B2B Data Integration and Transformation Blog

New EDI Strategies for New EDI Challenges

To help prepare you for whatever EDI challenge that might hit your inbox in 2024, our experts have once again pooled their expertise and experience for you. See the results below.

For all the disruption and pain it brought, the pandemic trained us to work and shop from home. In the post-pandemic era, B2C and B2B buyers expect no-friction purchasing and 24/7 access to goods and materials.

According to Bard, Google’s answer to ChatGPT, the phrase “digital transformation” appears more than 2,500 times on the websites of the top 100 EDI providers in North America. It appears 171 times over 10 of our web pages alone.

In a recent survey, 80% of companies report they’re planning budget increases of 10% or more to modernize. On a related note, EDI, MFT, and APIs are forecast to grow between 13% - 25% annually.

Since the year began, we’ve seen some customers put EDI system initiatives on hold due to concerns over the direction of the economy. But what seemed prudent in January could be risky now.