And some 71% of UK companies regard supply chain management as a critical part of their IT strategy. The respondents put the time taken to complete integration a very close third behind managing data flow both internally and outside the enterprise, when asked to list technology issues in order of importance to business.
In the Morgan Stanley CIO Survey 2002 which questioned 225 chief information officers, application integration ranked second in the list of top software projects for the next year.
42% of all integration projects are being developed in-house, research commissioned by Microsoft Services found
8% of companies are making use of standards-based products and solutions, such as XML, according to research commissioned by Microsoft Services
30% of integration budgets are being wasted through inefficient integration practices, a survey of European organisations carried out by American Management Systems reported.
The same survey found that 40% of organisations cannot specify when enterprise integration projects will pay back
88% of data integration projects fail, according to research carried out by the Standish Group.