The enterprise integration software (EIS) market grew 88.4 per cent from 1999 to 2000, confirming the importance of integration solutions for enterprises. Although growth rates will slow over the next five years due to economic conditions, IDC (International Data Corporation) believes that this market will continue to outpace the overall software industry through 2005 with a compound annual growth rate of 43.9 per cent. Despite economic downturn, the corporation says enterprises will continue to engage in integration projects because application integration enables organisations to extract more value from complex heterogeneous systems and the need to connect legacy systems with newer applications has not diminished. Further, mergers and acquisitions continue to force enterprises to integrate heterogeneous IT systems. Satyam in Shanghai Indian software giant Satyam has opened
an office in Shanghai. The official launch in mainland China comes in
the wake of Chinese Premier Zhu Rongji's visit to India two weeks ago,
where he stated the countries should become economic partners and not
rivals, especially in IT. The decision by Satyam Computer Services,
India's fourth largest software exporter, to set up an office in
Shanghai, has begun what many in China hope will be a new wave of
Sino-Indian software links. While India has powered ahead to become a
world centre for outsourcing software development and produces some of
the globe's best software engineers, economic giant China has lagged
behind in the technology stakes. |