Eight Benefits of Enterprise Applications Integration For Your Business
Enterprise application integration has become an exceptionally significant concern in this hyper-competitive world. The comprehensive approaches and ideologies around this idea prove that enterprise application integration is extremely important.
Nowadays, Enterprises are driving at a constant pace, with technology having a fundamental impact. Be it any modern-day technologies — Big data, IoT, or Cloud Computing. Customers can easily get control of their corresponding data from anywhere and anytime.
Many applications are required to manage things when someone starts a new business, such as CRM, SCM, Workforce Management, EAM, ERP, etc., and more.
But, when a small business becomes an enterprise, it isn’t easy to manage all these applications smoothly as they are not interlinked. Because of this, many problems occur in the business, like data duplication, data security, and transparency between different departments. Keeping all departments in sync and streamlined at an enterprise level is important.
According to the MarketWatch report, the global enterprise application integration market size is expected to grow at a CAGR of 16.32% during the forecast period 2021–2024.
Enterprise application plays a significant role in understanding and sufficing the needs of your employees, customers, partners, clients, and other stakeholders to improve business performance. In this article, you will get detailed insights into how enterprise applications integration improves your business performance and its benefits. But before jumping through the benefits, let’s understand what Enterprise Application integration (EAI) is and how it is helpful?
What is Enterprise Application Integration (EAI)?
Enterprise Application Integration (EAI) is a collective term for mechanisms and processes that enable organizations to integrate various software applications, such as Salesforce, Oracle Siebel, Jive, ERP, Treasury Management, SCM, Payroll system, Human Resource Management, and many more. EAI provides the means to transmit data from one application to another or from one organization to another.
Various organizations can use this capability, such as manufacturers, retail chains, healthcare providers, governmental bodies, and schools. EAI technology is often used because it enables organizations to reduce costs and minimize risks while transferring data internally and externally.
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What are the Benefits of Enterprise Application Integration?
I assume that you have a clear understanding of what EAI is. Now, let’s deep dive into the benefits to know how EAI can help your business to grow, retain and attract more customers.
1. Information Sharing becomes Easier than Before
The purpose of EAI is to centralize all data related to services and information. Businesses can get several benefits by keeping all information in a single location. Employees can access all related files, systems, services, and more at a single location without wasting time searching in multi-locations.
In addition, reviewing data in real-time will be much easier than before. Now, you don’t have to wait for the information generated by various departments and segments. By accessing the information from a single repository, it is easy to make a more informed and accurate decision that helps businesses to grow faster.
2. Improved and Simplified IT Processes
The most important thing in any organization is how simple and accessible their IT processes are. Providing simplified technologies to the customer is a great opportunity for any enterprise to build trust, eventually resulting in more customers. It is quite difficult to manage IT infrastructure in…
Originally published at https://www.anblicks.com on December 15, 2021.