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 www.businessintergation.com/2021/12/29/generated-post-4 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.

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 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.

Financial services, healthcare and logistics are all common use cases. These industries all require robust security capabilities to connect multiple trading partners securely, with audit trail, governance, and robust security.

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. A women’s clothing brand might integrate with a young adult and teen fashion brand to reach new markets.

Modern integration strategies enable these companies to extract the right data from their front-end applications and convert it into a form that is compatible with their business partner’s central organization device. This data can be sent to the application of choice 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.