- By implementing systems integration, a company can acquire cheaper, pre-configured components of software.
- Integrating small components of software helps companies to achieve key business goals at a lower cost..
- High investment in IT in the last decade has created a huge demand for the system integration market.
System integration (SI) enables building computing systems for end users by combining hardware and software products from several vendors. By implementing systems integration, a company can acquire cheaper, pre-configured components of software adaptable to their specific needs.
Integrating small components of software helps companies to achieve key business goals at a lower cost. Otherwise the companies have to purchase customized, more expensive software; this may also require manufacturing of unique products or original programming. Creation of these information systems includes designing and building a new customized application or architecture. After building software components, they are integrated with the existing or new software and hardware packages and communication infrastructure. There are some system integration companies such as SAP providing more specialized and specific applications.
High investment in IT in the last decade has created a huge demand for the system integration market. As information technology developed, the adoption and implementation of information technology systems were high. This generated diverse distributed information systems all over the industries, resulting in demand for integration of the distributed systems.
High investment in distributed information technology systems is the main driver for the System Integration Market. With this there are many emerging technologies supporting the system integration market, such as “big data” and “cloud”. Cloud implementation and big data solutions implementation are the new trends in the information technology systems market. Thus companies are adopting the integration of their data with these technologies providing added advantages. Development in the automation sector is driving the system integration market, because adoption of system integration technologies is highest in the automation sector.
High implementation costs and time required for the effective implementation of system integration is restricting adoption of system integration technologies. There are few international standard protocols for communication between two or more information technology sub-systems, resulting in complexities for system integration. If an industry previously was using legacy systems then the old systems create increased complexities for system integration. For system integration, the network infrastructure must be standardized. A lack of standardized network infrastructure is resulting in deferred demand for the system integration market.
I Give You Masterclass Poker Course by Nick Petrangelo
Buy Research Report: Radiology Information Systems Market to Witness A Steep CAGR Of 8.3%
Buy Research Report: Mobile Water Treatment Systems Market Set to Grow US$ 1,952.0 Mn during 2020-2030
Buy Research Report: Electric Trolling Motors Market to Expand at a CAGR of 3.2% During 2020-2030
Buy Research Report: Global Solar Cells and Modules Market Strategic Assessment and Forecast by 2026
The system integration market is segmented on the basis of system integration service type, end-use industry and geography. On the basis of type the system integration market is broadly segmented into three major types namely infrastructure system integration services, application system integration services and business consulting services. Infrastructure system integration services are segmented into network management, data center management, building management, security and surveillance management, cloud based integration management and enterprise management.
Application system integration services are segmented into data integration, unified communication, integrated social software, application integration and others. Further, business consulting services are segmented into business process integration, business transformation and application life-cycle management.
The system integration market is segmented on the basis of end-user industry into banking, financial services and insurance (BFSI), defense, healthcare, telecommunication and IT, oil gas and energy, transportation, retail and others (pharmaceuticals, public sector, education and automotive). On the basis of geography, the system integration market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW).
Some of the major players in system integration market are Accenture Plc., BAE Systems Plc., Capgemini S.A., Computer Sciences Corporation (CSC), Fujitsu Limited, General Dynamics Corporation, Harris Corporation, IBM Corporation, Infosys Technologies, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Leidos Corporation, Tata Consultancy Service Limited, and Wipro Limited.
The global players system integration market in Asia Pacific is dominated by local players in China and India.
To get Info on Business Strategies, Challenges & Policies Request Detailed TOC