TechNavio today launched its report Global SOA Governance Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s IT Services team said: ”The demand for service-oriented architecture (SOA) governance is progressively gaining momentum, and service providers are looking for available resources and alternatives to meet this demand. There is an increase in mergers and acquisitions as well as strategic alliance among firms. This strategy would be beneficial for the large players in the market looking for an entry into offshore destinations. Acquiring more companies will help them increase their delivery capabilities. It will also help them to have better access to the growing markets.”
According to the report, with ever-increasing technological advancements, there is constant pressure on firms to upgrade technologically. Firms are constantly looking to adapt to new technologies to have a competitive edge in the market. Hence, the degree of competitive pressure for the adoption of new IT initiatives is quite high. This pressure creates more demand for middleware technologies such as SOA and SOA governance. The pressure to digitize an entire organization and achieve structural changes with strategic benefits is also driving the growth of the Global SOA Governance market.
Further, the report also discusses that one of the biggest challenges for the Global SOA Governance market is the lack of awareness and understanding of SOA governance and the subsequent business benefits of its implementation.
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. For further information on this report, please visit http://goo.gl/zWMSK
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our IT Services, please visit https://www.technavio.com/it-services
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TechNavio Announces the Publication of its Report – Global SOA Governance Market 2011-2015
