08 Oct Why iPaaS and API #5: The benefits of iPaaS
by Milind Bhalekar
The iPaaS market is growing more and more every year, estimated to be worth 1.9 billion this year and reach 10.3 billion by 2025, a CAGR of 40.4 percent in just five years. And there’s a good reason for that growth: iPaaS solves many longstanding obstacles and pain points for organizations in multiple industries. It’s an enterprise dream for managing data smartly, securely, and with scale.
To further build the case for iPaaS as the solution of choice, I’ve compiled a list of just ten of the many benefits iPaaS platforms provide, as well as a brief explanation for how each of these advantages works seamlessly with the rest of your organizational workflows:
1. Standardization of interface
Standardized interfaces through iPaaS give you invaluable support for protocols and transports.
2. Ubiquitous connectivity
Ubiquitous connectivity means that the iPaaS solutions create space for seamless integration to both on-premise and cloud applications.
3. Cloud and high-performance messaging
iPaaS comes with intuitive support for native and pluggable messaging products.
4. Containerized deployments
Containers such as Docker allow an application to run reliably on any computing environment. These containers can be automated, managed, and orchestrated through a platform like Kubernetes, which provides scalability and elasticity to runtime applications.
5. Support for orchestrations
iPaaS encourages the transformation of business logic, supporting orchestrations.
6. Service virtualization and Protocol Abstraction
You can perform abstraction of transport/protocol without code change and virtualization of physical service through proxy service, creating a loose coupling between services.
7. Secure and robust
Security breaches can put companies out of business. As companies move to cloud and SaaS platforms, iPaaS provides a standard-based, out-of-the-box security to secure your endpoints and APIs with robust access control.
Thanks to the clustering done in iPaaS, your integration and data strategy will be more scalable for your business’ growth trajectory.
9. High availability
Clustering, along with load balancers, helps with high availability of the services. True iPaaS platforms not only support clustering but also provide a disaster recovery strategy to make sure your applications are always available when your customers need them.
iPaaS creates a corporate culture of transparency and visibility, meaning your processes will be streamlined, bottlenecks will be identified, and data redundancies can be eliminated easily.
With the rise of products in CRM, ERP, HRM, and others, it has become necessary to integrate these products to have a complete view of your customer’s data and provide them with the level of service they expect. Using iPaaS will ensure that your data is made available with lightning speed by unlocking it from the silos and giving you the power to understand your customers. And with that, you can provide innovative products and services with a seamless customer journey like never before.
Join me next week, where I’ll dig deeper into an iPaaS solution’s technical features and what they do for you.
Milind is Simplus’ VP of Market Strategy and a leader in data integration strategy. Milind serves as Simplus’ strategic liaison for the MuleSoft and Simplus partnership, creating opportunities for joint engagements and growth. With over 21 years of experience in driving transformation for large clients, Milind spearheaded various digital integration products for a large GSI firm. As a practice leader, he successfully built large, multi-million-dollar, fastest-growing practices around integration products, such as MuleSoft, from scratch. Before that, Milind was part of product development companies, helping them in their design and architecture of product development and presales areas.