The new reality - the reality of the data explosion. From mobile applications to real-time analytics, this explosion of data has shined light on the necessity of a scalable, cloud-capable, B2B/EDI integration solution.
Integration leaders now recognize that the traditional worlds of API, B2B/EDI and MFT are converging to meet today’s growing digital economy. When the industry talks about “B2B Integration,” they’re talking about integrating conventional technologies like MFT, EDI and APIs together into one seamless solution.
So how is Digital B2B Integration changing businesses today? When an advanced B2B/EDI gateway, such as Axway’s B2Bi, is implemented, and it is combined with cloud-enabled managed services, the typical enterprise is given the ability to scale its deployment as needed, while remaining flexible to take advantage of API integration and analytics. Furthermore, the company can rely on services to pursue an Op-Ex model, opposed to the Cap-Ex model of old. That means freeing IT operations to focus on initiatives that contribute to generating new customer experiences and revenue generating services.
When it comes down to it, Digital B2B Integration serves as the support structure that is enabling large enterprises to navigate the fast-paced digital economy of today in two main ways: Data Validation & Compliance. Let’s cover how:
White Paper: White Paper (1 of 2): ‘Transform Your Business with Digital B2B Integration’.
Data Validation: Data assurance is the most important aspect of any business relationship and one that must be protected at all costs. The guarantee of protecting and facilitating the reliability of data requires that its use, processing, storage, and transmission are required in meeting regulatory compliance and guarding against cyber-attacks, including ransomware[ii]. Typically, there are four basic types of data validation: code checking, complex validation, range checking; and data type validation. Above all, data validation must ensure that data is correct, meaningful, and secure. This can be accomplished using security protocols, data integrity checking, threat blocking, policy enforcement, monitoring, and guaranteed delivery.
Today, B2Bi cloud and hybrid, plus integration services, are streamlining this process by supporting both rapid integration of disparate data sources, and synchronous validation. When combined with innovative APIs, businesses and data-dependent operations can rapidly integrate separate systems with each other, whether they’re networks, database systems or customer devices.
Compliance: To ensure compliance, it’s imperative for businesses to address each unique requirement for all parties in the value chain. This includes government entities, private suppliers, service level agreements (SLA) commitments, B2B partners, local laws, regulatory bodies, manufacturers and other global businesses. This may be extended to describe privacy data, insurance, legal, health care data, data audit trails, proprietary data and financial data as well as other types. The sensitive nature of such data requires the use of encryption during transmission, storage, processing and archival.
The solution to addressing mounting compliance requirements, risks and concerns demands that the infrastructure conform to industry, not the other way around. Digital B2B Integration Services are allowing global partners from banking to healthcare,make the transition to a file interchange that fits their specific regulatory needs, by using the power of B2B/EDI communication combined with the support of integration services.
Put Data to Use with B2B Integration Services
Data is merely a commodity without utilization. As companies grow by acquisition, expand their workforce or incorporate more technologies and devices within their processes, it is critical that data flows and structured datasets can scale and support the growth. B2Bi is a familiar name, but it offers new capabilities with the power of the cloud.
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TOPICS: API Management, B2B & EDI Integration, Business Process Management, Cloud Integration, Collaboration, Digital Business, Integration, Internet of Things, Managed File Transfer