Modern business integration is an essential accelerator for organizations today that want to accelerate their growth, unlock new revenue streams, and improve the customer experience. It allows companies to take advantage of their existing technology, people and processes to great site stay ahead of competitors.
Many companies have traditionally used a combination of on-premises software and legacy systems, as well as cloud-based solutions. These disparate systems and their data are not able to communicate by themselves, so businesses need an effective business integration strategy.
In the digital era, modern integration allows systems and software to communicate and seamlessly share vital data between and within lines of businesses. This is known as B2B (business-to-business) integration and involves a number advanced protocols, including AS2, SFTP HTTPs Web Services, proprietary high-speed file transfers, and Web Services.
Financial services and healthcare are examples of common use cases. These industries need to securely connect multiple trading parties with robust security, governance and audit trail capabilities.
Another common use case is horizontal integration, where two or more companies in the same industry combine to offer a wider range of products or services. For example, a clothing company for women might integrate into a fashion brand that serves teens or young adults to introduce the company to new markets.
Modern integration techniques enable these companies extract the right data and convert it to a form compatible with their partner’s central organisation device. This data can then be sent into the target application to be processed. This can help automate processes, improve business communication, and decrease the risk of human errors or delays.