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Yahoo
2 days ago
- Business
- Yahoo
Electronic Data Interchange Market Size to Grow USD 74.36 billion by 2031, Rising Digital Transformation Across Various Industries Propels
NEW YORK, July 21, 2025 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, the electronic data interchange (EDI) market is observing significant growth owing to the rising digital transformation across various industries and the growing adoption of EDI in small and medium enterprises. The electronic data interchange market was valued at US$34.02 billion in 2024 and is projected to reach US$74.36 billion by 2031; it is expected to register a CAGR of 11.9% during 2025-2031. The electronic data interchange market comprises an array of components and services that are expected to register strength in the coming years. The report runs an in-depth analysis of market trends, key players, and future opportunities. Overview of Report Findings Digital Transformation Across Industries: Companies are continuously investing in digital technologies to revolutionize business processes by improving operational efficiency at reduced costs. The rising adoption of cloud computing is one of the substantial factors for deploying EDI technology and service consumption models. Organizations are focusing on applications, data, connections, and cloud integration, including EDI. According to Edge Delta, Inc.'s data of May 2024, 94% of businesses across the globe use cloud services (including IaaS, PaaS, BPaaS, DaaS, and SaaS) to automate operational processes, lower IT costs, and allow organizations to achieve faster time to market. Moreover, businesses focus on automating the invoicing process by adopting e-invoicing, offering several strategic and operational benefits to buyers, suppliers, and managers. A few advantages of EDI solutions are reduced costs, increased accuracy, faster payments, improved cash management, enhanced productivity, environmental benefits, and improved compliance. Thus, the rising digital transformation with the growing demand for automation solutions among businesses drives the global electronic data interchange market. To explore the valuable insights in the Electronic Data Interchange Market report, you can easily download a sample PDF of the report. - Cloud-Based EDI: Businesses are gradually adopting cloud-based EDI solutions. Cloud EDI software provides a combination of technological and business process improvement design. From streamlined automation to data transformation capabilities, cloud EDI tools help overcome potential integration challenges without having to deploy and manage the software and hardware. Various providers are developing cloud-based EDI solutions to deliver a more robust and user-friendly experience. Cloud-based EDI providers deliver their services via cutting-edge technology, recording ~100% uptime. Further, in May 2024, True Commerce, Inc. announced a revolutionary EDI integration with SAP S/4HANA Cloud Public Edition. This direct integration is a significant step that allows TrueCommerce customers to seamlessly connect and integrate their SAP systems with other trading partners and platforms, increasing overall operational efficiency, compliance, and visibility across their supply chain operations. TrueCommerce's EDI integration with SAP S/4HANA includes warehouse integration, order-to-cash, procure-to-pay, and fulfillment processes. It enables customers to exchange crucial business papers with their trading partners, reducing manual processes and errors. In January 2024, AWS introduced B2B Data Interchange, a platform enabling organizations to automate and monitor the transformation of EDI cloud-based business transactions. The service offers a low-code interface for managing trading partners and translating EDI documents into JSON and XML formats. Such developments propel the demand for EDI solutions to automate workflow processes. Thus, the rising deployment of cloud-based EDI can drive significant improvements in cost-efficiency, scalability, security, and operational effectiveness, which is expected to create substantial opportunities in the electronic data interchange market during the forecast period. For Detailed Electronic Data Interchange Market Insights, Visit: Market Segmentation Based on component, the market is divided into solution and services. The solution segment dominated the market in 2024. In terms of type, the market is categorized into direct EDI, EDI Via AS2, EDI Via VAN, Mobile EDI, Web EDI, EDI outsourcing, and others. The EDI Via VAN segment dominated the market in 2024. By industry, the electronic data interchange market is categorized as BFSI, healthcare, retail and consumer goods, IT and telecommunication, transportation and logistics, automotive, food and beverages, and others. The retail and consumer goods segment dominated the market in 2024. Competitive Strategy and Development - Key Players: Salesforce, Inc. (MuleSoft); SPS Commerce, Inc.; TrueCommerce Inc.; IBM Corporation; Cleo; Generix Group; Comarch SA; THE DESCARTES SYSTEMS GROUP INC; EDICOM; Unifiedpost Group; Epicor Software Corp; eZCom Software Inc.; Amazon Web Services (AWS); OpenText; and Lobster Data GmbH are among the major companies operating in the electronic data interchange market. - Trending Topics: Healthcare Electronic Data Interchange (EDI) Market, Data Protection as a Service Market, and Big Data Analytics Market Stay Updated on The Latest Electronic Data Interchange Market Trends: Global Headlines on Electronic Data Interchange AWS has launched B2B Data Interchange, a new platform designed to automate and oversee the transformation of EDI-based business transactions. SPS Commerce, Inc. acquired SAP B1 SPS Integration Technology from Vision33, an expert in EDI system automation. Salesforce announced new solutions to help streamline and accelerate end-to-end order lifecycle management: MuleSoft's Anypoint Partner Manager with Intelligent Document Processing (IDP) and MuleSoft Accelerator for Salesforce order management. Purchase Premium Copy of Global Electronic Data Interchange Market Size and Growth Report (2021-2031) at: Conclusion The significant increase in cloud services spending and the growing adoption of EDI technology in the healthcare and BFSI sectors fuel the electronic data interchange market growth. The demand for EDI services is rising in the healthcare sector owing to the emerging trend of outsourcing activities, including claims handling and management, revenue cycle management, and partner management services. The regions such as North America and Europe have a developed healthcare infrastructure, favorable regulatory scenarios, and broad insurance coverage. These regions also report an increased demand for healthcare supply chain management solutions, a growing number of private healthcare market players, and the presence of well-known healthcare IT companies. Furthermore, various electronic data interchange service providers are launching their platforms for the healthcare industry. For instance, in September 2023, Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-driven healthcare company, announced the successful implementation of the Axiom Systems TransSend Core EDI Gateway. This advanced solution streamlines the management of electronic data interchange exchanges with trading partners, ensuring compliance with federal regulations and industry best practices. Similarly, in September 2022, Prodigo Solutions, Inc. launched its next-generation EDI platform for the healthcare industry to improve the processing time between trading partners. Healthcare clients of Prodigo Solutions, Inc. continue to use EDI as a key enabler of their supply chain modernization activities to increase vendor community penetration and automate transactions. Further, the rising adoption of digital finance is impacting industries across the world. Digital finance comprises a wide range of products, processes, applications, and business models. Investments in new and advanced technologies are increasing substantially at a greater pace, which permits financial institutes to adopt EDI solutions. With these solutions and new tools, it becomes easier to make payments, investments, and money transfers. The integration of artificial intelligence, machine learning, social networks, mobile applications, cloud computing, distributed ledger technology, and big data analytics is boosting the innovation of new business and service models across financial institutions in the region. This aspect will boost the business of EDI. The report from The Insight Partners, therefore, provides several stakeholders—including solution providers, system integrators, and end users—with valuable insights to successfully navigate this evolving market landscape and unlock new opportunities. Trending Related Reports: The Inventory Management Software Market Size is expected to register a CAGR of 8.6% from 2025 to 2031The Global Data Center Infrastructure market size is expected to reach US$160.4 billion by eSIM market size is expected to reach US$17.98 billion by 2031The artificial intelligence market size is expected to reach US$1,706.71 billion by 2031The online exam proctoring market size is projected to reach US$2,346.94 million by 2031The barcode software market size is expected to reach US$1,378.29 million by 2031The maritime analytics market size is expected to reach US$2.56 billion by 2031 About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us:If you have any queries about this report or if you would like further information, please contact us:Contact Person: Ankit MathurE-mail: +1-646-491-9876Press Release - For More Technology, Media and Telecommunications Research Reports - Logo: View original content to download multimedia: SOURCE The Insight Partners Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Business Upturn
15-07-2025
- Business
- Business Upturn
Mentor Media Accelerates Global EDI Integration by up to 60% with Boomi
Business Wire India Boomi™, the leader in AI-driven automation, today announced that Mentor Media, a leading global supply chain solutions provider headquartered in Singapore, has reduced onboarding by up to 50 percent and accelerated Electronic Data Interchange (EDI) integration by up to 60 percent using the Boomi Enterprise Platform. Serving Fortune 500 enterprises worldwide, Mentor Media uses EDI as a core transaction mechanism for managing business-critical processes. Previously, the company's integration processes were highly manual and fragmented. Staff had to build and maintain individual custom modules to connect disparate systems. There was no holistic visibility into these integrations, and the setup could not scale to meet market demands. With increasing market demands to scale fast, Mentor Media needed a single, unified platform to manage end to end integrations, improve governance, and scale consistently across regions. With the Boomi Enterprise Platform, Mentor Media reduced system integration time from 21 months to under four months, enabling the company to deliver faster outcomes for customers and partners. 'Boomi is a game-changer for our global operations, transforming how we deliver and scale across regions,' said Rueh Herng Yap, Senior Vice President at Mentor Media. 'We're faster, more efficient, and better prepared for future growth.' Standardising, Automating, and Scaling Integration In addition to markedly reducing EDI system integration timelines, the Boomi platform helped Mentor Media: Cut onboarding time by up to 50 percent for new warehouse deployments to under six months Increase efficiency by up to 60 percent by adopting low-code tools and reusable templates Save 20 percent of senior developer time by streamlining EDI integration With the Boomi Enterprise Platform, Mentor Media gained full visibility across integration flows, enforced best practices, and proactively identified and addressed risks — delivering resilience and operational efficiency. 'Our partnership with Boomi aligns technology and business goals in a powerful way,' said Waikit Chong, System Development Manager at Mentor Media. 'AI-powered documentation and intelligent change management tools have reduced the load on senior developers, giving us time back to focus on innovation and customer experience.' Building a Scalable, Future-Ready Foundation with Boomi As Mentor Media prepares for continued growth, Boomi's AI features will help onboard users faster and reduce reliance on manual training. Boomi's intuitive platform also empowers less-technical users to contribute to integration efforts by shortening the learning curve to improve enterprise agility. 'Today's supply chains demand more than integration — they require agility, intelligence, and resilience. With Boomi, Mentor Media has built a scalable and robust foundation that not only connects systems, but also empowers teams to scale operations, accelerate time to value, and confidently meet the demands of a dynamic global market,' said David Irecki, Chief Technology Officer for Asia Pacific and Japan at Boomi. Additional Resources Hear from Boomi's global customers Browse solutions on Boomi Discover Explore the Boomiverse Community Follow Boomi on X, LinkedIn, Facebook, and YouTube About Boomi Boomi, the leader in AI-driven automation, enables organizations worldwide to connect everything, automate processes, and accelerate outcomes. The Boomi Enterprise Platform — including Boomi Agentstudio — unifies integration and automation along with data, API, and AI agent management, in a single, comprehensive solution. Trusted by over 23,000 customers and supported by a network of 800+ partners, Boomi is driving agentic transformation — helping enterprises of all sizes achieve agility, efficiency, and innovation at scale. Discover more at © 2025 Boomi, LP. Boomi, the 'B' logo, and Boomiverse are trademarks of Boomi, LP or its subsidiaries or affiliates. All rights reserved. Other names or marks may be the trademarks of their respective owners. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash


Barnama
15-07-2025
- Business
- Barnama
Mentor Media Accelerates Global EDI Integration by up to 60% with Boomi
SINGAPORE, July 15 (Bernama) -- Boomi™, the leader in AI-driven automation, today announced that Mentor Media, a leading global supply chain solutions provider headquartered in Singapore, has reduced onboarding by up to 50 percent and accelerated Electronic Data Interchange (EDI) integration by up to 60 percent using the Boomi Enterprise Platform. Serving Fortune 500 enterprises worldwide, Mentor Media uses EDI as a core transaction mechanism for managing business-critical processes. Previously, the company's integration processes were highly manual and fragmented. Staff had to build and maintain individual custom modules to connect disparate systems. There was no holistic visibility into these integrations, and the setup could not scale to meet market demands.


Business Wire
15-07-2025
- Business
- Business Wire
Mentor Media Accelerates Global EDI Integration by up to 60% with Boomi
SINGAPORE--(BUSINESS WIRE)--Boomi™, the leader in AI-driven automation, today announced that Mentor Media, a leading global supply chain solutions provider headquartered in Singapore, has reduced onboarding by up to 50 percent and accelerated Electronic Data Interchange (EDI) integration by up to 60 percent using the Boomi Enterprise Platform. Serving Fortune 500 enterprises worldwide, Mentor Media uses EDI as a core transaction mechanism for managing business-critical processes. Previously, the company's integration processes were highly manual and fragmented. Staff had to build and maintain individual custom modules to connect disparate systems. There was no holistic visibility into these integrations, and the setup could not scale to meet market demands. With increasing market demands to scale fast, Mentor Media needed a single, unified platform to manage end to end integrations, improve governance, and scale consistently across regions. With the Boomi Enterprise Platform, Mentor Media reduced system integration time from 21 months to under four months, enabling the company to deliver faster outcomes for customers and partners. 'Boomi is a game-changer for our global operations, transforming how we deliver and scale across regions,' said Rueh Herng Yap, Senior Vice President at Mentor Media. 'We're faster, more efficient, and better prepared for future growth.' Standardising, Automating, and Scaling Integration In addition to markedly reducing EDI system integration timelines, the Boomi platform helped Mentor Media: Cut onboarding time by up to 50 percent for new warehouse deployments to under six months Increase efficiency by up to 60 percent by adopting low-code tools and reusable templates Save 20 percent of senior developer time by streamlining EDI integration With the Boomi Enterprise Platform, Mentor Media gained full visibility across integration flows, enforced best practices, and proactively identified and addressed risks — delivering resilience and operational efficiency. 'Our partnership with Boomi aligns technology and business goals in a powerful way,' said Waikit Chong, System Development Manager at Mentor Media. 'AI-powered documentation and intelligent change management tools have reduced the load on senior developers, giving us time back to focus on innovation and customer experience.' Building a Scalable, Future-Ready Foundation with Boomi As Mentor Media prepares for continued growth, Boomi's AI features will help onboard users faster and reduce reliance on manual training. Boomi's intuitive platform also empowers less-technical users to contribute to integration efforts by shortening the learning curve to improve enterprise agility. 'Today's supply chains demand more than integration — they require agility, intelligence, and resilience. With Boomi, Mentor Media has built a scalable and robust foundation that not only connects systems, but also empowers teams to scale operations, accelerate time to value, and confidently meet the demands of a dynamic global market,' said David Irecki, Chief Technology Officer for Asia Pacific and Japan at Boomi. Additional Resources About Boomi Boomi, the leader in AI-driven automation, enables organizations worldwide to connect everything, automate processes, and accelerate outcomes. The Boomi Enterprise Platform — including Boomi Agentstudio — unifies integration and automation along with data, API, and AI agent management, in a single, comprehensive solution. Trusted by over 23,000 customers and supported by a network of 800+ partners, Boomi is driving agentic transformation — helping enterprises of all sizes achieve agility, efficiency, and innovation at scale. Discover more at © 2025 Boomi, LP. Boomi, the 'B' logo, and Boomiverse are trademarks of Boomi, LP or its subsidiaries or affiliates. All rights reserved. Other names or marks may be the trademarks of their respective owners.

The Wire
10-07-2025
- Health
- The Wire
Manipal Academy of Higher Education Hosted 2-day International Conference on Equity, Diversity and Inclusion in Health
Two-day conference brings together 230 participants from India and abroad to advance global healthcare collaboration Manipal, Karnataka, India (NewsVoir) The Manipal College of Nursing (MCON), of Manipal Academy of Higher Education (MAHE), Institution of Eminence Deemed to be University, in collaboration with the Faculty of Nursing, University of New Brunswick (UNB), Canada, successfully inaugurated the Manipal International Conference on "Equity, Diversity and Inclusion (EDI) in Health: Envisioning a Future of Global Collaboration for Education, Research & Practice" at the Dr. TMA Pai Auditorium, KMC, Manipal. The conference, which began on July 8, 2025, following a Pre-Conference Workshop on Mixed Methods Research held on July 7, witnessed 230 participants from across India and international destinations. The event is designed to integrate EDI principles into healthcare education, research, and practice through global partnerships and inclusive approaches. Lt. Gen. (Dr.) M.D. Venkatesh, Vice Chancellor, MAHE, graced the event as the Chief Guest for the inaugural ceremony. In his address, he emphasized the transformative potential of collaborative healthcare approaches and recognized MAHE's commitment to the United Nations Sustainable Development Goals. "Multidisciplinary collaboration holds the power to break barriers within healthcare systems. Dr. T.M.A. Pai's visionary contributions in advancing quality education at affordable costs continue to guide our alignment with the United Nations Sustainable Development Goals, particularly in promoting equality and inclusivity. The impactful partnership between MCON and UNB exemplifies this commitment," said Lt Gen (Dr) MD Venkatesh, VSM (Retd) Vice Chancellor of MAHE Dr. Judith A. Noronha, Dean, MCON and organizing chairperson of the conference, welcomed the gathering and introduced the distinguished guests. Dr. Lorna Butler, Dean, Faculty of Nursing, UNB, Canada, and co-chairperson of the conference, highlighted the critical need for culturally responsive and inclusive health systems across international borders. A significant highlight of the conference was the Oration Lecture delivered in memory of Late Dr. Aparna Bhaduri by Dr. Anice George, Professor and Head, Research and Collaboration, and Former Dean, MCON, MAHE. The lecture, titled "Promoting Diversity and Inclusion in Healthcare Education, Research, and Practice," was moderated by Dr. Vishnu Renjith, Lecturer and Program Director, School of Nursing & Midwifery, Royal College of Surgeons in Ireland. "Diversity is not merely an ideal but an inclusive pathway that ensures all individuals feel welcomed, irrespective of their background, race, gender, or beliefs," stated Dr. Anice George during her oration. "Promoting Diversity, Equity, and Inclusion brings fresh ideas and perspectives, improves patient satisfaction and outcomes, and fosters an equitable and supportive workforce. We need a multi-pronged and proactive approach to embed inclusiveness into organizational culture and policies, making healthcare education, research, and practice equitable, impactful, and future-ready." The inaugural ceremony featured traditional elements including a floral tribute to Dr. T.M.A. Pai, founder of MAHE, and ceremonial lamp lighting by the dignitaries. Dr. Linu Sara George, Professor and Head, Department of Fundamentals of Nursing, MCON, and convener of the conference, presented an overview of the conference objectives and structure. The two-day conference program includes plenary sessions by national and international speakers, scientific paper presentations, and poster presentations. The conference aligns with the United Nations Sustainable Development Goals, specifically addressing "Good Health and Well-being," "Quality Education," "Gender Equality," "Reduced Inequalities," and "Partnership for Goals." Dr. Radhika R. Pai, Assistant Professor, Department of Fundamentals of Nursing, MCON, and co-convener of the conference, proposed a vote of thanks during the inaugural ceremony. The conference continued through July 9, 2025, with academic presentations, oration lectures, and deliberations focused on integrating EDI principles into healthcare education, research, and practice. About Manipal Academy of Higher Education The Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed-to-be University. MAHE offers over 400 specializations across the Health Sciences (HS), Management, Law, Humanities & Social Sciences (MLHS), and Technology & Science (T&S) streams through its constituent units at campuses in Manipal, Mangalore, Bengaluru, Jamshedpur, and Dubai. With a remarkable track record in academics, state-of-the-art infrastructure, and significant contributions to research, MAHE has earned recognition and acclaim both nationally and internationally. In October 2020, the Ministry of Education, Government of India, awarded MAHE the prestigious Institution of Eminence status. Currently ranked 4th in the National Institutional Ranking Framework (NIRF), MAHE is the preferred choice for students seeking a transformative learning experience and an enriching campus life, as well as for national & multi-national corporates looking for top talent. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.).