When companies complete mergers and acquisitions, business integration is among the most challenging parts of turning the new development into profits. According to a recent CIO UK report, CIOs need to carefully manage the business integration process because muddled strategies can drastically reduce financial gains.
The report emphasized the importance of IT integration during merger and acquisition periods. As a general rule, the report said integrating IT business process as fast as possible is ideal. Furthermore, CIOs that are heavily involved in the business integration process will foster success, according to the report.
CEO expectations are a critical reason for CIO involvement in business integration strategies. The report said the amount of data and analytic information processed during integration makes the period critical. As a result, CEOs anticipate CIOs to invest their time to make integration work.
Dealing with applications and infrastructure are also critical parts of successful integration. According to the report, CIOs should take advantage of the integration process to streamline applications and make sure infrastructure is strong enough to handle the new processes.
According to a recent SnapLogic report, business integration models could be fueled by cloud services in the near future. SnapLogic expects the cloud to become pervasive in the integration industry, especially with startup companies.