Need for EAI:
In a competitive business scenario, organizations must attempt to get real-time information on business happenings. To gain an edge over their competitors, they must eliminate the lag time between when the data is created and the time it gets used effectively.
Increasing the rate at which vital data is collected and used is critical for organizations, especially in information-intensive industries like financial services, retail, or telecommunications. Companies that react faster to a rapidly changing business environment can capitalize on new opportunities, respond more precisely to their customers, and eventually become more profitable.
In the initial years, software programs in fields such as inventory control, human resources, sales automation, and database management were devised to run independently with no interaction between the systems. They were built according to the specific requirements of each organization using available technology and were often proprietary systems. However, the growth and complexity of organizations in the present context, has led to a situation where there is a need for information and applications to be transferred across and shared between systems. Managers expect instant access to all business functions of an enterprise, regardless of the system in which their functionality may reside. This makes it even more imperative that disparate applications are linked into a larger, integrated solution. This integration is achieved with the help of EAI. Companies are investing in EAI in order to streamline processes and keep all the elements of the enterprise interconnected. The economic benefits of EAI are significant and are realized over the lifetime of a project.
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