Mangrovia amongst selected Blockchain Specialist Consultancies in Gartner annual report
The systems integrator and software house is the only Italian company listed in the Blockchain Specialist Consultancies category
Milan, 18th September 2019 – Italian software house Mangrovia Blockchain Solutions can now count itself amongst the globally recognised technology experts on blockchain, according to Gartner’s latest Market Guide for Blockchain and Consulting and Proof-of-Concept development services. An annual document released by the research firm, the report seeks to guide sourcing, procurement and vendor management leaders in identifying and selecting suitable partners for their blockchain projects.
Headquartered in Milan with local entrepreneur Angelomario Moratti as its principal investor, Mangrovia is classified as a Blockchain Specialist Consultancy, among the likes of other international companies such as ConsenSys, the American firm renowned for their development on Ethereum.
The category “Blockchain Specialist Consultancies” lists 9 software providers worldwide, 5 of which have their headquarters in Europe. Other categories include “Business Consulting Firms” and “Technology Service Providers”, defined by their main portfolio of services (such as strategy and consulting) and technology offering (such as IT firms who have traditionally provided other services). All three categories combined, the number of blockchain software providers listed in the report tally to a selection of 30 companies.
“With the market for blockchain consultancy growing rapidly, there is high demand for technical staff with demonstrable blockchain skills,” explains the report, remarking on the market’s necessity for specialist consultancies who “offer deep technical development capability and experience of blockchain, and often having delivered proportionately more solutions to production than other groups of provider.” The report was published together with a toolkit that mentions other blockchain providers, detailing the total known to Gartner to be 117 blockchain software providers worldwide.
Despite noting that the low barriers to entry result in entrants of all sorts to the market, the report affirms that “as the technology matures and the market value from blockchain grows rapidly from 2025 onward, consultancies will be in increasing demand for their specialist knowledge.”
“We are pleased to have made the cut and be classified with our blockchain peers from other countries,” comments Daniele Morisco, Managing Director of Mangrovia. “The blockchain market is a tough one, where the landscape is constantly evolving and players need to be structured such that they are agile and adapt quickly to their customers’ changing needs. But we are proud of the progress that we are making and are extremely excited to represent Italy on a global scale in the emerging technologies scene.”
Mangrovia’s current projects cover distinct industries ranging from Energy to Supply Chain. Each market division has its own brand: Prosume is a blockchain platform that aims to trace energy data flows and automate secure, verifiable transactions, while Brandzledger is a blockchain-based offering of cloud services tailor-made for supply chain processes. The company is also placing its bets on the Gaming scene, with upcoming videogame Cyberdeck slated for launch before the year is out.
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ABOUT MANGROVIA BLOCKCHAIN SOLUTIONS
Mangrovia is a software technology firm providing consulting, development and support services for blockchain solutions. Services include data management, smart contract development and machine learning. The company’s unique ability is in integrating blockchain technology with existing client systems, basing offered solutions off customers’ needs and developing modular software components pertinent to their existing applications. Apart from being IBM and Oracle business partners, Mangrovia is part of both INATBA (International Association for Trusted Blockchain Applications) and ETSI (European Telecommunications Standards Institute).