Integration is the driving force for organizations nowadays as it works as a critical catalyst for growth. Let's face it; we live in a digitally operated world where all the tasks are controlled by software. Software integration solutions that will seamlessly integrate with the existing systems are needed to maintain a prosperous business.
The global system integration market is expected to grow from its current value of $320.44 billion to the estimated worth of $601.95 billion by 2026.
The figures clearly demonstrate the importance integration has to offer to the IT industry!
Integration plays an essential role in the modern IT landscape.
Integration becomes a crucial enabler for innovation in this modern world. Today more than ever, companies require efficient software integration solutions to transform engagement models and optimize their performances.
Your organization needs integration to escalate the overall productivity. Organizations that are pursuing digital transformation must embrace integration so that they can quickly get benefitted from the decentralized, multi-cloud, and microservices. Many organizations also need integration in order to offer outstanding customer experiences.
In a nutshell, Integrating the systems in the modern IT world simply empowers your organization to reliably and securely connect different technologies, business processes, and cloud applications in a quick configurable way that helps them to grow in today's digitally growing world.
Importance of integration in the IT industry
- Improved and better data accessibility
With the help of system integration services, data accessibility has become easier for various people at different levels in the organization. Such improved technologies lead to better decision-making and accelerate business growth.
- It acts as a one-stop service
Having all the valuable data stored in one place makes it easy for the employees to access all the relevant information from one place. It is easier to manage when you are able to view every aspect of your organization from one system.
Read More: The Role of Integration in the IT Industry
Modern-day enterprises have a surplus of applications operating simultaneously, which leads to complexities that are difficult to manage.
Therefore, arises a dire need to highlight the scattered aspects of enterprise integration which has helped countless organizations simplify and automate their business processes.
This process comprises supporting multiple protocols such as HTTPS SFTP, AS2, and numerous data formats, including XML, EDI, & flat files.
Legacy technologies hinder your company’s growth Your legacy environment may still be working, and you could debate that it has been reliable for many years.
Still, legacy technologies can no longer deliver the agility and speed that businesses require today.
An “outside-in” strategy may do you some good Additional grounds to choose integration services is that the IT departments are no longer conducive to business which is why contemporary businesses call for a different approach, creating and supporting end-to-end business flows.
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16-july-19 The global system integration market size is expected to reach USD 582.5 billion by 2025, at a CAGR of 11.7% over the forecast period according to a study conducted by Grand View Research, Inc.
Rising inclination towards cloud computing, demand for virtualization, and concerns over usage of automation and unified approach in business processes are some factors expected to positively impact the growth.Growth of cloud computing technology coupled with increased government initiatives to encourage prominent vendors to introduce technological advancements and promote the adoption of cloud technology, is also expected to drive the market.
Such initiatives are expected to boost growth of the market in UAE.Read the in depth blog @ https://www.radiantinsights.com/research/system-integration-marketThe benefits of cloud integration include utility style costing, absence of single point of failure, scalability, location independence, and lack of investments in hardware promotes the acceptance and implementation of cloud integration solutions and services.
Growing requirement for eliminating multiplicity, heterogeneity, and evolving distinctiveness of important applications and infrastructures is also anticipated to power the system integration market over the forecast period.
However, high implementation costs and lack of standardize framework are some of the challenges affecting the market growth.Further key findings from the study suggest:• IT and telecommunications accounted for over 15.0% of total market share in 2018 owing to increased penetration of 4G services and growing development of 5G infrastructure that has data-intensive networks and may lead to the high generation of data.
Furthermore, growing number of telecom subscribers using smartphones and other handheld devices worldwide is anticipated to positively influence the segment growth, in turn propelling the market growth• Rapid industrialization in various end-use industries and significant presence of SMEs, primarily in South East Asia, is expected to fuel the system integration market in Asia Pacific.
