Enterprise Application Integration Market Prediction and Analysis Offered By New Study

Enterprise application integration (EAI) aims towards consolidating, modernizing and coordinating various computer applications in an enterprise. It is the combination of processes, software and hardware resulting in a seamless integration of two or more enterprise systems allowing them to operate as one. Prior to the enterprise application integration (EAI), there was lack of concept of integration for corporate data as the IT systems were built in an unplanned manner. Enterprise application integration (EAI) integrates all the technologies and services in a business to act as a middleware that enables integration of various systems and applications across any enterprise.

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Business software such as supply chain management applications, enterprise resource planning (ERP) systems, human resource management, business intelligence systems, customer relationship management (CRM), and payroll systems cannot communicate with each other to share data. This communication gap results in inefficiencies, in areas where identical data is stored in multiple locations. Thus, enterprise application integration (EAI) links such applications within a single organization together to simplify and automate various business processes.

Growing adoption of packaged applications, multiple platforms, protocols and technologies used to carry out various businesses and the increasing usage of internet for performing various business activities are the primary reasons responsible for the growth of EAI market. The EAI market is growing rapidly with major contributions from hybrid platform deployments compared to the on-premises and hosted platform deployments.

Industry sectors such as banking, financial services, & insurance (BFSI), business services, manufacturing, healthcare and IT & Telecom are the prominent application areas of enterprise application integration (EAI). Rising demand for real time data access, increasing volume of data across enterprises and technological advancements in modern-age business dynamics are the major drivers fuelling the growth of enterprise application integration (EAI) market.

Large enterprises have already implemented these integration technologies. Additionally integration of data on mobile devices is a major opportunity for the global enterprise application integration (EAI) market. However, small and medium size companies yet need to adapt these cost effective tools for integration applications.

However, inadequate EAI knowledge in organizations, absence of authority to conceptualize and sustain EAI projects and challenges posed by hosted and cloud based integrations are some of the factors restraining the growth of this market. Increased spending on enterprise application integration (EAI) solutions worldwide has resulted in an improved Information Technology (IT) infrastructure, thus reducing the redundancies in its management. Enterprise application integration (EAI) eradicates multiplicity, heterogeneity and distinctiveness of IT infrastructure, thus offering a cost-effective and unique solution for software applications, globally. It is anticipated that the growth of enterprise application integration (EAI) market will be high in coming few years as businesses will continue to search for such open and distributed system architectures.

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Some of the major players in enterprise application integration (EAI) market include Fujitsu-General Ltd., Hewlett-Packard Company, IBM Corporation, Microsoft Corporation, Mulesoft Inc., Oracle Corporation, Red Hat, Inc., SAP SE, Tibco Software, Inc., Cape Systems Group, Inc. Envoy Technologies, Inc., Fiorano Software and Affiliates, BEA Systems, Inc.

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