Modern business fusion is a critical accelerator for companies that want their growth to accelerate, unlocking new revenue streams and improving customer experiences. It allows organizations to leverage their existing technology, processes and people to stay ahead of the competition.
Many companies use both on-premises solutions and legacy software. These disparate technologies and their associated data do not inherently communicate, which is why businesses need to build a robust business integration strategy.
Modern integration allows these systems and apps to browse around this website communicate and exchange vital data seamlessly within and across business lines. B2B is a term that refers to the integration of business systems and applications. It can involve a wide range of protocols including AS2, SFTP HTTPs Web Services proprietary high speed file transfer methods.
Finance, healthcare, and logistical services are all examples of common use-cases. These industries require robust security, governance capabilities, and audit trails to securely connect with multiple trading partners.
A horizontal integration is also a common example, whereby two or more businesses in the exact same industry combine forces to offer a greater range of goods or services. For example a women’s fashion company could integrate with a brand that serves teens and young adult to introduce it to new market segments.
Modern integration methods allow these companies’ front-end software to be extracted and converted into a format that is compatible with the central organizational device of their partners. This data can then be sent into the target application to be processed. This can help automate, streamline, and improve a process. It can also improve business collaboration.
