We see the composable enterprise market as one of the biggest new opportunities for CSPs. And we are not alone in this opinion. According to market analysts, 25% of CSPs will operate as composable service providers by 2025, adding significant value to their edge and 5G services for enterprises seeking agility.
of CSPs will operate as composable service providers by 2025.
The demand for digital services is growing faster than ever. The sudden disruption caused by the COVID-19 pandemic has now shown practically all organizations how they struggle to keep up the pace due to their monolithic or siloed solutions. Innovative enterprises and their customers realize they need their own individualized services that can respond to market changes with continuous business agility.
This has led to the rise of application composition: to support agile business models, monolithic structures are broken up into smaller reusable modules with APIs which allow them to be combined like pieces of a puzzle. This is ideally done with low code or no code, so that not only engineers, but also business stakeholders without programming skills can compose and recompose applications whenever and however needed.
By 2023, 60% of mainstream organizations will list composable enterprise as a strategic objective.
The Future Belongs to Low-Code Application Composition.
increase in speed of new feature implementation via application composition.
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spending in low-code composition by 2025 with current 20.9% CAGR.
of mainstream organizations have app composition as a strategic objective by 2023.
of applications are based on low-code composition in 2025.
CSPs are uniquely positioned to fulfill the non-functional requirements of the composable enterprise: reliability, security, privacy, resilience, scalability and compliance.
In addition, CSPs are experts in all the functional areas surrounding communications: voice, video, and messaging are integral parts of the services enterprises are composing and will compose in the future. CSPs are also trusted business partners with established relationships to local businesses and the public sector.
This is the first of a series of ECT e-books on the composable enterprise and its significance for CSPs. It introduces you to application composition, the underlying architecture and processes as well as the market opportunities for CSPs.
Estimated Reading Time: 15 minutes (12 pages)