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Over $8 Billion Market for Service-Oriented Process Solutions by 2008, Says Report

Over $8 Billion Market for Service-Oriented Process Solutions by 2008, Says Report

(April 21, 2003) - As enterprises apply service-oriented architecture principles to business process management and automation, they will find that "Service-Oriented Process" solutions will supplant the need for today's integration solutions, concludes a report published by analyst firm ZapThink, LLC. The report predicts that the market for these service-oriented process solutions will grow from $120 million in 2003 to over $8.3 billion by 2008

The report defines service-oriented process as a separate abstraction layer for business process definition and execution that leverages the capabilities of Service-oriented Architectures. Service-oriented process provides businesses an approach to tying business requirements to the service model represented in the SOA metamodel, providing a flexible approach towards implementing architectures that promote business agility. "Approaching business process from a service-oriented perspective enables business requirements to drive IT capabilities in an agile, cost-effective manner," explained Ronald Schmelzer, senior analyst at ZapThink

Key findings of the report include:

  • By 2005, over 70% of Web services implementations will be process-driven.
  • The standards landscape will converge on a single choreography, orchestration, and process flow specification in the next 12-18 months.
  • Service-oriented process includes orchestration, choreography, composition, workflow, transactions, and collaboration of Web Services.
  • Services must be developed devoid of process in order that they can participate in an SOA that meets the goals of business agility
  • Service-Oriented Management techniques can assist in managing discrete services as well as end-to-end business processes.
  • The report concludes that service-oriented process tools enable business users to assemble business-oriented Web services into business processes that are themselves exposed as Web services.

    More about the "Service-Oriented Process" report is at the ZapThink Web site.

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