Electronic data interchange (EDI) is the computer-to-computer communication of business documents in a standard format. EDI remains at the core of business throughout the world and with EDI growth and relevance set to trend and expand throughout the rest of 2022 and 2023.
Poll results
In our most recent LinkedIn poll, we asked our social media followers on what they thought the biggest EDI trends would be in 2023.
EDI trends in 2023: what we found
More API integration
78% of respondents selected more API integration as the biggest EDI trend for 2023, would you agree?
Both EDI and APIs transfer data from one system to another. The technologies work together, API integration augments EDI and gives deeper context to the B2B integrations within the digital ecosystem. For example, APIs may be necessary to look up catalogue inventory within an e-commerce platform, and then if a customer makes an order, EDI can kick-start the ordering, shipping, and fulfilment processes. Both processes are equally critical to business success. These API integrations with the EDI process will become more vital to user experience and business success.
Read more about how API and EDI can work together.
Greater in-house processing
11% of respondents thought greater in-house processing would be a big trend for EDI in 2023.
In the past, it was mostly smaller organisations that would integrate EDI through in-house processing due to the demand. However, as businesses look to cut costs is there the possibility that larger organisations could save by moving the processes in-house? One things for certain, by taking on this responsibility organisations will need larger teams to support this demand.
More uptake of PEPPOL
11% selected more uptake of PEPPOL as the biggest EDI trend in 2023.
The PEPPOL Access Point allows organisations to trade with multiple partners that are connected to the PEPPOL trading network. Created as an EU-funded project to establish standards for electronic public procurement, it is an EDI protocol designed to simplify the process between supplier and government. Achieving widespread adoption in Europe, PEPPOL is becoming more established globally in countries such as Singapore, New Zealand and Australia, further increasing the growth of EDI.
Other
Finally, 0% selected ‘other’ as the biggest EDI trend in 2023.
While this wasn’t selected by any of the respondents, other could contribute to consolidation of old standards. In EDI infrastructures that have grown in large organisations there will be a multitude of different EDI standards and formats. While older EDI providers are not always technologically capable of keeping up with these consolidations, more tech-savvy providers can find a way to lift old legacy applications onto new technological legs.
Learn more about B2BE’s EDI solution.
More information
B2BE’s experience in the supply chain sector allows our customers to build, expand and adapt successfully, enabling greater effectiveness. To engage with B2BE and offer feedback on what matters most to you and your business, make sure to follow us on LinkedIn and across social media. You can also vote in our latest LinkedIn poll. If you’d like to discuss your supply chain strategy, get in touch with us.