The Insider's Guide to Next-Generation BPM
By Ulf Persson, Director, Product and Solutions Marketing, Axway , 06/11/2009
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As companies look for ways to improve their efficiency and reduce operational costs, smart companies know to search beyond the four walls of their organizations. They want new ways to automate, simplify, standardize and streamline processes inside and outside the organization, preferably re-using their IT assets. Typical communications between companies -- such as fax, email and simple file transfers -- are being replaced with more automated business processes. Multi-enterprise technology has allowed for the integration of organizations, such as between retailers and wholesalers, banks and corporations or manufacturers and logistics companies.
In essence, companies worldwide can be linked together electronically to share data and automate business processes. This business-to-business (B2B) integration is becoming more and more important to the overall strategy of the infrastructure of organizations, as part of efficiency, consolidation and cost-cutting directives. Surprisingly, it doesn't necessarily require huge investments in IT to initiate.
So what does this mean to your business? How can you use B2B integration solutions together with your existing applications?
IT research and advisory leader Gartner, Inc. states, "We estimate that worldwide spending on B2B integration infrastructure software or services was approximately $2.75 billion in 2008." Gartner predicts that, "From 2008 to 2013, multi-enterprise B2B traffic will at least triple."
B2B integration software and solutions are designed to manage information flow with trading partners, bringing visibility into transactions and increasing information accuracy and reliability in the process. For critical files, information and processes -- both in transit and mid-process -- visibility not only means that you can see or locate data, but also measure and control your business. In addition, a B2B solution can help automate the process of connecting trading partners, suppliers and customers to each other, and your business.
Naturally, security risks are a major concern when opening new communication channels. Remember when your company first granted Internet access? The precautions, the lengthy high-level discussions and the preparations made by your IT team were probably excessive -- all in the interest of protecting the organization. Now, with every additional window opened to the world, the same fears come blowing in. "Are we subjecting ourselves to hackers?" "Can we trust outsiders with this access?" "Are we putting our data at risk?"
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