Many people may be wondering what is happening with the role of service oriented architecture (SOA) in today's IT markets. A new market forecast report says the market is still strong, and still growing at a good clip.
TechNavio just has released a report that predicts the global service oriented architecture (SOA) governance market to grow at a compounded annual growth rate (CAGR) of 10.35% over the period 2011-2015. One of the key factors contributing to this market growth is the automation of SOA governance, the report states. Cloud governance is also driving this market -- the SOA governance tools and processes learned over the past decade are now underpinning cloud projects as they scale across enterprises.
However, TechNavio analysts caution, SOA and cloud governance is also hampered by a "general lack of awareness and understanding of SOA governance."
"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."
Key vendors dominating this market space include IBM Corp., Oracle Corp., Software AG, SOA Software Inc., TIBCO Software Inc. Other vendors mentioned in the report: Progress Software Corp., Layer 7 Technologies Inc., HP Co., Vordel Ltd., Crosscheck Networks Inc., Managed Methods Inc., and Intel Corp.
A lot of the work needed to make cloud enterrpise-ready has already been done. The tools and methodologies built and stabilized over the past few years for SOA projects are seeing renewed life as enterprises move to the cloud model. It's just a matter of getting the word out.
(Photo: US Bureau of Labor Statistics.)