iPaaS, or Integration Platform as a Service, is an innovation that has become essential for software development. The adoption and innovation in the iPaaS market is astounding.
In this article, we cover the gamut of vendors in iPaaS to guide you make the best choice for your particular use case.
Based in the cloud, an iPaaS is a vendor-managed integration solution. It’s designed so you can connect your databases, systems and favorite apps easily, all while helping you monitor ongoing data feeds, metrics and overarching business processes.
iPaaS is also:
An iPaaS reduces the confusion of juggling multiple software tools and other data assets. Instead, a single and highly customizable platform is put into action – all while highlighting transparency in workflows and clearly showing which systems are connected to which, and how.
Depending on how you many endpoints you, data flow volume, and the amount of computing, bandwidth, and storage you need, different vendors offer better pricing.
For example, if you're unsure about the infrastructure demand your integrations will have, you may be better paying per task with a vendor like MuleSoft.
The iPaaS features provide:
To choose the right vendor, the mix between features offered and price needs to be found. For example, having a vendor that offers support for B2B/EDI-type integrations is critical for enterprises that work with trading partners.
The right iPaaS provider for you is usually determined by the complexity of your data exchanges, mix of connectors, compliance requirements, and pricing.
Get recommendations on the vendor that will work best for you in our resource.
To check out some of the individual iPaaS products on the market, see the list below:
For companies already using MuleSoft considering a switch, it's always a challenge given how deeply integrated it becomes with your stack and we don't recommend it in most cases.
However, MuleSoft can get very pricey, and some vendors offer more features like an embeddable iPaaS for your product.
If you’re looking for any vendor that you can integrate and manage APIs with, check out our list of iPaaS vendors.
Workato is an exciting iPaaS vendor that has a cloud-based workflow automation tool that enables secure integrations and complex business logic. It offers best-in-class features for:
Choosing the iPaaS vendor can save your IT team and integration developers time and keep your integration costs manageable.
Newer offerings like Workato and Tray.io are challenging earlier players like Mulesoft and Boomi, leaving many IT leaders wondering which vendor suits their use case best.
Many of these vendors will do an excellent job offering a combination of low-code tools, API integration, and pre-built recipes. However, at times there can be hidden “gotchas” that get revealed once you're at scale. In our comparisons listed below, we cover the pros, cons, and gotchas that should influence your iPaaS vendor decision.
Our most popular comparison pages are:
The Integration Platform as a Service (iPaaS) market size is projected to grow massively, from $3.7 billion in 2021 to $13.9 billion in 2026. This is due to the increased adoption of multi-cloud and hybrid infrastructure. With time, more large enterprises opt for iPaaS to allow for easier operations, as employees can access real-time data from the cloud.
Azure Integration Services announced that Microsoft had joined Forrester Wave as a leader for iPaaS. Azure, which also offers Logic Apps, API Management, Event Grid, and Service Bus, helps customers connect applications and data while offering services on-location and in the cloud.
Several companies are already adopting iPaaS and receiving all the assistance they need to build workflows and integrate applications without writing codes or scripts. Unfortunately, a market study by IDG and Team Dynamix revealed that this is not the case for 89% of companies.
Further, the researchers examined the opportunities and challenges of enterprise automation and integration.
89% of companies admitted a backlog in their data integration, regardless of whether they were handled internally or by third parties.
Software AG released updates to webMethods.io, its iPaaS, with the primary focus on data-driven insights and automation features. The new automation features include:
The updates to Software AG will be highly beneficial to insurance companies in tailoring offers to their customers after a comprehensive analysis of their data and products. It will also come in handy for retailers looking to leverage and combine data and energy companies seeking to benefit from monitoring energy consumption to react quickly to shifting trends.
