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Home > Computers and Information Technology > Software > Enterprise Applications
Enterprise Service Bus (ESB) Market Opportunities, Strategies, and Forecasts, 2007 to 2013
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ESB market driving forces relate to the need for automation of process. Information exchange depends on access to every different type of enterprise resource planning (ERP) system and network connectivity. Supply chains are automated using BPM technology based on integration infrastructure. Electronic commerce needs application servers and integration infrastructure to function.
New customer service systems need ESB in order to be implemented efficiently. Long running processes can be supported in a number of ways, but BPM is most efficient. Indirect factors relate to the migration of existing products from separate market segments. File transfer, CTI, applications development, and workflow illustrate the alternate ways to implement long running processes.
Enterprise application integration is occurring in the context of corporate adoption of best-of-breed ESB strategies. Mergers, acquisitions, and reorganizations are increasing. The driving force is the need to leverage economies of scale brought by the Internet. A desire to develop closer links with customers, suppliers, and partners is also evolving. These events all drive demand for ESB.
ESB helps corporations integrate their existing data and applications into new business systems. ESB is an integration technology that supports Web services. ESB software components allow customers to more quickly react to changing market conditions by using process models to design and build more flexible applications. ESB software projects routinely range from $100,000 to $2.5 million. IBM has implemented 1,800 ESB projects, many of them trial installations.
Enterprise service bus is at the core of implementing business process management. Business process management promises to take the islands of knowledge, data and business rules that represent the core of enterprise activities and unite them into a business system that is accessible to ordinary business people. Business automation allows companies to rapidly automate and analyze business processes that flow across multiple applications.
Enterprise service bus (ESB) markets at $190.5 million in 2006 are expected to reach $494.4 million by 2013. Market growth comes because ESB enables the flexible IT architecture that is needed to respond to market shifts brought by speeded product cycles and competitive challenges.
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