It’s very easy to get lost in your thoughts. One concept will lead to another discovery and your brain keeps spinning. Thinking about how you want to make chicken for dinner makes you wonder if your stove is working which makes you think about your utility bill which has you wondering if you get paid on Friday. Now you’re thinking about Friday night and the plans you have with your friends and you’re wondering where you’re going to get dinner and, see, you’re back to dinner and thinking about that chicken again. The point is, all your thoughts are integrated. All the information and thoughts you need are present at all times. Businesses can benefit from a similar model.
Companies have a tremendous amount of data that comes in every minute. From customer interactions to sales numbers, you’ve got a lot to keep track of as a business owner. This is where business intelligence platforms can benefit your business by breaking down that data and giving you actionable insights. However, that data is only valuable if it can be integrated into all your business processes. Integration Platforms as a Service (IPaaS) are on the rise for exactly this reason. Let’s take a look at why these models can be so beneficial for your business.
What is IPaaS?
An integration platform-as-a-service is a cloud service that brings all your data, applications, and processes to one central location. This cloud integration takes out the middleware and allows you to create algorithms that can automatically connect new inputs and information. IPaaS can be used in many different instances to connect, migrate, and replicate your information. These flexible solutions transform your data in ways that everyone can understand. You don’t have to be a data scientist or go into different environments to get the right information anymore. Utilize these cloud application connectors to integrate all your business processes.
More data means a greater demand for integration.
IPaaS isn’t the only service that has expanded over the past decade. Software as a Service (SaaS) has also grown to aid businesses with scalability, business intelligence, and predictive analytics. Because so many businesses are using software programs like never before, they have more data than they’ve ever needed to process. More data breeds a need for integration. As you see more and more businesses rely on data analytics, you will see more companies jump on the bandwagon for IPaaS as well. Application integration works with other SaaS so IPaaS solutions become necessary.
Companies want to expand their integration capacity.
It’s not impossible to integrate your programs manually or with traditional algorithms. However, this usually takes much more time and energy than IPaaS will. With data integration solutions, you are utilizing automation to import data and understand patterns. For companies that want to expand their software applications and are focusing on scalability, IPaaS can expand the overall capacity for integration. This allows business users to focus on other tasks while the integration service collects and reports data in a faster time.
Businesses are transitioning to digital platforms.
Another reason why you’ve recently seen an increase in IPaaS is that so many businesses are transitioning to digital platforms. Rather than just relying on storefronts or retail transactions, many companies now rely on e-commerce and have much more data coming in through digital sources.
By prioritizing their digital content, companies can reach new customers and spread their brand on a much larger scale than they ever thought possible. As they take these important steps, it helps to have an IPaaS vendor to help process data needs and integrate systems for these companies to thrive.