Data is your company’s most vital asset because it delivers the insight you need to compete and win in today’s economy. Data fuels innovation and allows you to respond quickly to changing business conditions. In the past, companies relied on quarterly or even annual trend analyses to inform business strategy. Today, it’s possible to respond in real time — if your IT team can rapidly ingest, harmonize and provide access to quality data.
Savvy business leaders understand the implications of the data revolution, that it has the potential to be as transformative as the advent of the internet. But data integration and management remains a challenge, particularly for companies that use ERP systems with enterprise service bus (ESB) middleware. Cutting-edge a couple of decades ago, ESB wasn’t designed to handle big data, the cloud, the Internet of Things (IoT) and newer technologies.
Reliance on ESB middleware makes it difficult for companies to handle unstructured data and accommodate the ever-increasing number of information sources that contribute data in a variety of formats. A recent study of the state of the middleware market developed by Liaison in partnership with the Aberdeen Group found that 84% of companies surveyed have 50 or more business applications to integrate. As companies struggle to keep up with the influx of new information, their data integration and management costs spiral upward as interminable development projects sap scarce IT resources.
Another reason legacy ESB middleware holds users back is because it’s incompatible with the lightweight messaging and document standards cloud apps use. Adapting systems that use older standards requires costly cloud integration work — and slows companies down. The fact is, ESBs just weren’t designed for a high-volume, high-variety and high-velocity data environment.
That’s a problem because the business environment is demanding digital transformation. IDC predicts that by next year, companies that invest in IoT-driven solutions as part of a digital transformation strategy can improve cycle times 30 percent. That’s just one example of how digital transformation can significantly improve performance. But true digital transformation requires a team with hard-to-find IT skills and business process knowledge. As digital transformation accelerates, the competition for these scarce assets will increase.
Digital transformation also requires a platform that can manage all patterns of integration and comply with industry standards for data privacy and security. As a stop-gap measure, some companies use a do-it-yourself developer approach, deploying an integration Platform-as-a-Service (iPaaS) solution to access self-service tools.
That might seem like an effective approach, but it still holds companies back, leaving them saddled with the task of integrating growing numbers of business applications and meeting data compliance requirements. And to make matters worse, there’s a chronic shortage of the tech talent that can execute those tasks, with 86 percent recruiters and hiring managers surveyed by Indeed reporting that finding qualified IT people is a challenge.
Fortunately, there’s a better way. The Liaison ALLOY™ Platform delivers unified integration and management capabilities, connecting any two application endpoints (cloud, mobile, device, on-premises systems, etc.). The platform features built-in security and compliance capabilities and provides access to clean, high-quality data on demand.
Liaison’s unique managed services approach takes the pressure off overloaded IT departments, providing expertise and freeing internal IT resources to pursue the company’s strategic objectives rather than developing connections to facilitate data integration or managing data assets. The result? Greater agility.
So, if you’re looking for a way to respond in real time to changing business conditions, work with Liaison to upgrade your ESB approach. You’ll gain access to an award-winning platform that was built for the 21st century, backed by a team of experts that you don’t have to hire and retain on your own. Find out more at www.liaision.com.