Integration is a pretty expensive part of IT organizations. Instead of spending money on dealing with your integration needs, why not use the resources on something that increases your business’s profit and makes strides for the future?
Digital enterprises are becoming increasingly popular. After all, it is the era of digital transformation, and integration through APIs have become the norm for even the smallest of businesses. In fact, many traditional businesses have upgraded to online operations.
Integration has brought customers much closer to service providers. This is one of the overlooked benefits of digital transformation; however, its effects are powerful and lasting. Nothing showcases this better than combining Salesforce and MuleSoft Anypoint Platform.
Monolithic infrastructure is coming to a close, and businesses are rethinking their architecture to be a lot more varied. As your API ecosystem grows and matures, a large number of organizations will want to co-create API-based products in conjunction with other economy members. These will include customers, partners, third-party vendors, and software developers. Organizations need to be willing to value creation in collaboration with their partners, moving forward with the customers’ needs as the priority.
As the world gets smaller and services continue to become more interconnected, the word integration gets thrown around a lot. The term is more than just a buzzword and is the cornerstone of the digital transformation we are seeing today. In the fintech sector, data and application integration are two of the most common ones that are used to keep things running.
This begs the question: which one is better?
In an era of digital transformation, data makes the world go round. Businesses rely on integration and need APIs to function smoothly. All this dependence on technology simply means that data is vital to almost every organization under the sun.
While the world has grasped the importance of data, not everyone can make use of this data to manipulate their business in the right direction. Using data to influence the major decisions in business can boost profits and take your revenue to the next level.
The world really is changing before our eyes. APIs have led the ongoing digital transformation of data, using integration to link services and connect businesses to customers all over the world. Almost every aspect in the commercial sector is now online-based and businesses are crippled without the flexibility and speed that APIs can provide. The result? Increasing sales and profit margins, and a dramatic rise in revenue and publicity.
While many IT firms are finding it difficult to come to terms with the mass effects of the digital transformation taking place everywhere, the financial sector has adapted remarkably well. This is mainly because the banking world–and by extension, the financial technology (fintech) sector– has focused on consumer connectivity through the integration of their services.
Running a business is not an easy task. Especially considering the numerous logs and cross-checks required for a particular product or business item. With the inception of digitization techniques, businesses are focusing more and more to bring and integrate technological advantages. Digitization has essentially made various business tasks a lot easier as well as brought a notable efficiency and fast pace to business models.
However, the business paradigm is not limited to one functional group or division. Several functional groups work together seamlessly to achieve business goals. As a result, the application of digitization techniques is not limited to IT departments only. Rather the techniques are implemented across multiple platforms.
Once upon a time, there was a Microsoft SQL Server named DB007 running in a data center in an enterprise organization in Toronto. DB007 was sad. It doesn’t get much attention due to the high demand in the SAAS based database solution. Everyone is excited talking about the cloud-based solution, NoSQL, data lakes, etc. However very few people considering storing data into DB007.