The full discussion from our "Overcoming the Blockers to Modern and Affordable Service Integration" series. In this webinar, Juha Berghäll, CEO of ONEiO, participates in discussions surrounding the findings of the Integration 2020 survey results. Integration 2020 asked participants a variety of questions to determine the challenges, costs and frustrations felt by businesses when managing their software integration solutions.
What did the Integration 2020 survey set out to learn?
1. The challenges facing integration professionals
2. The overall market maturity around Next Generation Integration
3. The ultimate goals businesses are placing on integration
4. What’s stopping the market-place from progressing faster?
5. The financial reality of current integration solutions
The Full Discussion Topics Include:
Part 1: The Challenges
- We will focus on the cost of consultants and implementation and the time it takes to build new integrations.
- Discussion surrounding the results of the question "What slows down building new integrations?"
- 55% - Responded "The time it takes to build new integrations"
- 54% - Responded "The cost of consulting and implementation"
- 49% - Responded "Cost of tools and products"
Part 2: Integration Market Maturity
- We will focus on the awareness most businesses have of modern and emerging integration approaches and the struggles surrounding the associated time and cost businesses face when connecting their services.
- Discussion surrounding the responses to the survey question "When asked how a businesses would describe their current adoption of Next generation integration, respondents said
- 8% - Full adopted
- 29% - Just getting started
- 22% - Partly adopted
- 13% - Nothing at all
Part 3: Ultimate Business Goals
- “Accelerated and improved levels of collaboration”
- “Greater customer service and experience”
- Results to the question "when asked what are the main business objectives of service integration," respondents said:
- 71% - Greater levels of collaboration
- 63% - Provide higher-levels of customer services
- 57.6% - Faster approach to change
Part 4: What's Slowing Progress?
- “Incumbent software providers occupy too much of the market”
- “Old ways of building integrations don’t align with new ways of ways of working”
- Results: When asked what were the biggest blockers to moving forward with integration, respondents said:
- 54.8% - The time it takes to build new integrations
- 53.8% - Cost of consulting and implementation
Part 5: The Price of Integrating
- "Most businesses are paying 50k+ a year of integration software”
- “Upfront costs and consulting consume too much of the overall cost”
- Results: When asked what businesses are spending every year on Integration Software:
- 25% - €10,000 - €50,000
- 23% - €1000 - €10,000
- 19% - < €1000
- 19% - €100,000
- 13% - €50,000 - €100,000
All webinar registrants will receive a copy of the Integration 2020 Report.