by • February 2, 2021
Traditionally, companies purchased the technology they needed to complete tasks efficiently and accurately. Today’s technology doesn’t evolve in a straight line, though. It grows at an exponential rate that shortens the life span of tools. When technology moves so quickly, an organisations needs to adopt a hyper selective approach – and in doing so move towards the phenomenon of the ‘composable enterprise’.
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Short life cycles have contributed to the rise of companies that offer subscriptions for applications, automation tools, infrastructure as a service, and other cloud-based technologies over purchasing long-term licenses to use tech products. A 2020 report from Gartner lists composite architectures as one of five emerging trends that will drive the next decade of technology innovation.
Businesses need to undergo a digital transformation to adopt the building blocks of composable enterprises. The following sections will introduce you to the key concepts and benefits of composable business models.
A composable enterprise gets to pick and choose between a wide range of tools to stay ahead of competitors and satisfy clients. The business gets to “compose” its IT architecture without committing to specific tools.
Composable enterprises remain flexible by choosing cloud-based services instead of investing in technology ownership. Instead of buying a software suite that business users will rely on for years, they buy memberships in modular components like:
Legacy systems often trapped businesses by forcing them to choose compatible tools. Marketing software might have an ESB (enterprise service bus) that limited the other tools it could communicate with. Once you locked yourself into an expensive system, you had to make decisions based on what you already owned.
The future of applications offers significantly more flexibility through APIs that make it possible for a wider range of tools to communicate without confusion. API management systems practically eliminate limitations by:
Composable enterprises embrace these features to adapt to sudden changes in their industries while improving security and efficiency.
While the benefits of becoming a composable enterprise will vary from business to business, most organizations can expect:
Companies with decades of experience are likely to have legacy systems that make it difficult for them to adopt new technologies. Other barriers to digital transformation include:
Ideally, CIOs will take the lead to overcome these and other challenges. Organizations will experience some growing pains, but good leadership should result in overall improvements. Some of the steps you need to take include:
Becoming a composable enterprise relies on choosing an API solution that makes it easy for your IT department and other teams to work efficiently. DreamFactory offers a no-code platform that requires minimal training for basic operations. You also benefit from features like live API docs, API publishing, and data mesh that combines unrelated databases.
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