Csilla is a Senior Research Analyst for the Data, AI & Analytics Channel at 451 Research, a part of S&P Global Market Intelligence. She covers the blockchain and distributed ledger technology (DLT) market, which includes an examination of the technology, the competitive landscape and available offerings that are driving the market, real-world use cases and deployments, as well as intersections with other emerging technologies. Csilla also covers data marketplaces, a space that is currently enjoying a renaissance with fresh ideas and value propositions. Previously, Csilla was a consultant on 451 Research's advisory team, and before that she handled market intelligence and commercial exploitation in EU-funded research and innovation projects. Csilla is co-author of several forward-looking market studies prepared for the European Commission. Before joining 451 Research, Csilla worked as a business consultant for Atos' Research & Innovation unit in Barcelona, and prior to that, for ConAction, a Hungarian management consulting firm. Csilla is multilingual and holds a master's degree in economics, management and business consulting.
COVID-19 looked set to shut down the market for application software acquisitions in early 2020. Instead, the side effects of the disease spurred this corner of tech M&A to new heights. The changes accelerated both the addressable market and stock prices of many application vendors " giving them the motive and the money to go shopping.
The pandemic in 2020 saw a strong push for remote access products to enable work-from-home policies. In a space where many vendors are moving from traditional VPN to software-defined perimeters, Xage introduced its blockchain-protected distributed identity and access management offering to provide zero trust remote access to infrastructure and industrial networks.
The company did not rush the commercial launch of its enterprise blockchain platform offering, which was released in beta at the end of 2018. However, entering a market with some delay comes with both advantages and disadvantages.
The Fluree team spent years building and fine-tuning its flagship offering, which combines semantic graph database technology with blockchain capabilities and is designed to provide data integrity and facilitate a secure and efficient sharing of data across applications and organizational boundaries.
While the blockchain and distributed ledger technology space may cause some headaches for regulators, it also offers opportunities. Legal and regulatory uncertainty is one adoption challenge that organizations point to when it comes to DLT and regulators will need to up their game.
Despite the complications related to COVID-19, the market for data, AI and analytics appears to be relatively buoyant, with a sizeable proportion of enterprises actually increasing their investment in new data and analytics projects as a result of the pandemic. The effect of this is likely to be an increasing divide between those enterprises that are able to exploit the advantages of data and analytics to drive new growth, and those that fall further behind.
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