System Integration Market Top Key Players Tech Mahindra, Oracle Corporation, Hitachi Ltd., Cisco, Hewlett-Packard, Fujitsu Ltd., Deloitte, Capgemini, Accenture, and CSC

The system integration market is projected to witness high growth over the forecast period, owing to the recurrent need for open and distributed architectures across the globe. However, high implementation costs may dissuade SMEs and start-ups from adopting system management solutions.

In the present industrial scenario where companies require their systems to work in meticulous synchronization, the role of system integration market is considered highly significant. In an effort to stay abreast of all the developments that have the potential to impact the company’s remuneration, most growing organizations are seeking the deployment of an integrated system that can standardize business procedures and reduce the complexity of processes. For instance, Concept3D, a prominent firm specializing in bringing mapping to the digitalized world, recently declared that it has become an OSIsoft partner, endowed with the capability of integrating & displaying operational data from OSIsoft’s PI System.

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The cumulative proliferation of the internet and its impact on numerous operations has added a renewed stimulus to system integration industry. The proliferating trend of outsourcing business processes has further led to increased focus on system integration. Advancement in technologies has prompted many businesses to adopt mobile channels to approach and reach their customers easily – a trend that would contribute toward augmenting system integration industry outlook.

Among the various segments that contribute toward system integration market growth, integrated building management system would require a special mention. Technological developments in the system integration industry have led integrated buildings to be able to maintain heating/cooling and even support energy conservation, monitor individual power supplies and initiate emergency response. According to the research conducted by the American Society of Heating, Refrigerating and Air-Conditioning Engineers, investing in an integrated building management system can improve the productivity of employees and occupants and save more than 14% in annual costs measured in lost productivity.

The rising demand for internet connectivity has led to an increased requirement of hardware and software solutions in the IT and telecom industry, consequently leading to the expansion of system integration market. The emergence of advanced technology in communication services and a paradigm shift of the customer base from wired to wireless services has massively propelled system integration industry from the IT & telecom sector. In this regard, it would be prudent to mention that China has a pivotal role to play in augmenting the regional system integration industry size from IT applications, primarily on account of the evolution of 5G networks and a rise in business consultancy services. China in fact, has even launched a five-year plan to provide internet connectivity to rural areas.

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The vendors in the system integration market include Tech Mahindra, Oracle Corporation, Hitachi Ltd., Cisco Systems, Inc., Hewlett-Packard, Fujitsu Ltd., Deloitte, Capgemini, Accenture, and CSC. The players must invest heavily in activities such as new service launches and geographical expansion of their solution offerings. Additionally, the industry is subject to constant changes in technology and regulations owing to which service providers are required to constantly evaluate and upgrade their service provisions.

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