
“Organizations choose iPaaS to support rapid integration and automation of SaaS applications with other SaaS and on-premise applications and data sources.

Worldwide iPaas end-user spending is projected to total $5.6 billion in 2022, up 18.5% from 2021. The company says iPaaS is attracting large organizations, along with midsize and small firms, due to its ease of access, versatility, and low initial cost. “iPaaS has moved to early mainstream adoption globally, reaching 20% to 50% of the global target audience who will use iPaaS offerings to integrate not only applications and data, but also ecosystems, APIs and business processes.” “The shift to the cloud is boosting growth in the iPaaS market,” said Yefim Natis, distinguished VP analyst at Gartner. In general, global public cloud services spending is projected to total $498 billion in 2022, an increase of 21% YoY.
#Hype cycle for cloud security 2021 software#
Gartner predicts that 65.9% of application software spending will go toward cloud technologies by 2025, compared to 57.7% in 2022, a shift to which the company attributes the current and growing popularity of iPaaS solutions. Gartner’s “Hype Cycle for Cloud Platform Services, 2022.” Click to enlarge. Such data integration platforms support interoperability between master data tools, data governance solutions, data quality tools, and everything in between. Integrations can be scheduled, started, or stopped, and users can check the status of their applications with monitoring tools. An iPaaS allows users to develop, deploy, execute, and govern applications without extra hardware or middleware, with the goal of a more rapid time to data value.

Organizations commonly use an iPaaS, which is a suite of cloud services that connects applications with data to support the integration of multiple applications that reside on-premises, in the cloud, or in hybrid deployment scenarios. The two technologies are placed on the “Plateau of Productivity” within the Hype Cycle, which is an area representing the mainstream adoption that Gartner says happens when the real-world benefits of an innovation are predictable, broadly acknowledged, and often delivered as out-of-the-box solutions. According to the firm’s “Hype Cycle Cloud Platform Services, 2022,” Integration Platform as a Service (iPaaS) and low-code application platforms will move beyond the hype in less than two years, demonstrating the tangible benefits driving their adoption. Gartner predicts two technologies will play a central role in enterprise data and service integration in the next two years.
