IDC Shines Light on Current and Future Web Services Investments with Results from Recent Survey

FRAMINGHAM, MA – MAY 5, 2003 – According to a recent survey conducted by IDC, organizations are approaching Web services in a conservative manner with respect to both the volume of projects undertaken and dollars spent. Most organizations are making incremental investments, however, with the expectation that Web services will have a constructive impact on business and timely positive return. In fact, an overwhelming percentage (88%) believe that the overall benefits to using Web services will increase in the future.

 

"Organizations are targeting a wide array of solutions with Web services technology. These projects range from pure integration to addressing industry-specific B2B external processes," said Sandra Rogers, research director for Web Services Sotware at IDC. "Although many of the companies studied are in the first stages of adopting this type of computing architecture, most see substantial promise for what Web services standards-based design and interoperability have to offer."

The following are just a few of the findings from IDC's Web Services Investment Study:

Most of the Web services projects being undertaken are focused on solving a targeted business or automated function, with industry-specific processes as prime candidates.

Study respondents plan to continue investing in pertinent software to support their Web services initiatives, with security technology on the uptake.

Those organizations embarking on Web services projects primarily desire to reduce costs via their initiatives.

A majority of organizations are currently developing and implementing Web services solutions utilizing internal resources, and making incremental software and hardware spending outlays to support these projects.

IDC's just-released report, Shining the Light on Web Services Projects: Findings from IDC's Web Services Investments Study (IDC #29196), provides project and investment details associated with organizations currently undertaking Web services initiatives based on IDC's Web Services Investment Study. Topics covered include number of projects, type of projects, and current and intended investments in software, hardware, services and hosting technologies. Vendor selection criteria and anticipated benefits associated with Web services are also investigated.

To purchase this document, call IDC's sales hotline at 508-988-7988 or email sales@idc.com.

About IDC

IDC is the foremost global market intelligence and advisory firm helping clients gain insight into technology and ebusiness trends to develop sound business strategies. Using a combination of rigorous primary research, in-depth analysis, and client interaction, IDC forecasts worldwide markets and trends to deliver dependable service and client advice. More than 700 analysts in 43 countries provide global research with local content. IDC's customers comprise the world’s leading IT suppliers, IT organizations, ebusiness companies, and the financial community. Additional information can be found at www.idc.com.

IDC is a division of IDG, the world’s leading IT media, research, and exposition company.

 

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