Traditional iPaaS is not as effective as it could be. Many organizations still end up with poorly designed APIs. Check out iPaaS shaping next-generation’s utility.
As we all have witnessed, the pandemic has forced the world to undergo digital transformation at a very high pace, in order to survive.
All the industries are going digital. So, in such a case, how can the energy and utility industry miss the trend? Even energy and utility companies are striving hard to transform into more digital and data-driven businesses that are customer-centric in their operations. The costs, numerous tools, complexities, and skill sets needed to integrate the landslide of data in disparate legacy and cloud systems can be challenging to implement and maintain, in that case, these utility companies can look at iPaaS, and companies that provide iPaaS.
What is iPaaS or Integration-Platform-as-a-service?
Integration platform as a Service or iPaaS delivers a cloud service for data, process, applications, and service-oriented architecture (SOA) integration layout. It is a multi-tenant platform that supports cloud-to-on-premise, cloud-to-cloud, on-premise-to-on-premise, and also B2B integration. It also helps real-time integration and scales to meet the high-volume demands of mobile, extract, transform and load and electronic data interchange environments. Boomi introduced the first iPaaS of the industry in 2008.
How can companies that provide iPaaS help?
The premise of Integration-Platform-as-a-Service (iPaaS) is simple, you need to pay a monthly fee to vendors, and in return, they will handle the complex integration tasks from backstage. They will sync on-premise applications and data to the cloud, manage APIs, and make sure that the business tools can interact with each other without any issues.
As a cloud-based iPaaS company, Boomi, a Dell Technologies business, eases the integration of your applications and data without the cost and complexity of traditional middleware or custom coding, resulting in various benefits such as, drastically cutting the time and cost of integration, implementing integration projects in days or weeks, instead of months, and gaining real-time insights across the business.
iPaaS shaping up the next-generation’s utility?
More and more utility companies have started moving towards iPaaS vendors to obtain better software integration and results. Large U.S. utility is achieving data transformation and business results leveraging Bhoomi.
iPaaS service providers solve all the complexities and issues when it comes to integrating applications. A clear benefit is the availability of domain-specific and pre-built integration content like data flow, connectivity, or APIs in iPaaS solutions. This lets utility businesses skip the laborious task of developing orchestrations or APIs and writing integration code by hand.
With so many precise benefits offered by iPaaS, a huge number of utility businesses have started using it or planning to use it in the near future.
Check Out The New Martech Cube Podcast. For more such updates follow us on Google News Martech News
ABOUT THE AUTHOR
Content-Editor at MartechCube
Chandrima is a Content management executive with a flair for creating high quality content irrespective of genre. She believes in crafting stories irrespective of genre and bringing them to a creative form. Prior to working for MartechCube she was a Business Analyst with Capgemini.