MIAMI--(BUSINESS WIRE)--Over the last year, corporate technology stacks have continued to expand, pushing the adoption of Integration Platform as a Service (iPaaS) solutions.
“As a result, Integration Platform as a Service (iPaaS) solutions have become crucial, providing organizations with a centralized hub to develop integrations, automate workflows, and monitor/manage integrations across disparate systems,” said Senior Analyst Alexander Wurm. “At the same time, businesses are looking to reduce costs with the rise of no-code and low-code tools, and iPaaS solutions that offer extensive functionality while remaining user-friendly for non-technical users have seen significant growth in adoption.”
To sustain adoption and remain competitive in 2023, iPaaS vendors have focused investment on features and capabilities that align with these emerging needs. A main area of focus has been the development and integration of machine learning technologies to monitor and manage APIs, support data quality solutions, and automate workflows.
Leaders in this year’s Value Matrix deliver advanced functionality. They include Boomi, Infor, Informatica, TIBCO, Tray.io, and Workato.
The Experts in this year’s Value Matrix are organizations that deliver value through deep functionality and industry-specific capabilities. They include IBM, Microsoft, MuleSoft, and Oracle.
Facilitators in this year’s Value Matrix deliver value through greater ease of use and quick implementation. They include SnapLogic, Talend, and Zapier.
Core Providers tend to deliver core capabilities at a low price point. This year’s Value Matrix Core Providers include Cloud Elements, Jitterbit, and SAP.
To download the full 2023 iPaaS Technology Value Matrix, click here.
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