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Top Five Benefits of iPaaS

In today’s world of business, it has become paramount to understand, identify and adopt as many new technologies and platforms as possible. This includes iPaaS as well. Enterprises require a whole range of applications to ensure their processes are streamlined, and there is constant innovation when it comes to products offered. These in turn will ensure customer experience levels are at an all-time high along with efficiency and optimisation of operational costs. Building integrations between the solutions and data is where it all begins, and this can be quite labour intensive and costly.  

At this juncture, it would be imperative to mention how Integration Platform as a Service (iPaaS) can turn things around completely, empowering users to connect applications without any coding, and one can even generate APIs for the app integrations in a few minutes.  Before diving deep into the world of iPaaS, let us start with the definition. 

Gartner defines it as “Integration Platform as a Service (iPaaS) is a suite of cloud services enabling development, execution and governance of integration flows connecting any combination of on-premises and cloud-based processes, services, applications and data within individual or across multiple organizations.”

iPaaS is a cloud-based approach to connecting data and applications. The biggest advantage of iPaaS is it facilitates easy synchronization of the various aspects of the business much faster and far more efficiently than traditional solutions like ESB (Enterprise Service Bus).

While scaling up with iPaaS entails a few challenges such as: 

  • Maintaining high availability and performance from connectivity
  • Loss of messages or platform crashing in case of any hiccups with the  application[s]
  • Changes in integration leading to latency and the potential for slowdowns or downtime.
  • Glitches when integrating with AI systems and
  • Ensuring architectural & overall  agility to name a few

Fortunately, these challenges of scaling the iPaaS can be addressed with ease by pairing the iPaaS platform with a robust, enterprise-grade, cloud-native system that can handle multiple end-points across any environment.

Neutrinos’ iPaas supports the next generation of integration platform as a service (iPaaS) integration patterns. Cloud Application Integration (CAI), offered by IICS, provides a unified development environment and a breadth of functionality that guarantees superior ease of use, including a forms-based Service Connector tool that integrates any API with ease, advanced orchestration design capabilities, and ease of deployment.

The top five  benefits of iPaaS integration:

  1. Fast & Easy Integrations
    Unlike the traditional ESBs and other integrations that involved high levels of coding, along with complex IT infrastructures, with  iPaaS, the integration between the  applications [even on-premise apps & cloud services] can be done seamlessly without much delays.   A robust iPaaS can integrate APIs for a range of data sources in as little as a few minutes when compared to the traditional ones that took weeks for a single API.  
  2. Cost-Effective Integrations
    While ESB app integrations would cost quite a bit for the organisation, iPaaS can manage the same level of connections for a fraction of the fee. The company needs to pay only for the service level they require and no large investment up-front is required.  
  3. Agile & Flexible Scalability
    The biggest benefit of iPaaS is with reference to scalability. With the integration system in place, adding new solutions or services, making changes to the existing system are all easily accomplished with minimal labour and overall cost [time and hardware included]. This gives  great flexibility for the organisation to scale up or down depending on the business demands.
  4. Low-Code Application Programming
    Neutrinos with their low code development platform solution reduces the burden associated with creating new applications or analysing large volumes of data. Our low-code/MXDP supports easy development of  Minimum Viable Product, websites and  mobile apps,  without elaborate development costs.  The platform also offers insights on how to create apps with no code.  
  5. Real-Time Integrations
    Dealing with data is one of the key challenges for an insurance company. So does carrying out Big Data Analysis and migrating to the cloud.  Study has proved that nearly 90% of all data created over the last few years will move to the cloud along with about 45% of the businesses integrating some of their data heavy processes.  iPaaS technology is native to the cloud, and therefore integration of high volume, real time data is easy and seamless. 

To know more on iPaaS, reach out to us

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