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 companies to digital integration is essential for modern business take advantage of their existing technology, people and processes to stay ahead of competitors.
Many companies use a combination between legacy systems, on-premises applications and cloud solutions. These disparate systems and their data are not able to communicate by themselves, so businesses need an effective business integration strategy.
Modern integration allows these systems and apps to communicate and exchange vital data seamlessly within and across business lines. B2B is a term that refers to the integration of business systems and applications. It can involve a wide range of protocols including AS2, SFTP HTTPs Web Services proprietary high speed file transfer methods.
Financial services, healthcare and logistics are all common use cases. These industries need to securely connect multiple trading parties with robust security, governance and audit trail capabilities.
A horizontal integration is also a common example, whereby two or more businesses in 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 allow these companies to extract data from their front end applications and convert it in a format compatible with the central organization device of their business partners. This can then be sent to the target application for processing. This can be used to automate a process and streamline it, improve business collaboration, reduce the chance of human error and delays and ensure rapid growth for a business.