Workato Identified as a Leader in The Aragon Research Globe™ for Transformation Platform as a Service (tPaaS), 2023 Report

Vendors are evaluated based on completeness of strategy, performance, and reach

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Workato, the leading enterprise integration and automation platform, today announced it has been identified as a Leader in The Aragon Research Globe™ for Transformation Platform as a Service (tPaaS), 2023¹ report by Aragon Research, Inc. This acknowledgment is a significant milestone for Workato’s integration and automation platform in the emerging Transformation Platform as a Service (tPaaS) space. In this report, Aragon Research Globe™ highlights what it means to support business transformation, explores their market definition for the tPaaS market, and identifies a cross-section of vendors that are focused on delivering services to support this market.

Workato enables enterprises to automate their business processes across the organization by integrating their applications, data, and experiences. Designed with best-in-class security and governance, scalability, performance, and availability, Workato’s low-code, no-code platform makes it easy for IT and business teams to integrate their applications and automate their processes, drawing from thousands of automation “recipes” built by the Workato community. With Workato’s democratized approach to automation and integration, business technologists are empowered to fuel their organization’s digital transformation.

“We are honored to be named a Leader in The Aragon Research Globe™ for Transformation Platform as a Service report, which we believe confirms our continued commitment to helping enterprises scale and speed up their transformational programs,” said Vijay Tella, Co-founder, and CEO at Workato. “In today’s business climate, automation and integration have become a top priority and investment. Workato provides the necessary tools and solutions that all enterprises look for when beginning a digital transformation journey. With our focus on security and governance, paired with a single unified platform, enterprises of any size are able to democratize complex projects and shift focus to drive business outcomes at scale. We are proud of the hard work our team has dedicated themselves to over the past year to help push businesses into the new automation era.”

As stated in the report, the tPaaS market is defined as, “the set of providers of cloud services that specifically enable customers to reimagine and transform their business by providing business modeling and process modeling capabilities, critical digital business services (business architecture and design services, embedded AI, advanced analytics, automation), and integration services to new and emerging technologies (IoT, robotics, connectors, etc.).” The report looks at three key areas when evaluating vendors: strategy, performance, and reach. The research methodology provides a graphic representation of the highs and lows of each vendor mentioned in the report, separating them into four types of technology providers: Leaders, Contenders, Innovators, and Specialists.

This announcement follows a year of milestones for the company which includes being recognized as a CNBC Disruptor, launching the first Automate World Tour, and releasing two industry reports, The Work Automation Index and the vendor-neutral State of Business Technology Report. In addition to being named in Aragon’s latest Globe, Workato also secured placement on the Deloitte Technology Fast 500 and Forbes Cloud 100 rankings.

Access a complimentary copy of the report here and to learn more about Workato, visit www.workato.com.

Aragon Research does not endorse vendors, or their products or services that are referenced in its research publications and does not advise users to select those vendors that are rated the highest. Aragon Research publications consist of the opinions of Aragon Research and Advisory Services organization and should not be construed as statements of fact. Aragon Research provides its research publications and the information contained in them "AS IS," without warranty of any kind.

About Aragon Research

Aragon Research is an independent research and advisory firm that provides business and IT executives with the actionable insights they need to navigate technology's ever-evolving impact on business. Headquartered in Morgan Hill, CA, Aragon Research works with executives at every major level of the business and across industries to give them the tools they need to make more informed technology and strategy decisions. Aragon delivers high-impact advisory, research, and consulting services, and has a proven team of veteran analysts. For more information, visit www.aragonresearch.com.

About Workato

The leader in enterprise automation, Workato helps organizations work faster and smarter without compromising security and governance. Built for Business and IT users, Workato is trusted by over 17,000 of the world's top brands, including Broadcom, Intuit, and Box. Headquartered in Mountain View, Calif., Workato is backed by Altimeter Capital, Battery Ventures, Insight Venture Partners, Tiger Global, and Redpoint Ventures. For more information, visit workato.com or connect with us on social media:

• Blog: https://www.workato.com/the-connector/
• Business Systems Community: https://systematic.workato.com/
• Twitter: http://www.twitter.com/workato
• LinkedIn: https://www.linkedin.com/company/workato

¹Aragon Research “Aragon Research Globe™ for Transformation Platform as a Service 2023” by Betsy Burton, April 20, 2023.