As companies have viewed new technologies historically, the smart enterprise
adopted new technologies while improving on its existing technology
investments. Enterprises that embrace this methodology can drive more value
out of both the new and the old technology. Why spend millions on buying and
implementing a new system if you can repurpose your existing applications and
data to deliver the same benefits of a new system? Today, companies are
finding they can get more life out of mainframe legacy systems by exposing
valuable business logic as Web services. Web services are allowing legacy
applications to be integrated seamlessly throughout the enterprise.
"Many existing mainframe organizations are reevaluating the value proposition
of this platform," said Dale Vecchio, research director at Gartner. "The
ability to leverage existing systems in a services-oriented way... (more)
(September 22, 2003) - According to a study by industry analyst firm Gartner,
IT budget cutbacks are forcing organizations to reduce Web services spending.
After surveying 111 North American companies, Gartner reports that 48% of
respondents cut spending on Web services application development projects due
to the current economic climate.
However, the report also shows that such projects still remain a top priority
moving forward. As evidence, 33% of survey participants stated they will
continue to invest in Web services over the next two years despite the
economy. Gartner report... (more)