Economic Potential of Service-Oriented Architecture

This book analyzes how Service-Oriented Architecture (SOA) can generate economic value when being applied in business settings. The authors derive their findings from their work in the sector of automotive distribution and the banking industry. For each industry, specific models for economic potential and exemplary qualitative business cases are presented to help the reader identify the respective economic potential within the industry. The presented models are based on a series of interviews with both IT- and business experts from the industries and respective consultancies. The book uses the four core principles of SOA – modularity, simplicity, loose coupling, and open standards – to define the technical potentials of this architecture. Based on this definition, the book shows how SOA can be used to master current business challenges. In doing so, it addresses researchers as well as practitioners looking for a methodology to determine the economic value of SOA