Jorg Junghanns, Vice President Europe, Digital Supply Chain of Capgemini, discusses the importance of establishing a strategic blockchain approach while ensuring customer-centricity in the supply chain space.
With technological innovation accelerating on a rapid scale, an increasing number of companies are beginning to introduce blockchain into their operations in a bid to counteract cyberattacks.
Blockchain is a relatively new technology. Having only existed for just over a decade, it has become a popular component of how companies keep their data encrypted and secure. At its core, blockchain is a chain of blocks, however, instead of a physical chain, there’s digital information (the block) stored in a public database (the chain). Jorg Junghanns, Vice President Europe, Digital Supply Chain of Capgemini, believes it’s important to first establish a clear blockchain strategy instead of implementing it with no direction. “There are several key questions to ask when setting up a blockchain approach,” affirms Junghanns. “What do you want to use it for? Is it the right thing? In what ways are you using blockchain? From there, you can critically assess if blockchain is the right choice.” Having spent 17 years at Accenture, Junghanns has the experience and pedigree to lead Capgemeni’s blockchain strategy. “Both companies operate a similar business model so it wasn’t a major difference,” he states. “At Accenture, I gained lots of experience in management consulting and it really laid the groundwork for me to succeed in my current role with Capgemini.”
As a research and advisory company that prides itself on delivering the best service to customers, Capgemini is recognised as a leader in consulting, technology services and digital transformation. With a customer-centric mindset, Capgemini is continuously seeking how to better serve its customers through innovation amidst the ever-changing technological world. As a result, Junghanns points to the…