In the beginning, the company evaluates the potential of a client’s idea and offers possible adjustments. Then, the developer confidently takes in its hands the whole process of furnishing the project’s details. By creating the feature set as a written description of everything that will be put into software structure, this mobile app design and development companyestablishes a solid background for cooperation with the client. Consequently, on-time delivery and the low proximity of customer dissatisfaction have become the main guarantees of Fueled.
In practice, this custom development company works both with startups and big brands. On the one hand, newcomers receive passionate support from Fueled in terms of dedicated design, partnership, and growth acceleration. On another hand, the leading enterprises can expect from the provider a compelling product crafted for customer satisfaction. And numerous prizes received by the company — including The Webby Awards, Communication Arts, Hive Awards, OMMA Awards, and FWA — justify its success in both chosen dimensions.
Headquarters: USA, UK
Founded: 2007 | Employees: 150–249Software Development Services:
Top clients: PerfectStore AB, Bizzuka, Cengage Learning, Encyclopaedia Britannica, IMPAQ
Intetics is a representative of innovative software development companies that put enhanced skills of a corporate team in the core of their competitive advantage on the market. And with the expertise of dedicated workers, it manages to offer high-quality mobile applications, desktop software solutions, accurate testing, in-depth product analysis, and various maintenance services.
Within the service package composed by Intetics developers, the clients can get assistance in terms of predictive software engineering, technical debt reduction, offshore dedicated team, and established centers of excellence. In detail, the custom software development dimension in the form of predictive engineering allows the highest customization and the fullest service delivery. Furthermore, the platform for technical debt reduction contains 8 elements: (1) quality of data, (2) architecture and data model, (3) business logic, (4) performance, (5) security, (6) UI, usability and documentation, (7) source code quality, and (8) third-party code detection. In a nutshell, this innovation allows extensive product assessment. Empowered by the capabilities of offshore dedicated team capabilities, this evaluation is ensured by the A team of Intetics. Finally, numerous centers of excellence work on constant improvement of the services, meaning continuous research, knowledge base, trained experts, and training and ramping.
Headquarters: USA, Belarus, Ukraine, Poland
Founded: 1995 | Employees: 250–999Software Development Services:
Top clients: AYASDI, DataXu, Contraqer, RealNex, Prosper
As it’s evident from the title, Perfectial custom software development company promises its clients exceptional solutions. Under the motto, “Empower your ideas,” the provider dedicates maximum effort to crafting accurate and satisfactory software from scratch. The most successful cases of Perfectial include machine intelligence software for Silicon Valley startup, enterprise text messaging for Clickatell, and mortgage platform for Cove Financial. Given the complexity of tasks and the diversity of the involved industry, the provider totally deserves its place among top software development companies in this overview.
In detail, the capabilities of Perfectial custom software development company include numerous areas of expertise. In cloud and SaaS dimension, it enables the comfortable migration of corporate data to the know-how storage of cloud or a specific Software as a Service provider. In mobile app development, the company operates based on a full-cycle model with guaranteed transparency and involvement of the key specialists (like Business Analyst, Project Manager, and App Strategist). Applying artificial intelligence and machine learning increases effectiveness while working with marketing and client engagement, healthcare, finance, and hospitality. Supplemented by research and development, this expertise gains the dimension of enhancing knowledge and technology. Brand-new blockchain development attaches a value-added service to enterprises, while enterprise development allows streamlining all the existing business operations.
Among the specifics of software development services operation, Perfectial custom software development company utilizes the “pay as you go” model, works on time reduction, offers scalable end-to-end solutions, and establishes strategy, application development, and integration roadmap for each specific case. Besides, the provider covers various types of apps, design models, chatbots. It possesses mastery in web applications, design, UX and blockchain. On the latter aspect, blockchain development is one of the most promising areas for Perfectial, given its ability to adopt numerous programming languages (C++, NodeJs, Python, Pearl, Java, and Solidity) and deliver this type of solutions for different industries (finance, supply chain, healthcare, media, entertainment, and utilities, among others).
Founded: 2010 | Employees: 50–249Software Development Services:
Top clients: Zillow, KPMG, UBS Bank, Autoportal, ConnectHome
Yalantis is known for its ability to develop outstanding software development solutions serving various business needs. In particular, the company specializes in the presence on different platforms — including web, iOS, Android, wearables, TV, and IoT. And the magic formula that is the basis of corporate work includes Agile technologies, proven technologies, modern architectures, time-honored design principles, exhaustive code reviews, iterative testing, continuous integration, and automated testing. Elegant and sophisticated at the same time.
Going further, the complicated toolkit results in high diversity for greater customization. For example, using Agile technologies in Yalantis means making a personalized choice between Scrum, Lean, Kanban, and TDD, depending on the specifics on a project. As a result, the perfect service suite turns into an offering available for any client of this software development agency. In addition to above-mentioned iOS, Android and frontend/backend web development, UI/UX features include prototyping, branding, and UI and UX design. Project management means possessing a dedicated team that is ready to face all the challenges and complexities that are possible to arise with all the passion and willingness to learn. Finally, QA deals with verification of the results and their accordance to initial business aims.
Founded: 2008 | Employees: 50–249Software Development Services:
Top clients: Coca-Cola, Samsung, GE, Reebok, American Express
Appnovation is a software development company that specializes in delivering digital services for enterprise agility, customer experience, and increased innovativeness. To ensure the maximum level of comfort for its clients, the provider takes control over all the development stages — meaning user experience, customer experience, analytics, development, integration, Agile, support, and maintenance. As a result, Appnovation Technologies has the reputation of delivering constantly effective and scalable solutions for top businesses.
The exact solutions Appnovation have 8 key dimensions. Digital strategy package contains business needs analysis, customer experience, user experience research, and customer journey mapping. UI-UX design also includes customer journey mapping, along with analysis, research, wireframe, interactive prototyping, and user testing. The area of corporate agility and readiness has 3 strategy design modeling offerings: target operating, shared services, and center of excellence. While working with data, Appnovation Technologies possesses expertise in modeling, warehouse, migration, analysis, interpretation, and visualization. Action offerings for development, integration, and platform engineering include DevOps and eCommerce, among others. And in addition to managed services and support, Appnovation can develop both horizontal (like continuous delivery, digital transformation, and e-Commerce offerings) and vertical (or industry-specific) solutions.
Similar to other leading custom software development companies, Appnovation has collected a diversified set of technologies: web development works with Drupal, Drupal 8, Laravel, HTML5, and Salesforce Community Club, while mobile development mostly deals with the smartphone, tables, HTML5, and cross-platform approaches. At the same time, the list of its capabilities is wider than these two dimensions: enterprise integration includes MuleSoft and Middleware, enterprise content management means Alfresco elaborations, Big Data is Haddop development, Business Intelligence equals Pentaho development, and cloud deals with OpenStack. The other main areas are business process management (with Activity technology adoption), identity management (or Janrain development), ERP & CRM (Openbravo development), Agile consulting and development (with JIRA software and services), and performance testing (or BlazeMeter development and consulting).
Founded: 2007 | Employees: 250–999Software Development Services:
Top clients: Microsoft, MetLife, Sony, Leviton, Exhale
In the center of BlueFountainMedia’s vision, there is a need to combine creativity with innovation — otherwise, true development is not possible. Because of that, the key dimensions of activity of this web development company — website design, digital marketing, and website development — serve the aim of guaranteeing imagination and technology merger.
In detail, website design capabilities of BlueFountainMedia include creating software that people will adore using. To make it happen, the web development company adopts a human-centered approach, meaning specific attention to storytelling, partnership mentality, people-centered philosophy, and customer satisfaction after interacting with the service. Digital marketing continues the adoption of human-centric strategies with the aim to unite brands with people in the most sustainable way. With the idea that “Connection is two-way,” the firm assists in creating blending context and content for its customers. Finally, services for website development create a united comprehensive process that includes the choice of appropriate technologies, assigning the dedicated team, proper planning, constant communication, and overall expertise.
The concrete services of BlueFountainMedia have 6 main appearances: strategy, branding, experience, technology, marketing, and next gen. Strategy sector includes digital transformation, innovation workshops, and digital auditing. Branding deals with creating overall strategy and collateral, along with concrete measures on logos, visual identity, naming, and taglines. When it comes to experience, BlueFountainMedia offers website design, digital strategy, app design, and eCommerce. Technological excellence means technology architecture, website and app development, and partnerships. Marketing is a wide area that adopts marketing strategy, social and paid media, SEO, data analytics, BI, content marketing, digital PR, and influencer marketing. Finally, Nex Gen contains the various kinds of know-how: voice skills, chatbots, AR and VR.
Founded: 2003 | Employees: 50–249Software Development Services:
NewsIBM Launches Public Cloud Service
Extending upon the private cloud offerings launched last year, IBM is the latest major player to launch a commercial hosted service.
Like Microsoft's recently-released Azure services, the new IBM Cloud, released Tuesday, is targeted at developers and testers. However like Microsoft, Amazon and Google, IBM is clearly looking to extend its portfolio of products and services to the public cloud over time.
"You will see IBM continuing to release this set of work-based cloud computing environments," said Daniel Kloud, director of cloud computing in IBM's Rational business group.
"IBM has been talking a good cloud game for the last year or so," notes Forrester Research analyst James Staten in a blog posting. "But its public cloud efforts, outside of application hosting have been a bit of wait and see. Well, the company is clearly getting its act together in the public cloud space with today’s announcement."
While IBM does offer targeted hosted services such as Lotus Live, the company's new IBM Cloud service brings some key components of Big Blue's platform to the commercial cloud such as its WebSphere suite of application servers and its DB2 and Informix databases.
"What IBM is offering customers is not only the infrastructure to put development and test environments in place, but they also provide software images," Kloud said, in an interview.
A customer or partner is presented with a catalog of images or they can have IBM provision their own images, Kloud said. "Basically you can get your development and test teams up and running in a matter of minutes because they avoid basically acquiring the hardware and configuring the system and software," he said.
According to IBM, 50 percent of an organization's IT infrastructure is used for development and test, while 90 percent of it is idle at any given time.
"Certainly any IaaS [infrastructure as a service] can be used for test and development purposes so IBM isn’t breaking new ground here," notes Forrester's Staten. However he says IBM is launching a storing offering with support from test and development partners such as SOASTA, VMLogix, AppFirst and Trinity Software.
IBM's new commercial cloud service currently only supports hosting of Linux systems – the company did not disclose plans for offering Windows Server images other than to say it will be expanding on its stack.
The public IBM Cloud infrastructure is based on Red Hat Enterprise Virtualization (RHEV) stack based on the Kernel-Based Virtual Machine (KVM). Red Hat acquired the technology from Qumranet in 2008.
Red Hat called the choice of RHEV over virtualization technology from VMware a coup for its hypervisor stack. "It's a big milestone," said Scott Crenshaw, vice president and general manager of Red Hat's cloud business, in an interview. Crenshaw argued that the key advantage of its RHEV stack released in November is its support for multi-tenant data architectures. "It has a lot of advantages in areas like reliability, scalability and security," he said.
As part of its launch, IBM released Rational Software Delivery Services for Cloud Computing v1.0, which includes components of the company's Rational development and testing suite. IBM is not publishing pricing for its service.
Jeffrey Schwartz is editor of Redmond magazine and also covers cloud computing for Virtualization Review's Cloud Report. In addition, he writes the Channeling the Cloud column for Redmond Channel Partner. Follow him on Twitter @JeffreySchwartz.
Probably not a headline you ever thought you’d read on diginomica, but the times they are a changin’. The idea is probably not as big a pot-pipe dream as it sounds.
Canada is in the process of legalizing marijuana by July 2018, fulfilling one of the key campaign promises of Prime Minister Justin Trudeau. Ottawa is leaving it up to provincial governments to regulate its legal sale and distribution.
When the government of British Columbia asked for feedback on the best way to manage its legal marijuana market, IBM quickly proffered a regulatory filing, arguing that the province should use the distributed ledger technology called blockchain to manage its legal marijuana market.
In the filing, the Armonk, NY-based software giant said:
IBM suggests Blockchain is an ideal mechanism in which BC can transparently capture the history of cannabis through the entire supply chain, ultimately ensuring consumer safety while exerting regulatory control – from seed to sale.
Blockchain is rapidly becoming a world leading technology enabling the assured exchange of value in both digital and tangible assets, while protecting privacy and eliminating fraud. Blockchain offers a shared ledger that is updated and validated in real time with each network participant. It enables equal visibility of activities and reveals where an asset is at any point in time, who owns it and what condition it’s in.
As every schoolboy now knows, blockchains were originally conceived as a public, shared ledger that keeps track of payments in the Bitcoin network.
Bitcoin’s volatility has scared off a lot of potential mainstream adoption of blockchain as a payment network.
But companies quickly realized that the core concept of the blockchain could be repurposed for many other chains of custody applications, ranging from diamonds and tomatoes to global supply chains. Or, as in this case, the growth, distribution, sale, regulation, and taxing of your next favorite pastime substance.
Basically, a blockchain is nothing more than a distributed database that’s maintained by a peer-to-peer network of companies involved in almost any shared marketplace. Every company manages and maintains its own copy of the shared ledger.
In the case of British Columbia’s pot initiative, “each party in the business network” (growers, processors, distributors, retail locations, and regulators) would get its own ledger copy showing all transactions. The shared ledger would be accessible for anyone with the right credentials to see, allowing regulators to conduct spot audits of every marijuana transaction in the province.
Retailers could identify which farm a particular batch of marijuana came from and what safety inspections were conducted along the way. Reads the IBM pitch:
The Blockchain shared ledger is updated and validated in real time with each network participant. This enables equal visibility of activities and reveals where an asset/product is at any point in time, who owns it and what condition or state it is in. This type of transparency would bring a new level of visibility and control to the provincial regulators and provide assurance to the multitude of cautious stakeholders regarding the way the management of a cannabis supply chain is rolled out within British Columbia.
IBM’s brief proposal to the government of British Columbia identifies key benefits for each of the parties in a possible blockchain agreement:
BC Government: Blockchain can help the Provincial Government take control of sourcing, selling and pricing of products, therefore can reduce or eliminate black market sales completely.
Producers: Blockchain can assist producers with real-time inventory management, greater projections of supply and demand, and also elicit trends of consumption through data analytics.
Retailers: Although the Government of BC hasn’t confirmed what end-user distribution model will be used, they anticipate that it is likely that government itself will play a role in that process. An interconnected Blockchain network can assist retailers identify supply/demand gaps ways to mitigate those gaps, providing feedback mechanisms to producers, and use data to create predictive insights.
IBM has been promoting blockchain aggressively in recent months. In March, the company released IBM Blockchain, which it says is the first enterprise-ready blockchain service based on the Linux Foundation’s open source Hyperledger project.
IBM’s blockchain services are designed to help developers create, deploy and manage blockchain networks on the IBM Cloud and a number of clients have already done so, ranging from the startup Everledger, which bills itself as the digital vault of the future, to financial services leaders like Bank of Tokyo-Mitsubishi UFJ, Postal Savings Bank of China and Northern Trust.
A blockchain approach to supply chain management has a number of useful business advantages. Transactions can be asynchronous—individual buyers and sellers can deal directly with each other.
The Hyperledger stack has cryptographic features that can limit one vendor from spying on another vendor’s transactions. Hyperledger can also be combined with Internet-of-things technology, attaching a tracking device to products in transit and automatically generating data about their progress as they move through the supply chain.
Using its Watson IoT Platform, IBM makes it possible to use information from devices such as RFID-based locations, barcode-scan events, or device-reported data with IBM’s Blockchain. Devices will be able to communicate to blockchain-based ledgers to update or validate smart contracts.
Built to scale to thousands of users quickly, IBM says its cloud will allow production blockchain networks to be deployed in minutes, running signed, certified and tested Docker images with dashboards and analytics as well as support.
A blockchain is only as good as the security of its infrastructure and IBM has spent millions of dollars on teams of security experts, cryptographers, hardware experts, and researchers to make certain its blockchain and cloud services are tamper-resistant and free of back door vulnerabilities that allow unauthorized access.
With so much buzz about blockchain and so many projects underway at the moment, we’re about to find out whether the technology is the real thing or, in the case of BC, one toke over the line. I’m becoming a believer.
This just leaves me with two BIG questions – what would Bob Marley have said? Who gets to test the supply chain in the real world? Somehow I can’t see the Big Blue consultants out in the field, so to speak. 🙂
Image credit - public images
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