Companies adopting service-oriented architecture (SOA) spent $1.4 million on software and services in 2007, according to a report released today by AMR Research.
"The SOA Spending Report 2007-2008," which surveyed IT executives from the United States, Germany, and China, found that the primary drivers for SOA investment were to meet the need to change investments faster, cheaper, and with less risk (22%), to meet requirements of individual projects (18%), and to reduce IT costs through reuse (17%).
Survey respondents represented a cross-section of companies with 500- 10,000+ employees in the process and discrete manufacturing, retail, wholesale/distribution, telecom, and financial services industries. According to the survey, SOA adoption and spending largely varied across vertical industry, location, and size of company.