{"id":22994,"date":"2016-06-20T12:30:12","date_gmt":"2016-06-20T04:30:12","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=22994"},"modified":"2016-06-20T12:30:12","modified_gmt":"2016-06-20T04:30:12","slug":"global-back-office-system-integration-market-grow-5-8-2020","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2016\/06\/20\/global-back-office-system-integration-market-grow-5-8-2020\/","title":{"rendered":"Global back office system integration market to grow 5.8% by 2020"},"content":{"rendered":"<section class=\"release-body container  no-margin-bottom \">\n<div class=\"section-divider\">\n<div class=\"row\">\n<div class=\"col-sm-10 col-sm-offset-1\">\n<p><strong>The global back office system integration market is forecast to grow at a CAGR of 5.8% during the period 2016-2020. This is according to\u00a0Research and Markets, which released a new report,\u00a0<a class=\"linkOnClick\" target=\"_blank\" rel=\"nofollow\" data-include=\"300286494\" data-omniture=\"http:\/\/www.researchandmarkets.com\/research\/n4s8ps\/global_back\">&#8220;Global Back Office System Integration Market 2016-2020&#8221;<\/a>.<\/strong><\/p>\n<p><a href=\"http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2016\/04\/Cloud-to-the-max3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22065\" src=\"http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2016\/04\/Cloud-to-the-max3.jpg\" alt=\"Cloud to the max3\" width=\"620\" height=\"445\" srcset=\"http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2016\/04\/Cloud-to-the-max3.jpg 620w, http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2016\/04\/Cloud-to-the-max3-300x215.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"release-body container  no-margin-bottom \">\n<div class=\"row\">\n<div class=\"col-sm-10 col-sm-offset-1\">\n<p>The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.<\/p>\n<p>One trend which is boosting market growth is the emergence of e-commerce back office integration solutions. The ever-increasing popularity of e-commerce businesses globally has raised many concerns related to front-end and back-end IT systems. E-commerce software solutions require integration with enterprise system for the exchange of information related to inventory, billings, transaction details, and other information related to online shopping.<\/p>\n<p>E-commerce firms use system integration solutions to integrate their back-end systems with enterprise systems as well as with front-end systems. Back-end system integration with e-commerce software solutions helps firms to control expenditure by connecting front-end and back-end systems.<\/p>\n<p>Further, the report states that one challenge that could hamper market growth is user resistance to back-end system integration solutions. The adoption rate for this technology is quite low in developing countries due to the need for additional investment.<\/p>\n<p>Key vendors include\u00a0CGI,\u00a0Consilia Technology,\u00a0MuleSoft,\u00a0NetSuite and\u00a0SAP.<\/p>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>The global back office system integration market is forecast to grow at a CAGR of 5.8% during the period 2016-2020. This is according to Research and Markets, which released a new report, &#8220;Global Back Office System Integration Market 2016-2020&#8221;.<\/p>\n","protected":false},"author":6,"featured_media":22065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[4458,4459,4460,590,4461,135,435,96],"class_list":["post-22994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-back-office-system-integration","tag-cgi","tag-consilia-technology","tag-e-commerce","tag-mulesoft","tag-netsuite","tag-sap","tag-technology"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/22994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=22994"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/22994\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/22065"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=22994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=22994"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=22994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}