I have an application (A) that needs to launch another application (B). I need to pass data between the applications. I can think of two approaches. The first is to open
The simplest method (assuming Windows since you mention a DLL) is probably to use CreateProcess and open a pipe to the child process, as described in simplified form here: http://msdn.microsoft.com/en-us/library/ms682499.aspx
Named Pipes can be an alternative, especially if you aren't in control of the lifetime of all of the processes. http://msdn.microsoft.com/en-us/library/aa365590.aspx
For simple cases, mailslots may be a sufficient alternative.
http://msdn.microsoft.com/en-us/library/aa365574.aspx#base.using_a_mailslot_for_ipc
Here's a longer list of various Interprocess Communication techniques for Windows. http://msdn.microsoft.com/en-us/library/aa365574.aspx
For something happening locally, using sockets seems sort of overkill. Plus you have to implement your own security mechanism to prevent spoofing attacks, rather than depending on the integrated security mechanism of most of the other IPC methods.