Global firms bet big on SOA
Posted on February 27, 2008
Filed Under Vnunet |
Robert Jaques, vnunet.com,
Tuesday 26 February 2008 at 00:00:00
$1.4bn spent on SOA software and services in 2007
Companies adopting service oriented architectures (SOAs) spent $1.4m on
software and services in 2007, according to a report released today by AMR
Research. The SOA Spending Report 2007-2008 surveyed IT executives from the US,
Germany and China. Primary drivers for investment were identified as meeting
the need to change investments faster, more cheaply and with less risk (22 per
cent), meeting the requirements of individual projects (18 per cent), and
reducing IT costs through reuse (17 per cent). “SOA adoption and interest
varied by industry in some surprising ways,” said Ian Finley, research director
at AMR Research. “Financial services, the top revenue vertical reported in
vendor interviews, came in at the bottom in our SOA adoption tally. “On further
analysis we discovered that, while a smaller percentage of financial services
companies have adopted SOA, those adopters are spending a great deal more on
SOA than their peers in other industries. “In other sectors more of the
industry has adopted SOA, but the average company spends a more modest amount.”
The study found that 45 per cent of SOA adopters reported spending over
$500,000 on SOA software and services in 2007. Respondents represented a
cross-section of companies with 500 to 10,000+ employees in the process and
discrete manufacturing, retail, wholesale/distribution, telecoms and financial
sectors.
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