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?<!--read_more-->
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.
Integrations are taking more than just the software industry by storm. Companies in every industry are demanding data be able to flow across different software and different applications. Integrations can heavily increase efficiency and gain a competitive edge through streamlined operations. Companies need to stay away from deploying integrations that will stand alone in a silo in order to reap as many benefits as possible. This means integrations need to be intelligent. The main integration types today are iPaaS, aPaaS, and SaaS.<!--read_more-->
Before we dive into how iPaaS, aPaaS, and SaaS are all different, let's break down what each means. iPaaS stands for integration platform as a service. aPaaS stands for application platform and a service. SaaS stands for software as a service. Each of these serves a different purpose.
aPaaS allows for rapid application development and delivery. This form has high productivity and high control. The coding process for platforms as a service can slow down delivery, but aPaaS brings automation for the application lifecycle. aPaaS offers a faster way to build apps.
SaaS has a main difference of being hosted by a vendor where iPaaS is cloud-based. Applications that are on-premise hosted can be integrated and allow for free flow of data. The application or service is made available to customers over a network, usually the internet.
iPaaS is a cloud-based integration solution, unlike SaaS which is hosted by a vendor on-premise. It iPaaS allows applications that reside on the cloud or on-premise to integrate and have data flow freely between them. It does not need any download, it is simply deployed. This is the most balanced offering because it can bring differently hosted software solutions or applications together.
iPaaS+™ is a cloud-based integration solution, but it also offers business intelligence and reporting. iPaaS+™ has an ecosystem available that allows applications built to integrate with all other application in the ecosystem. Partners are able to leverage the power of multiple business essential applications through this ecosystem.
Choose the integration type that will best serve your company in the long run. Find the right vendor can be difficult, but read this for help.
To experience the iPaaS+™ difference and learn more, contact Ryvit.