6 Reasons Why the iPaaS Market is Exploding
Posted: Mon Dec 23, 2024 7:58 am
As more organizations move towards cloud computing, iPaaS has become an essential, cost-effective and efficient way to bridge the gap between SaaS and cloud data.
The first iPaaS was launched by Boomi just 13 years ago. Since then, iPaaS technologies have proliferated. According to Gartner, iPaaS is one of the fastest growing segments of the enterprise software market. The global iPaaS market is expected to reach $2.7 billion by 2024 .
iPaaS is also a key part of Gartner ’s Digital Ops toolkit to achieve hyperautomation and offers organizations enormous advantages in their quest for digital transformation.
What is an iPaaS?
Gartner defines an Integration Platform as a Service (iPaaS) as "a suite of cloud services that enable the development, execution, and governance of integration flows connecting any combination of on-premises and cloud-based processes, services, applications, and data within a single or multiple organizations."
Common use cases for iPaaS include:
API Generation . An iPaaS allows people with no coding oman telephone number search experience to create APIs using a visual interface.
B2B Data Integration . With an iPaaS, an organization can establish data connections between internal and external applications.
Cloud-Hybrid Integration . One of the advantages of an iPaaS is that it can also run on-premises and is not limited to a cloud environment.
Microservices Integration . Organizations benefit from pre-built connectors that support a microservices architecture .
IoT . An iPaaS helps businesses integrate and scale IoT.
What’s driving the explosive growth of iPaaS? Here are 6 reasons why businesses are rapidly adopting this technology:
1. Eliminate data silos
Disparate systems and applications lead to inefficiency and data silos. Employees often spend large portions of their workday manually entering data into different applications, a process often referred to as “swivel chair.” swivel chair . In addition to stifling productivity, manual data entry processes can lead to costly errors and compliance issues.
An iPaaS makes it easy to integrate and share data between your applications. When information is added or changed in one application, it is instantly reflected in the other applications.
2. Enable end-to-end process automation
An iPaaS enables end-to-end process automation by simplifying the integration process using low-code technologies and features, facilitating seamless data exchange between applications, and reducing IT complexity. With these low-code tools, citizen developers can relieve overburdened IT teams to drive organizations’ process automation initiatives.
The first iPaaS was launched by Boomi just 13 years ago. Since then, iPaaS technologies have proliferated. According to Gartner, iPaaS is one of the fastest growing segments of the enterprise software market. The global iPaaS market is expected to reach $2.7 billion by 2024 .
iPaaS is also a key part of Gartner ’s Digital Ops toolkit to achieve hyperautomation and offers organizations enormous advantages in their quest for digital transformation.
What is an iPaaS?
Gartner defines an Integration Platform as a Service (iPaaS) as "a suite of cloud services that enable the development, execution, and governance of integration flows connecting any combination of on-premises and cloud-based processes, services, applications, and data within a single or multiple organizations."
Common use cases for iPaaS include:
API Generation . An iPaaS allows people with no coding oman telephone number search experience to create APIs using a visual interface.
B2B Data Integration . With an iPaaS, an organization can establish data connections between internal and external applications.
Cloud-Hybrid Integration . One of the advantages of an iPaaS is that it can also run on-premises and is not limited to a cloud environment.
Microservices Integration . Organizations benefit from pre-built connectors that support a microservices architecture .
IoT . An iPaaS helps businesses integrate and scale IoT.
What’s driving the explosive growth of iPaaS? Here are 6 reasons why businesses are rapidly adopting this technology:
1. Eliminate data silos
Disparate systems and applications lead to inefficiency and data silos. Employees often spend large portions of their workday manually entering data into different applications, a process often referred to as “swivel chair.” swivel chair . In addition to stifling productivity, manual data entry processes can lead to costly errors and compliance issues.
An iPaaS makes it easy to integrate and share data between your applications. When information is added or changed in one application, it is instantly reflected in the other applications.
2. Enable end-to-end process automation
An iPaaS enables end-to-end process automation by simplifying the integration process using low-code technologies and features, facilitating seamless data exchange between applications, and reducing IT complexity. With these low-code tools, citizen developers can relieve overburdened IT teams to drive organizations’ process automation initiatives.