Advantages include increased company size, product diversification, competition reduction, and higher economies of scale. This type of vertical integration is conducted by a company moving down the supply chain. There are two types of business integration strategies. TYPES AND ADVANTAGES OF BUSINESS INTEGRATION STRATEGIES. Different Types of Business-to-Business Integration: Extended Enterprise Integration vs Market B2B Integration: 10.4018/978-1-59904-277-0.ch001: In this chapter we argue that there exist two basic forms of business-to-business integration (B2Bi), namely extended enterprise integration and market B2Bi. True business integration means designing ways for all the participants in your digital ecosystem to interact seamlessly and support the outcomes important to your organization. 10+ Types of Data Integration posted by John Spacey, November 06, 2016. Data integration is the process of combining data from many different data sources, typically for analysis, business intelligence, reporting, or loading into an application. In the above example of Tauron group, we have already experience backward integration. It is quite clear that both APIs and RPA have their pros and cons and with a systematic approach these two approaches can be used together to achieve integration and process automation. Now imagine, that Tauron group directly approaches end customers and starts providing electricity without having a go between. Data integration is the process of moving data. The third type of vertical integration is a combination of the backward and the forward vertical integration. When evaluating integrated business process software, focus on ones that offer pre-built integration with major software suites and are open to Zapier-type integrations. RPA is a better option in cases wherein you can interact with an application only via the UI and API-led integration is not possible or ideal. Forward integration is a business strategy that involves a form of vertical integration whereby business activities are expanded to include control of the direct distribution of a company’s products. Thus, Tauron group has now successfully integrated with vendors as … Data integration is highly relevant to most organizations of medium to large size because they typically use a wide array of applications to gain efficiency and serve their customers better. This can occur between data sources that create copies or views of the same data for different purposes such as a data warehouse that takes a copy of transactional data for the purposes of analytics. When sitting through demos, ask specific questions about how integrations work and ask to see some developed in real time. First, horizontal integration involves a company acquiring or merging with similar companies in the same industry it operates.