How Does Integrated Platform as a Service Ensure Data Security and Compliance in Integration Workflows?
Author : Priyanka | August 31, 2023
The rapidly developing integration Platform as a Service (iPaaS) market is boosted by the need of organizations across industries for quick innovation, operational efficiency, and delivery of data-driven strategies.
According to a recent report by Kings Research, the global Integrated Platform as a Service Market is projected to reach USD 61.67 billion in revenue by 2030, growing at a CAGR of 32.47% from 2023 to 2030.
So, let’s step into the cloud of iPaaS, and explore what it offers to the technologies and which leading companies are leveraging its benefits.
How Will iPaaS Enable Digital Business Transformation?
iPaaS, or integrated Platform as a Service, is a cloud-based self-service solution standardizing how apps are linked. It is also known as cloud-based integration or cloud integration.
Business technologists, professional developers and citizens, consultants, and integration specialists can all employ iPaaS solutions out of the box to design integration flows for data sharing within or across organizations.
Organizations can use iPaaS solutions to integrate various data, applications, business operations, and services, whether hosted on-premises, in a personal cloud, or a public cloud environment.
DevOps, IT, and business groups can also use iPaaS to easily construct connectors and enable real-time updates throughout the company's application estate and ecosystem.
Top 4 Leaders Driving the Future of Integrated Platform as a Service (iPaaS)
Technology forerunners are prominently leveraging integration platform as a service to fuel their businesses. Here’s a look at the top 4 firms in the sector:
Tech behemoth Google recently announced the public availability of an independent Integrated Platform as a Service (iPaaS) known as Application Integration. This platform assists customers in visually connecting their applications without the need for coding.
The company has enhanced the integration features of Apigee API Management. However, due to customer demand, a separate product has been introduced to provide direct access to application integration on the Google Cloud, eliminating the requirement for Apigee.
The product, according to the company's description, is a cloud-native solution that enables customers to streamline their business operations by easily connecting various applications, including both internally developed and third-party SaaS solutions, through a user-friendly configuration interface. This product provides the following benefits:
- An easy drag-and-drop interface that enables users to create bespoke integration patterns by dragging and dropping specific control elements (such as edges, forks, and joins)
- A connector library of over 75 pre-built connectors to any Google Cloud service or third-party application (such as MongoDB, Salesforce, or NetSuite)
- A collection of built-in triggers that allow users to run integrations on an API call, Salesforce event, Cloud Pub/Sub event, or other events, or by utilizing Cloud Scheduler
- A Data Mapping Editor with extensive mapping capabilities
Microsoft
Azure Logic Apps, developed by Microsoft, is a top-tier integrated Platform as a Service (iPaaS) that operates on containerized runtime settings. By implementing Logic Apps in various locations, you can achieve greater scalability, flexibility, and automation of essential business workflows.
This platform allows:
- Integration modernization
Migrate your BizTalk Server applications to Logic Apps using the BizTalk migration tool to bring them up to date.
- Hybrid connectivity
Establish seamless and secure integration between cloud-based and on-premises solutions by connecting your virtual networks with logic apps.
- Container deployment
Utilize containerization to efficiently deploy and operate your applications in various environments, including the cloud, on-site, or locally, while leveraging Azure Virtual Network connectivity.
- Seamless DevOps
Utilize the best practices of CI/CD in your workflows and leverage the integrated tools to ensure smooth and secure deployments.
Oracle
The integration services provided by Oracle, the Oracle Cloud Infrastructure (OCI), offer a complete solution for linking enterprise data, APIs, and applications across distributed cloud networks. By automating industry-specific business functions and enabling seamless access for any application, data, or device, the platform allows companies to speed up digital transformation activities.
This integrated Platform as a Service solution lays the groundwork for companies' AI-powered automation and connected data ecosystem plans. OCI integration services help clients develop quicker, continually deliver new services, and cut costs by facilitating the flow of timely, reliable information across organizations and external partners.
Furthermore, it assists thousands of customers in automating routine tasks and securing their data silos across any SaaS, on-premises, or custom system. Monthly updates depend on direct client feedback and priorities. Oracle's worldwide presence and network of over 10,000 partners provide customers with local experience to help them accelerate project delivery and reduce risk.
Boomi
Boomi's award-winning, pioneering cloud-based iPaaS enables businesses to locate, manage, and produce data while connecting various apps and procedures, providing better and faster outcomes.
The universal integration platform quickly expands to include B2B and EDI partners, enables API-integrated integration into new business benefits, and integrates and connects people to workflow automation, ensuring your data is synchronized, reliable, and easily discoverable.
Boomi's self-managing, self-scaling, single-instance, multi-tenant architecture eliminates the need for costly, time-consuming maintenance that is typically associated with multi-instance architectures. This unrivaled collection of crowd-sourced integrations acts as the self-learning foundation for industry-leading intelligent assistance.
How Integrated Platform as a Service is Revolutionizing Internet and Technology
iPaaS is revolutionizing the internet and technology sectors globally by providing a cloud-based service for connecting various applications, systems, and technologies within a unified environment. This technology streamlines operations, enhances productivity, and drives innovation by simplifying processes and improving efficiency. It drives digital transformation by enabling businesses to migrate operations to the cloud, benefiting small and medium-sized enterprises (SMEs) that often lack the resources to invest in expensive, on-premise solutions.
iPaaS also fosters innovation by facilitating the development of cutting-edge applications, particularly in the Internet of Things (IoT) sphere. Its impact extends beyond the business world, as it revolutionizes the public sector by enabling governments to improve their services and operations. Its integration capabilities are helping various government systems and databases by improving data sharing and collaboration among agencies.
Moreover, iPaaS is playing a crucial role in the healthcare sector by facilitating the integration of various healthcare systems and technologies, enhancing patient care and telemedicine. As integrated Platform as a Service continues to evolve and mature, its impact on the internet and technology sectors is likely to grow even further, making it a key driver of the digital economy.
How will iPaaS Shape the Future of Integration Solutions?
The future of iPaaS (integration Platform as a Service) holds promising developments such as full development lifecycle coverage, enterprise-class integration, digital business transformation, automation, AI integration, multi-function iPaaS, market growth, and potential consolidation.
The future of iPaaS appears to be shaped by the continuous expansion and innovation of major iPaaS providers. However, as research & development expands, more and more inventive solutions with novel concepts may emerge.