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SOA infrastructure markets with an infrastructure offering that can be used to achieve integration in a heterogeneous IT environment and solid services support, says the study, to permit large enterprises to change their business model.
According to the report, “with decoupled software solutions, Web services and SOA components can be portable. At $3.3 billion in 2008, SOA markets are anticipated to grow at an average rate of 17.1 percent per year to $10.3 billion by 2015. This growth is a result of IT department efforts to reduce spending on run time and to spend a higher proportion of their budgets on growing the business.”
Report Buyer is a UK-based independent online store supplying business information with over 90,000 business information products, including market reports, studies, books and events. This newest report is a six year forecast of the SOA infrastructure industry.
“SOA vendors are finding new ways to support innovation providing software that supports flexible response to changing market conditions,” says the report. “SOA reaches into every industry and every segment of the economy and represents a fundamental change in the way automated process is delivered to replace manual process.”
SOA represents a way to decrease IT costs by up to 90 percent by each of these individual systems and applications having their own way of storing and exchanging business data. Business processes span multiple applications and integrating them to facilitate flow of information using SOA which has created challenges for IT, says the report.
The change in IT is in fact due largely to service enabling offerings, and enterprise competitive advantage is gained from having IT flexibility. Software infrastructure companies have service enabled their offerings in response to demand for the flexibility needed to operate a global enterprise. In turn, states the report, “this service enabling represents a promise that the software vendor has the ability to build solutions that can be modified and updated in response to changing market conditions.”
During mergers and acquisitions, SOA stacks of decoupled services that are purposely built for an enterprise environment is the reason that they are continuously shifting.
Jessica Kostek is a channel editor for TMCnet, covering VoIP, CRM, call center and wireless technologies. To read more of Jessica’s articles, please visit her columnist page.Edited by
Jessica Kostek