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Cloud & Automation: Changing CSPs’ OpEx outlook
“As enterprises grapple with the influx of applications catalyzed by the growing volume and complexity of data, the importance of integration becomes evident. Residing in the cloud, iPaaS emerges as an impactful solution to automate real-time integration across diverse platforms.”
In a rapidly evolving technology landscape, organizations are constantly seeking newer avenues to maximize growth, and customer impact. With an interconnected landscape, supplemented by the transition to Industry 5.0, seamless data exchange and application integration emerge as critical drivers for success.
As enterprises grapple with the influx of applications catalyzed by the growing volume and complexity of data, the importance of integration becomes evident. A 2022 MuleSoft survey highlights that despite creating more applications, less than one-third of IT leaders integrated these, leading to data silos and operational inefficiencies. The need for effective integration is underscored by the challenges of rising costs, work duplication, and productivity bottlenecks.
The world of integration has steadily evolved from EDI and P2P solutions to ESB, RPC, and APIs. The advancements in SaaS (Software-as-a-Service) technologies have led to iPaaS (Integration Platform as a Service) becoming an integration solution of choice for complex architectures spanning the cloud and on-premise environments.
This whitepaper identifies key triggers prompting organizations to adopt iPaaS today, some of which include digital transformation, modernizing integration stacks and patterns, leaner IT teams, and budget constraints. iPaaS addresses these triggers effectively by presenting a user-friendly, cost-effective, and a hybrid modular solution built to scale. Residing in the cloud, iPaaS emerges as an impactful solution to automate real-time integration across diverse platforms. Notably, Fortune Business Insights projects the global data integration and integrity market to reach US$30.21 billion by 2030, reflecting the rising interest in iPaaS solutions.
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