Professional services firms are intrigued by Blockchain but many don’t really have an understanding of what it is and the way in which it might impact their existing service-based models. Now, I am no expert on the topic, but from what I have seen and my experience of building process automation tools for professionals, I personally think it will have a huge impact on many of the businesses that professional services firms work with. In this article I would like to share some thoughts and it would be great to get a conversation going on this area. I would like to invite those working in this space to reach out and contribute thought pieces to Alternative Insights, illustrating their work on this area.

At the recent tech and innovation for professional services leaders summit we asked a live poll question on which technologies people felt would have a real impact in future years. On the impact of future technologies question these were the average scores on impact out of 5, with 5 being the highest possible impact, in order;

  • Data analytics: 4.8
  • Automation: 4.5
  • Process efficiency: 4.5
  • Artificial Intelligence: 4.2
  • Contract lifecycle: 3.4
  • Blockchain &

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