Modern business integration has become a key accelerator for organizations that are looking to improve customer experience, accelerate growth and unlock new revenue streams. It allows companies take advantage of their current technology, people and process to stay on top of competitors.
Many companies combine legacy systems with on-premises and cloud software solutions. These disparate systems and their data are not able to communicate by themselves, so businesses need an effective business integration strategy.
Modern integration makes it easier for these business relationships to flourish in the digital world. This allows systems and applications within and outside of lines of business to seamlessly exchange vital information. This is sometimes referred to B2B integration, and can involve a variety of advanced protocols – from AS2, SFTP and HTTPs to Web Services and proprietary high-speed files transfer methods.
Common use cases include financial services, healthcare, and logistics. These industries all require robust security capabilities to connect multiple trading partners securely, with audit trail, governance, and robust security.
A horizontal integration is also a common example, whereby two or more businesses in modern business integration the exact same industry combine forces to offer a greater range of goods or services. For example a women’s fashion company could integrate with a brand that serves teens and young adult to introduce it to new market segments.
Modern integration strategies enable companies to extract the correct data from front-end applications, and convert it into an appropriate format for their central organization device. This data can be sent to the application of choice for processing.…