Service-oriented architecture Market – Adoption of Web Based Applications in Commercial and Industrial Sectors

Service-oriented architecture (SOA) is collection of services that communicate with each other. The communication comprise of data transfer involving two or more services facilitating specific functionality. SOA consist of modules that are built as software components called services. The components are discrete pieces of data structures that can be reused for diverse purposes, thereby providing flexibility into the software systems.

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SOA facilitates outsourcing of applications or business processes. It enables interoperability, reusability, and enhances the ability of organizations by means of integrated services such as cloud, big data and mobile computing. Further, it supports reduction in maintenance, and integration cost of networks.

The global SOA market has been experiencing growth in recent years due to increasing adoption of mobile technology, adoption of web based applications in commercial and industrial sectors, rising adoption of cloud computing and innovation in smart phone for transactions and payments application.

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The other additional factors contributing to the growth of SOA market are increasing unstructured data generation by machines, technologies and equipment due to social media and growing adoption of integrated IT infrastructure.

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Pragati Pathrotkar

As one of the lead news writers on cmfenews, Pragati’s specialization lies in the science and technology domains. Her passion for the latest developments in cloud technology, connected devices, nanotechnology, and virtual reality, among others, shines through in the most recent industry coverage he provides. Pragati’s take on the impact of digital technologies across the science, technology, and business domains gives her writing a fresh and modern outlook.

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