Integration Platform as a Service Market

Dell Boomi, Inc. and Informatica Corporation are leading players in Integration Platform as a Service Market

The Integration Platform as a Service (iPaaS) allows end users to develop, execute, and control integration flows consisting of on-premises and cloud-based processes, applications, services, and data across single or multiple enterprises. The platform facilitates real-time integration and provides scalability to meet the high-volume demands of Small and Medium Enterprises (SMEs) and large enterprises. MarketsandMarkets estimates the iPaaS market to grow from USD 528.0 Million in 2016 to USD 2,998.3 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 41.5% during the forecast period. The iPaaS facilitates the integration of complex and heterogeneous cloud environments, which has resulted in rapid growth of the market

The key players in the iPaaS market are Dell Boomi, Inc. (Berwyn, Pennsylvania, U.S.), Informatica Corporation (Redwood City, California, U.S.), MuleSoft, Inc. (San Francisco, California, U.S.), IBM Corporation (Armonk, North Castle, New York, U.S.), Oracle Corporation (Redwood City, California, U.S.), SnapLogic, Inc. ( San Mateo, California, U.S.), Celigo, Inc. (San Mateo, California, U.S.), Jitterbit, Inc. (Alameda, California, U.S.), Scribe Software Corporation (Manchester, New Hampshire, U.S.), DBSync (Brentwood, Tennessee, U.S.), Flowgear (Johannesburg, South Africa). These players have adopted various strategies such as partnerships, agreements, & collaborations; mergers & acquisitions; and new product developments to achieve growth in the global iPaaS market.

Dell Boomi, Inc. is an eminent player in the iPaaS market. Its focus has been on enhancing its iPaaS product portfolio, which helps it to generate higher revenues from various industry verticals and stay updated with the changing market requirements. The company provides flexible, low-cost, scalable, and easy-to-use iPaaS services. Dell Boomi offers AtomSphere, an integration cloud that connects different combinations of Software as a Service (SaaS), Platform as a Service (PaaS), cloud, and on-premises applications. The company also provides Application Programming Interface (API) management, professional services & support, training, & consulting services. In March 2015, Dell Boomi introduced a full API lifecycle management that supports all major integration use cases, Master Data Management (MDM), and API management. This single platform enables organizations to create, publish, and centrally manage APIs on-premises or in the cloud. In September 2016, Dell Boomi partnered with Microsoft to support connectivity for Microsoft Cortana Intelligence Suite, cloud-based big data, advanced analytics, and machine learning platform to transform data into intelligent action. Dell Boomi’s AtomSphere iPaaS with Cortana Intelligence Suite would enable enterprises to make informed, data-driven decisions with transitioning to hybrid IT environments of cloud-based and on-premises applications.

Informatica Corporation is another top market player catering to the iPaaS market. Informatica’s business strategy mix includes partnerships, collaborations, acquisitions, and new product launches. It has launched iPaaS services to sustain in the highly competitive iPaaS market. Enterprise-Class Integration Cloud and Informatica Cloud are some of the important products of the company that satisfy the business requirements of cloud integration. Enterprise-Class Integration Cloud is an iPaaS for cloud data, application & process integration, cloud data quality, cloud data masking & security, and cloud mastering. With this new product, companies can easily translate their business data into business value across lines of business and serve their customers more effectively. In March 2016, Informatica expanded its business in Japan by offering the cloud data integration solution, Informatica Cloud. The expansion would enable enterprises to overcome the increasing data fragmentation by integrating data across SaaS applications in cloud-based and in-house systems while maintaining data accuracy and integrity and allowing users to access required data anytime and anywhere.

Related Reports:

Integration Platform as a Service Market by Service (Cloud Service Orchestration, API Management, Application Integration, B2B and Cloud Integration, Data Integration), Deployment, Organization Size, Vertical, & Region - Global Forecast to 2021

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