Research and Markets, in its report, has mentioned that large companies with around 10,000 employees are generating more than 10 million dollars a year with the help of iPaaS. You must be wondering how a simple technology like application integration is helping businesses maximize profits. The answer is by accelerating digital transformation.
Let us now see how iPaaS is helping large companies generate millions of dollars by speeding up the digital transformation process. Before that let us, in brief, understand what is digital transformation.
What is Digital Transformation?
WhatIs.com explains digital transformation in the simplest possible terms. According to the online publication,
“Digital transformation (DX) is the reworking of the products, processes, and strategies within an organization by leveraging current technologies.”
This explanation makes it crystal clear why iPaas and digital transformation go hand-in-hand. iPaaS is one of those key technologies which enterprises are utilizing to save time spent on repetitive but crucial tasks like calculating leaves and processing salaries every month. Have you ever imagined the amount of time Accounts and HR teams save when salary processing is automated? If your answer is no, then you must immediately sign up for our FREE Individual Plan and test workflow automation yourself.
How Does iPaaS Accelerate Digital Transformation?
For successful digital transformation, the following are some key requirements:
1) Quickly adapt to the latest technologies
2) Have all the scattered data integrated into one place
3) Speed up the processes
This can be easily achieved using iPaaS. Now, the next question is,
In layman's language, iPaaS is a platform which helps the user connect applications deployed in the cloud and/or on-premise, allowing the seamless flow of data between them. In short, it integrates data by letting two or more apps communicate with each other, to better understand the user's needs. Apart from this, it also offers a plethora of benefits like:
1) Greater Productivity
Since workflow automation saves a lot of your staff’s time, which was earlier spent on repetitive tasks, the productivity multiplies.
2) Improved Decision Making
As mentioned above, iPaaS helps companies gather all the scattered data in one place. This allows the decision makers to stay updated about what is happening, where it is happening and when it is happening. The data received is real-time, making it easier to analyze all the information required to draw conclusions and eventually, make the right decision.
3) API Management
iPaaS gives enterprises a single platform to manage their APIs. Along with management, iPaas platform also allows companies to create and deploy APIs while adding new tools as well as functions, as and when required.
If you are considering a strategy revamp for your company which is in-line with digital transformation, then iPaaS is the technology you must adopt. Still not sure whether you need it? Try our FREE INDIVIDUAL PLAN to understand how iPaaS can help you bring digital transformation in your company as well as relieve the workload, and at the same time, multiply profits.