Integration Platform as a Service (IPaaS) is a new generation of cloud-based solutions that facilitate the integration of applications, processes, and data across systems that reside both in the cloud and on-premise.
Organisations of all sizes are increasingly moving their operations to the cloud.
The reality today is that, for most businesses, there is no single solution or application that meets all of their business needs. Traditional ERP systems like SAP cover a broad range of business requirements, but increasingly the market is widening with companies who are offering truly ‘best of breed’ cloud based solutions for CRM, Procurement, HCM, eCommerce.
As a consequence the emphasis is shifting away from the traditional approach of configuration, development and enhancement of a single application or solution towards the integration of class leading applications and solutions.
IPaaS has grown out of a desire to simplify integration and make it easier, faster, and cheaper to deploy applications from a number of different providers, enabling flexible and seamless integration of cloud applications with traditional on-premise systems and data.
Gartner Inc. predicts that 35% of large and mid-sized enterprises will be using some type of IPaaS solution within the next couple of years
Integrating SAP and the major class leading cloud applications such as SAP and Salesforce, Coupa and other niche applications are now available as ‘out-of-the-box’ solutions using an iPaaS. This gives some obvious advantages in terms of speed of deployment and development cost savings, but there are other savings to be made by implementing an iPaaS – both initially and ongoing.
An IPaaS solution such as the MATRIX Cloud Platform has the potential to offer significant savings around SAP integration. Take a look at our infographic which looks in more detail at the cost savings you can realise through implementation of a cloud-based integration solution.