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SOA Market Update for the Mid-Year 2007 |
Mumbai 23 July, 2007: Service-orientation Architecture (SOA) is an architecture that uses loosely coupled services to support the requirements of business processes and users. These concepts can be applied to business, software and other types of producer/consumer systems.
Bharat Book Bureau ( www.bharatbook.com ), a leading market information aggregator has added a new report to its collection “SOA Market Pulse: 2007 Mid-Year Market Review” ( http://www.bharatbook.com/detail.asp?id=51006). This report presents a mid year review of the SOA market in the APAC region keeping in mind the impact of global trends in the Asia Pacific’s SOA Industry.
The Asia Pacific Market is showing an upward trend in adopting web services in their enterprises, which in turn implies more ventures of SOA to penetrate. The SOA framework will economise the cost in software implementations when an enterprise expands its size and requires increase in use of complex software. The SOA industry thus has to widen the base of the SOA application through correct guidance and highlighting the benefits of SOA implementation and its application in a business enterprise.
The market for SOA products is expected to increase by 40% in the year 2007 – 08. Currently, the new software made for easy adaptability on the SOA framework. An SOA enables efficiency in business processes and easy adoption in software at later stages. With the adoption of SOA framework, an enterprise gains flexibility, re-use and consistency which give it an edge over its competitors in the market. More enterprises in Asia Pacific are showing positive signs in adapting to SOA framework as compared to those in Europe and USA especially in adapting it at a middle stage of the existing IT systems. The APAC enterprises are eager to be better equipped at a not only at a national level but at a global level too with respect to IT and services offered to the consumer.
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