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Web Services Market Opportunities, Strategies, and Forecasts, 2004 to 2009

Wintergreen Research, Inc, Jan 2004, Pages: 504


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This report covers the Web Services Market from 2004 to 2009.

Web services represent a standards -based approach to integration and interoperability. Web services are self-contained, self-describing, modular applications that can be published, located, and invoked via the Internet. Web
services do not address enterprise concerns for security, reliability and availability.

Web services perform simple requests and manage complicated business processes functions. Component-based programming and distributed computing enables component-oriented software development strategies with a foundation on widely accepted industry standards.

Web services enable existing applications and business processes integration at a level that is superficial. Security, workflow, business process management, business process modeling, Web services systems management, data transformation, adapter implementation, and preservation of transactional integrity are yet to be implemented.

Server-to-server connectivity between partners and in a business climate of ecosystems erodes the traditional enterprise perimeter. Web services have a long way to go to support mission critical implementation of information exchange. Wirespeed XML message transport needs security. XML security represents a broad area of services opportunity.

The complexity of proprietary systems comes from the difficulties of interconnecting systems not originally designed to support communication. Web services are protocols designed to achieve interconnection of proprietary systems. The trouble is, the protocols developed by Web services designers do not do the whole job.

The great promise of Web services is that they will catalyze the creation of a business network through which complex aggregations of products and services can flow freely. Syndication represents the premier mode of utilizing Web services efficiently. Syndication has been around a long time. The Internet is extending it as a business model to adapt to new market opportunities.

Web services at $166.7 million in 2003 are evolving as a portion of the total EAI, application server, and enterprise portal markets. They are expected to reach $2.7 billion by 2009.



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