In today’s shifting economy, software providers need to deliver flexible solutions that allow for quick course correction without disrupting business continuity. This often involves switching from large, monolithic structures to more dynamic platforms that can integrate several components to meet new demands.
This approach, referred to by Gartner as “composable business architecture” means “creating an organization made from interchangeable building blocks”, and provides agility and resilience through modularity.
“Whilst in the past software providers aimed to develop or acquire as many capabilities as possible under the same roof, nowadays this strategy limits their ability to quickly adapt and adopt new technologies”, says Alexander Jansson, VP Partnerships & Alliances at Pagero. “In contrast, establishing partnerships when needed and selecting the best solutions already available in your partner ecosystem is a resource-effective alternative to solve customer needs and access the latest technology without heavy investment or maintenance”, Jansson explains.
“Composable architecture is at the core of our offering, as we see change as constant and inevitable. While hard-coded, inflexible systems make it challenging to keep up, Workday’s configurable and open platform allows us to adapt and integrate”, Wakeford declares. “We want to focus on what we do well. When we encounter vendors like Pagero, it makes sense for us to collaborate to continue to evolve and innovate”.