TechNavio Announces the Publication of its Report – Global ESB Suites Market 2011–2014

March 23, 2012 - PRLog -- Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said, “One of the main drivers of the Global ESB Suites market is the need for business process automation. ESB suites enable companies within or across organizational boundaries to blend and organize automated business processes by exchanging business documents such as purchase orders and invoices etc. between disparate applications. Moreover, the major feature of ESBs is to bring about information which is stored in existing back-end applications and data stores for use by new business service applications.”

According to the report, the Global ESB Suites market will witness growing demand from different sectors such as Banking & Finance, Telecommunications, Government, and others such as Manufacturing, Retail, and Oil and Gas. The Banking sector is considered as an early adopter of technology and is known for investing strongly in IT. Also, the Telecommunication sector follows banking and finance sector very closely in terms of penetration and technology development regarding ESB suites.

The report also discusses key challenges impacting this market including low level of awareness about ESB Suites.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.

TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://technavio.com/content/global-esb-suites-market-201...

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Media Contact:
Ludmila Berkesova
Program Manager
Technavio
8 Wimpole Street
W1G 9SP London UK
Tel: 0044 207 637 2456
Fax: 0044 845 280 2825
ludmila@technavio.com
http://www.technavio.com

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