Market Trends of Remote Integration Solutions Industry
Large enterprise segment is expected to hold major share of the market
- Integration is the process of enabling communication between disparate software components. Integration has been a burning issue for large enterprises in the last twenty years since 70% of the deployment and development budget is spent on integrating complicated and heterogeneous back-end and front-end IT systems. Integrating existing applications is needed to support newer, faster, more accurate business processes and provide meaningful, consistent management information.
- Historically, integration started with point-to-point approaches, evolving into simpler hub-and-spoke topologies. These topologies were connected with custom remote process calls, message-oriented middleware (MOM), and distributed object technologies, continued with enterprise application integration (EAI), and used an application server as an immediate vehicle for integration.
- The present phase of the development is service-oriented architecture (SOA) integrated with an industry service bus (ESB). As mentioned, the technical elements of comparing the technologies are analyzed and presented. The result of the study is the guided integration strategy for large enterprises.
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North America to hold the Significant share
- As enterprises upgrade their IT infrastructure to gain more suitable operational efficiency and a competitive advantage in the market, the region has an effective remote integration solution during the forecast period. Furthermore, factors such as the rising need for cloud computing, which plays a vital role in the easy adoption and integration of multiple IT infrastructures and service platforms, immensely contribute to the growth of the enterprise application services market in the region.
- Also, a growing adoption of customer relationship management (CRM) via the cloud has become significant among organizations that mostly prefer the hybrid model, a combination of the on-premises and public cloud models, to meet their enterprise needs. Hence, such aspects are anticipated to drive the region's growth of remote integration solutions.
- In July 2023, Vislink Technologies, Inc., a global technology leader in the delivery, capture, and management of high-quality, live video and associated data in the media and entertainment, defense markets, and law enforcement, announced the availability of its LinkMatrix remote control management platform on Amazon Web Services (AWS). LinkMatrix allows for comprehensive management of its live broadcast devices. The integration with AWS delivers users improved control, speed, and flexibility, elevating production workflows and facilitating innovation in live broadcasts and performance in the field.
- Remote integrated services have been widely adopted in North America across various industries, including manufacturing, IT, and healthcare. The North American market led to the adoption of cutting-edge technical innovations, such as blending mobile, cloud, and artificial intelligence (AI) technologies into a traditional integrated service. The unusually high Internet penetration in North American nations is one of the leading causes. There, it is anticipated that company usage of services will increase even further. It is important to remember that service providers who focus on client involvement should expect to benefit more from the recurring revenue model.
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