The Cool Vendor status is highly recognisable and tracked by potentials acquirers, investors and large enterprise buyers.
Quant Network has been named Gartner Cool Vendor 2019 in Blockchain Technology.
Quant Network joins a list of illustrious names like Dropbox, Nest, Evernote, Cloudera, Palantir and Instagram, all of which have been named a Cool Vendor in the past ten years.
The Gartner report validates the way Quant Network is addressing a very specific interoperability need for enterprise with its unique blockchain operating system Overledger.
Cool Vendor status is bestowed upon the most disruptive and credible startups that Gartner analysts genuinely believe will change the technology landscape. The Cool Vendor status is highly recognisable and tracked by potential acquirers, investors and large enterprise buyers.
Looking at startup success rate, Cool Vendors have greater success than the average young technology firm. Gartner’s research of historic Cool Vendors shows that 15% have been acquired, including high profile acquisitions such as Instagram and Nest, while the vast majority of Cool Vendor startups continue to punch above their weight.
Quant Network CEO, Gilbert Verdian responded, “We are delighted to be selected as the Gartner Cool Vendor in Blockchain Technology 2019. Gartner’s historical analysis of Cool Vendors has proven the value of these reports in helping enterprises to filter out the hype and focus on important innovations and vendors that are shaping the industry.”