The speed at which businesses need to connect systems is increasing. Companies are looking for ways to integrate with new partners, new data sources, multiple formats and types of data. In addition to these challenges companies also have budgets that limit what they can do with their integration projects.
iPaaS is the best idea, but it’s unattainable for many companies
Integration Platform as a Service (iPaaS) is one of the top modern alternatives to the last generation of data integration, which include enterprise service buses. A cloud-based solution that allows companies to connect systems and data. It’s the most modern platform for data integration, which allows you to do more with your data:
-Integrate multiple applications and databases
-Move large amounts of data between applications
-Build custom solutions using APIs
The ability to integrate any system has become critical to success in today’s business environment. But despite the importance of integration, many companies still have on-premises data integration needs or a hybrid environment that has both cloud and on-premises IT solutions. This makes it hard for businesses that want to move ahead quickly but can’t afford an internal team dedicated solely to this purpose.
Not all companies have the resources to establish an iPaaS and support it long term, so this leaves a couple of options: abandon their existing systems or wait until they’re ready to make new connections through their IT department. Neither option works well if businesses need results and speed now.
Data integration professionals are hard to hire, and company budgets and staffing are changing constantly
If you’re like most companies, your data integration needs are not static. Your company may be growing, or it might be downsizing. You may be adding new products and services that require more information to flow between systems than ever before. Or perhaps you’ve just been acquired by another company, and they want the data from their system integrated with yours—now!
Whatever the case may be, the point is that today’s businesses must constantly evolve in order to stay competitive in an increasingly fast-paced market landscape. With this in mind, hiring and maintaining a permanent staff of experienced data integration professionals doesn’t make sense for many organizations; as budgets change from year to year (or even month to month), so do staffing needs at most companies.
More companies are choosing iPaaS as a managed service due to the benefits it offers. With a managed service, you can:
-Enjoy all of the benefits of an iPaaS at lower risk. It is the best of all worlds, combining a world-class integration platform with a fully managed service model
-Reduce your annual or monthly costs and have predictable expenses
-Get answers from experts quickly and easily, even if an employee leaves the company
-Have access to your data integration expertise no matter if an employee leaves the company
With these advantages in mind, it is clear that using an iPaaS as a managed service makes sense for more organizations every day. In fact, according to Forrester Consulting’s 2018 survey report: “Enterprise Modernization Automation and Integration Platforms: Market Landscape Analysis and Vendor Comparison (173311),” 87% reported they would recommend their current vendor for future projects or purchases.