Tap in New Opportunities with Application Integration for Your EnterprisePublish Date: September 2, 2022
A new survey states that large companies now use an average of 976 applications (a shockingly massive number), and only 28% of these are integrated. A cause for concern
Today, companies deal with various applications to run their businesses efficiently. Many are standalone. But whether secluded or part of a larger software, companies must integrate them to optimize user experience, interoperability, efficiency, and results.
What is Application Integration?
Amidst a technology-driven business environment, companies use many applications and digital platforms to drive efficiency. But every application has unique characteristics and functionalities that make it useful for a particular task. It serves as a master source of truth for the respective department.
Enterprises, no matter their size, confront challenges like data silos that demand integration. Considering the significance of data, integration proves highly critical!
Some essential applications usually intended to integrate are,
- Customer Relationship Management (CRM)
- Supply Chain Management (SCM)
- Enterprise Resource Planning (ERP)
- Human Resources Management (HRM)
- Business Intelligence (BI)
What Makes Application Integration Imperative? 4 Reasons Companies Cannot Ignore Integration!
Data and agility are two of the most vital factors contributing to a company’s competence. Application integration addresses both. From improved data sharing to increased agility, it touches every critical aspect that catalyzes enterprise success. Accordingly, here are four reasons that drive the need for integration.
1. Seamless Information Flow
45% of respondents of a 2021 survey, named accessing and combining data from disparate HR-related systems as a challenge. Another survey by Ascend2 stated that 44% of marketers cited inadequate or missing application integrations as the main challenge that curtails their ability to generate valuable insights from data.
Application integration fosters seamless information flow between diverse digital platforms. It can consolidate a company’s data collection efforts and eliminate the need for every application to collect data for its unique purpose. In addition, integration helps create a single data repository that simplifies data access.
These factors collectively make the organization more informed about its data. Its employees spend less time hunting data and stay more informed than ever. Not to forget, seamless data sharing and ready access can also improve collaboration.
2. Reduced IT Intricacies
While surrounded by several technologies and applications, managing each and coping with a new one can prove challenging. The latter proves difficult if the application does not blend well with the existing technology ecosystem.
Application integration resolves these challenges. It helps companies onboard an application and amalgamates it well within the system. Integration smoothens operations by seamlessly blending functionality and information of diverse applications. The result is a pretty straightforward interface for users to leverage.
Integration enables companies to collect, process, and use data from various digital platforms to derive the required value. For instance, an ERP system integrated with HR and procurement platforms can help the concerned fetch the necessary data (for both raw material and labor) to plan their deliverables. None of them have to ask each other for data to fulfill their KRAs.
4. Improved Agility
Increased and more value-driven inter-application data sharing is the base of application integration. But one cannot discount the significance of collaboration that integration fosters. Improved collaboration helps companies enhance agility.
Organizations can identify opportunities more efficiently, respond meaningfully to market changes, and address disruptions effectively.
Substantial Cost Savings!
Cost is the most significant advantage one can derive from application integration. Application integration paves the way for visible short and long-run cost savings. How?
Managing and maintaining many applications can enormously add to the company’s overall IT costs. Companies spend an average of 15 to 20 percent of the overall development cost maintaining an application. Integration consolidates the efforts and expenses to manage and maintain an application. While you save efforts in the short run, you realize cost savings in the long run!
Application Integration Made Seamless with YASH Technologies!
Unlock the hidden value of your IT environment with YASH. Our custom application integration solutions blissfully overcome every individual integration challenge. We empower companies with strategic integration that enables them to derive optimal value by integrating disparate applications. Click here to know more about application integration services.