Modern Business Integration – Accelerate Growth and Unlock New Revenue Streams

- 2 de maio de 2023

www.businessintergation.com/2021/07/12/generated-post

Modern business integration can be a powerful accelerator for modern organizations who want to increase their growth, unlock revenue streams and improve their customer experience. It allows businesses to take advantage of existing technology, people, and processes to stay in front of their competitors.

Traditionally, many companies have a combination of legacy systems and on-premises software applications as well as cloud solutions. These disparate technologies, and the data they contain, do not communicate inherently. This is why businesses must develop a robust strategy for business integration.

Modern integration allows these systems and apps to communicate and exchange vital data seamlessly within and across business lines. This is often referred to as B2B integration and can involve a number of advanced protocols – from AS2, SFTP, HTTPs, Web Services, and proprietary high-speed file transfer methods.

Finance, healthcare, and logistical services are all examples of common use-cases. These industries all require robust security capabilities to connect multiple trading partners securely, with audit trail, governance, and robust security.

Horizontal integration is another common use case, where two or three companies in the same field combine to offer an expanded range of products and 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 methods allow these companies’ front-end software to be extracted and converted into a format that is compatible with the central organizational device of their partners. This data can then be sent into the target application to be processed. This can automate and streamline processes, improve collaboration, and reduce the likelihood of human errors and delays.

Written by wadminw