Everyone is in the Software Business
And business leaders will no longer tolerate data being scattered among application silos.
Software has dominated the world of business for many years now. It’s become such an integral part of the business world that 2014 saw a number of high-profile CEOs and notable industry analysts proclaim “every business is in the software business.” So what does that mean?
It means that business systems and corporate data management is no longer just an IT problem, but squarely on the list of top priorities for executive teams. In fact, a recent Forrester Research Report even argues that corporate software assets will be more valuable to the business than financials. The reason? Software innovation and efficiencies are the greatest opportunities for financial gains. For software vendors this is great news- your services are more valuable to your customers than ever before – but it is also a call to action. Businesses can no longer survive with software operating in a silo. They need their business systems to communicate across the enterprise and deliver meaningful insights to a variety of stakeholders. Unfortunately, finding a consistent cost-effective way to give business users access from any device and through one interface to critical data spread across cloud applications and on-premise systems is one of the biggest challenges facing organizations today. In a CIO Magazine article discussing the top trends for data in 2015, IT experts noted that deeper integration of disparate ERP and CRM applications with business intelligence for sound decision making is a paramount priority for businesses. CEO Jeremy Roche at FinancialForce, describes the challenge as an inevitable investment companies need to make in order to be competitive in business “rather than allow vital customer information to be scattered among various pieces of a business.” The solution is iPaaS, Integration Platform as a Service. Ryvit delivers modern integration for software vendors with an iPaaS ecosystem of integrations and applications.