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Modern Business Integration – Accelerate Growth and Unlock New Revenue Streams

Modern business integration can be a powerful accelerator for modern organizations who want to increase their growth, unlock revenue streams and improve their customer experience. It allows companies to use their existing technology and processes, as well as their people, to stay ahead.

Many companies use both on-premises solutions and legacy software. These disparate technologies and their associated data do not inherently communicate, which is why businesses need to build a robust business integration strategy.

Modern integration makes it easier for these business relationships to flourish in the digital world. This allows systems and applications within and outside of lines of business to seamlessly exchange vital information. This is known as B2B (business-to-business) integration and involves a number advanced protocols, including AS2, SFTP HTTPs Web Services, proprietary high-speed file transfers, and Web Services.

Financial services, healthcare and logistics are all common use cases. These industries all need to securely connect multiple trading partners with robust security, governance, and audit trail capabilities.

A horizontal integration is also a common example, whereby two or more businesses in the exact same industry combine forces to offer a greater range of goods or services. A women’s clothing brand might integrate with a young adult and teen fashion brand to reach new markets.

Modern integration methods allow these companies’ front-end software to be extracted and converted into a format that is compatible with the central organizational device of their partners. This can then be sent to the target application for processing. This can automate and streamline processes, improve collaboration, and reduce the benefits of digitalization likelihood of human errors and delays.

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