Global Services Oriented Architecture (SOA) market is expected to reach $16.4 billion by 2020, from $5.7
billion in 2013,
according to a new market research report. This growth is driven
by the smart phone and social media in addition to cloud computing market
penetration.
This growth is also the result of IT department’s efforts
to reduce spending on run time, gaining the effect of more hires by decreasing
operating costs. SOA delivers more efficient automated process. SOA enables IT
to spend a higher proportion of the budgets on growing the business. SOA stacks
of decoupled services are purpose built for the enterprise environment that is
continuously shifting because of mergers and acquisitions. With decoupled
software solutions, the web services and the SOA components can be portable.
To inquire about this report please visit: Services OrientedArchitecture (SOA): Market Shares, Strategies, and Forecasts, Worldwide, 2014to 2020
Service Oriented Architecture (SOA) is the foundation for
modern transactional systems. As the Internet extends transaction systems to
real time, SOA has been invented to extend the transaction systems appropriately.
SOA supports the evolution of Internet based real time e-business and
end-to-end business process integration.
IBM is the leader in SOA overall. IBM is the leader
because it has invested in integration and analytics technology needed to achieve
comprehensive IT systems implementation that achieves support for collaborative
systems. The implementation of SOA depends on a broad set of technology
frameworks that interact seamlessly to achieve the end point integration needed
to manage complexity of modern IT systems. IBM stands alone in the IT industry
with that capability of managing complexity.
Cloud and mobile computing redefine SOA, providing ways
for companies to implement analytics and mine social media data to create
information that is usable for decision making. These initiatives depend on a
solid integration foundation, permitting IBM to increase its already large
market SOA share because IBM has such comprehensive SOA platforms that hide
complexity from users, supporting efficient systems implementation.
SOA, mobile development, big data, API, cloud computing,
framework architecture, enterprise architecture, mobile, and infrastructure
tools are used to implement business-user-friendly data integration. Coupled
with embedded storage and computing layers (typically in-memory/columnar) and
unfettered drilling - accelerates the trend toward decentralization and user
empowerment of BI and analytics, and greatly enables organizations' ability to
perform diagnostic analytics.
Unstructured data accounts for 90% of the data in
organizations. Unstructured data generated by machines or as part of social
media drive the need for SOA. Smart phones create information on a massive
scale, driving needs to manage records of transaction activity, system behavior,
application performance, user actions, security threats and fraudulent
activity. SOA is used to handle the complexity or scale of massive volumes of
unstructured machine data. SOA allows implementation of systems flexibility, it
implements real time computing.
SOA supports providing a platform for use by IT in a
market marked by big data that sits on widely dispersed resources that are
heterogeneous. IT resources are heterogeneous because each business seeks to
utilize technology that is best of breed for solving the particular set of
competitive situations they address. This creates a variety of solutions in
each business.
Spanning over 679 pages and 250 tables & figures, “Services
Oriented Architecture (SOA): Market Shares, Strategies, and Forecasts,
Worldwide, 2014 to 2020” report presents
an in-depth assessment of the global Services Oriented Architecture (SOA)
market from 2014 till 2020.
In addition to covering the business models, market
dynamics, product description, technology and key players, the report also
presents comprehensive forecasts for the market from 2014 till 2019. The report
covers 24 key industry players including IBM, Oracle, Tibco, Fujitsu,
Microsoft, SAP, Software AG, 360logica Software, Actuate, CA Technologies, Crosscheck
Networks, Fiorano, Hewlett Packard, Informatica, iWay Software, Layer 7,
Managed Methods, Nastel Technologies, Oracle, Perficient, Rally Software, Red
Hat, SOA Software and WSO2.
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The world
is moving beyond standalone devices into a new era in which everything is
connected. The Internet of Things (IoT) refers to uniquely identifiable objects
(things) and their virtual representations in an Internet-like structure.
Stated differently, the concept involves the notion that there are many things
(assets, objects, etc.) in the world that may be addressed/labelled/catalogued
for various purposes. One term used for this concept is “Object Hyperlink”,
which refers to the notion of extending the Internet to objects and locations
in the real world. In other words, the Internet is associated with (or mapped
to) the real world by attaching object tags with URLs as meta-objects to
tangible objects or locations.
In
all cases, there is a need for communication, which may occur over great
distances or within close proximity to the item. Examples include everything
from telemetry applications such as monitoring remote electric utility
infrastructure via wireless connections via machine-to-machine (M2M) connections
to proximity applications such as reader-tag interactions that occur via Radio
Frequency Identification (RFID) solutions involving Near Field Communications
(NFC) or other methods.
Leading
companies in IoT are the pioneers in establishing the vision, infrastructure,
technologies, and solutions for the networks, applications, and solutions that
will power the future of non-human communications.
As
part of its series of reports focused on Internet of Things (IoT) Leaders, this
report evaluates: Qualcomm, Cisco, Intel and Oracle
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know more about these reports please visit:
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