Companies adopting service oriented architectures (SOAs) spent $1.4m on software and services in 2007, according to a report released today by AMR Research.
The SOA Spending Report 2007-2008 surveyed IT executives from the US, Germany and China.

$1.4bn spent on SOA software and services in 2007
vnunet.com, 26 Feb 2008
Companies adopting service oriented architectures (SOAs) spent $1.4m on software and services in 2007, according to a report released today by AMR Research.
The SOA Spending Report 2007-2008 surveyed IT executives from the US, Germany and China.
Primary drivers for investment were identified as meeting the need to change investments faster, more cheaply and with less risk (22 per cent), meeting the requirements of individual projects (18 per cent), and reducing IT costs through reuse (17 per cent).
"SOA adoption and interest varied by industry in some surprising ways," said Ian Finley, research director at AMR Research.
"Financial services, the top revenue vertical reported in vendor interviews, came in at the bottom in our SOA adoption tally.
"On further analysis we discovered that, while a smaller percentage of financial services companies have adopted SOA, those adopters are spending a great deal more on SOA than their peers in other industries.
SOA adoption and interest varied by industry in some surprising ways
Ian Finley Research director, AMR Research
"In other sectors more of the industry has adopted SOA, but the average company spends a more modest amount."
The study found that 45 per cent of SOA adopters reported spending over $500,000 on SOA software and services in 2007.
Respondents represented a cross-section of companies with 500 to 10,000+ employees in the process and discrete manufacturing, retail, wholesale/distribution, telecoms and financial sectors.

SOAs will excel in letting employees configure new applications without touching any code
Software allows firms to respond to market trends or risks
Oracle's latest acquisition will not be the last

Intel explains how its Xeon processors can handle data-intensive apps

More thoughts on how servers can help manage overload

Remote access - Three steps to getting connected
3.4 million UK professionals now work from home – is your company equipped?

Cost benefits of a global collaboration network
This white paper is a must read for organisations looking for evidence of the bottom-line benefits of high-definition video and voice communications
Keep up to date with the latest products, services and technologies from the world's leading IT companies; IThound.com brings you over 6,000 white papers, case studies and analyst reports.

We chat to Mike Maddison, UK head of Security, Privacy...

Update designed to give mobile users a richer, more personalised...

More thoughts on how servers can help manage overload
Do you agree?
Have your say on this article