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Today in the business world, it has become paramount to understand, identify, and adopt many new technologies and platforms as possible. It includes iPaaS as well. Enterprises require a whole range of applications to streamline their processes and constantly innovate the offered products.
It will ensure customer experience levels are at an all-time high with efficiency and optimization of operational costs. Building integrations between the solutions and data is where it all begins, and this can be labor-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 iPaaS 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 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:
Fortunately, enterprises can meet these challenges 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. It includes a forms-based Service Connector tool that integrates any API with advanced orchestration design capabilities and ease of deployment.
Top 5 Benefits of iPaaS Integration
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 any delays. A robust iPaaS can integrate APIs for a range of data sources in as little as a few minutes, unlike the traditional ones that take weeks for a single API.
While ESB app integrations would cost quite a bit for the organization, 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 without any high investment up-front.
The main benefit of iPaaS is scalability. Adding new solutions or services and enabling changes to the existing systems with the integration system are easily accomplished with minimal labor and overall cost (including time and hardware). It gives great flexibility for the organization to scale up or down depending on the business demands.
Neutrinos’ low-code app development platform reduces the burden of creating new applications or analyzing large volumes of data. Our low-code/MXDP supports easy development of Minimum Viable Products, websites, and mobile apps, without elaborate development costs. The platform also offers insights on how to create apps with no code.
Dealing with data is one of the main challenges for an insurance company. So does carrying out Big Data Analysis and migrating to the cloud. A study has proved that nearly 90% of all data created over the last few years will move to the cloud, and about 45% of the businesses will integrate some of their data-heavy processes with cloud services. iPaaS technology is native to the cloud, and therefore the integration of high volume, real-time data is easy and seamless.
Neutrinos’ low-code app development platform allows business users to create and deploy advanced apps to automate business processes and increase productivity. Read more about the benefits of our low-code capabilities and solutions here.
Do you want to know more about iPaaS? Are you looking to create low-code apps?