“Businesses today use an average of 80+ SaaS apps, which is 10X since 2015” – BetterCloud
If you’re connected to the IT landscape, you would have probably heard the buzzword SaaS.
Before delving into What is iPaaS, let’s get a hold on SaaS.
To understand SaaS, you can unlock your mobile phone and look at any application on it. For instance, Google Drive, Spotify, Practo, WhatsApp, Instagram, Mobile banking Apps, Office 365, or anything of that sort.
A SaaS application enables users to leverage the software to perform specific tasks on-the-fly in a web browser or mobile application. The service provider takes care of maintenance, upgrades, data security & governance, and other behind-the-scenes activities. SaaS applications have different subscription models and tiers based on their service offerings, features, support, etc.
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With the boom in SaaS and cloud-native practices, every team in your organization plays around with best-of-breed applications for their use case. Unfortunately, the wide variety of SaaS applications create operational silos, inconsistencies among data in transit, and a lack of productivity & visibility.
That’s when organizations need to delve into iPaaS – The next-gen solution to streamline your business model.
What is iPaaS? – Unlock productivity with low/no code
Integration Platform as a Service (iPaaS) offers a unified hub to establish communication or integration points between siloed applications, systems, platforms, and data landscapes across organizations & third-party vendors. iPaaS provides the necessary toolsets such as pre-built connectors, maps, transformations, APIs, development kits (SDKs), and much more to establish connections between the systems. iPaaS vendors have made it easier for businesses with drag-and-drop components & low-code functionalities.
With evolving technology, human expectations do change. There is a steep demand for instant solutions among customers, employers, vendors, and other stakeholders. So, it’s paramount for businesses to supply live data, integrate, automate, and render curated user experience across every touchpoint.
iPaaS becomes an integral part of businesses looking forward to adopting cloud and hybrid architecture in the near future.
Now, let’s understand how iPaaS works.
How does iPaaS works? – A sneak peek into the real-world instance
For many businesses, application or system integration is an afterthought. While embarking on digital transformation, businesses are unaware of the application needs that come along the way. Consequently, organizations adopt applications, systems, and infrastructure models initially, and then formulate an integration strategy to connect these components.
Enterprise application integration has come a long way.
- DIY/ Native
- Vendor-built
- Point-to-point
- Enterprise Service Bus
- iPaaS
To understand how iPaaS works, let’s take an example of the KYC verification process in banking apps. The KYC verification process may require your authorized ID proof and e-signature.
In this case, a bank need not build a custom app to accept these digital signatures. Instead, they can integrate their KYC application with “DocuSign” – a third-party application to sign electronically on different devices. By integrating this third-party application using a connector in iPaaS platform, the bank can save a huge amount of money spent on development, resources, maintenance, and other allied costs without compromising on customer satisfaction & automation.
This is one of the potential iPaaS use cases that we deal with in our day-to-day life.
The future of iPaaS
The never-ending growth rate of SaaS apps has laid a clear success pinnacle for iPaaS adoption
iPaaS stands as a one-stop solution with a myriad of business benefits
- A unified hub for business data
- Better communication & collaboration
- Get rid of operational silos
- Real-time data sharing & processing
- Seamless maintenance & monitoring
- Faster time to market
If you’re kick-starting an enterprise application integration journey, it may be daunting to choose the prime iPaaS destination for your business model. Also, before investing huge capital, you need to assess the iPaaS platform with proof-of-concept
Worry not. We’ve got you covered.
Our team of integration experts can guide you from ideation to adoption. We assure you on-time delivery and cost-effective integration solutions for your unique needs.