Web services development gathers momentum

According to IDC, web services will evolve into the dominant distributed computing architecture over the next 10 years.

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By  Greg Wilson Published  February 4, 2003

The web services computing model is gathering momentum. According to research from IDC, web services will evolve into the dominant distributed computing architecture over the next 10 years.

Web services will drive a total software, services and hardware opportunity in the US of approximately US$21 billion by 2007 and will peak at $27 billion in 2010.

“Our forecast shows the Web services opportunity distributed unevenly among technology providers and peaking at different times for each technology segment. The software opportunity will peak first in 2007 and then decline as customers build out their platforms,” says Anthony Picardi, senior vice president of Global Software at IDC.

“The hardware opportunity will follow in 2009 and then professional services in 2011. It is important for vendors in each of these segments to understand the current market trends and adoption rates in order to take the appropriate actions that will ensure future success,” he adds.

IDC predicts that by the end of 2002, just 5% of US-based companies will have completed web services projects. However, 80% will have started some type of project by 2008.

Growth will be the fastest in large enterprises in the manufacturing and services industries, although the market will be dominated by small enterprises, as they become adopters by 2007.

As web services technology evolves and is assimilated into the enterprise, new challenges will emerge for the IT industry to collectively address.

This will require continued cooperation among vendors to meet interoperability challenges, which will in turn unleash more product innovation and enable the next generation of computing solutions to unfold.

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