Modern Business Integration – Accelerate Growth and Unlock New Revenue Streams

Modern business integration is a crucial accelerator for contemporary organizations that want to accelerate growth, unlock new revenue streams and improve customer experiences. It allows organizations to leverage their existing technology, processes and people to stay ahead of the competition.

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.

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 often referred as B2B Integration and can involve a range of advanced protocols – AS2, SFTP HTTPs, Web Services and proprietary fast file transfer methods.

Financial services, healthcare, logistics, and other industries are 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, women’s apparel companies might integrate with fashion brands that cater to teens and young adults in order to introduce them into new market segments.

Modern integration techniques enable these companies extract the right data and convert it to a form compatible with their partner’s central organisation device. The data can then go to the target app for processing. This can help automate, streamline, and improve a process. It can also improve business collaboration.

www.businessintergation.com/2021/07/14/generated-post-2/

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