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– Growing Adoption of Cloud-based Services
– Proliferation of IoT Devices
– Increasing Need for Efficient Data Management
– Technological Advancements in AI, Machine Learning, and IoT
Restraints
– High Initial Investment Costs
– Integration Complexities and Security Concerns
Opportunities
– Rising Demand for Digital Transformation Across Industries
– Emergence of AI-powered Application Integration Solutions
– Growing Adoption of Hybrid Integration Platforms
Challenges
– Lack of Skilled Professionals
– Integration Challenges in Legacy Systems
