June 15
Data Management
[vc_row full_width=”1″][vc_column][vc_column_text]Integration is what opens up opportunities for companies to expand their capabilities and improve their existing IT infrastructures. Both iPaaS and API management solutions were designed to serve separate purposes but aimed at the overall business success. In this article, we will compare Integration Platform as a Service vs API management platform to discover whether your business needs both.
Integration Platform as a Service or iPaaS is a cloud-based solution and a set of services used for integration, management, and governance of cloud applications. The iPaaS market size is projected to reach USD 2,998.3 million by the end of 2021. Enterprises use iPaaS to connect on-premise and SaaS applications, enabling their seamless integration and smooth performance. Integration flows can be easily developed and deployed between all of these different systems without the need to install and maintain additional hardware or software for each case.
To succeed in the constantly changing business environment, enterprises need to adopt new technologies, solutions, and tools. iPaaS is aimed to make all of these solutions work perfectly together, thus bringing numerous benefits to companies:
Application Programming Interface or API management is a set of processes, tasks, and tools used to keep control of the APIs connecting apps and data across the organization. Its key goal is to analyze and manage APIs efficiently, thus better responding to the changing customer needs.
An API management platform is a tool used for creating and managing API projects. The platform functionality includes analytics, access control, reporting, and other features to help organizations keep a better track of their APIs. When applying API management strategy, companies get:
Following both iPaaS and API management strategies to avoid any operational inefficiency and improve your business performance can become your one-stop solution for all of your business challenges related to integration. The API management approach based on the developer-centric needs and intelligent iPaaS infrastructures can help companies efficiently manage their workflows, thus providing services better covering their customers’ key needs.
If you want to introduce innovative solutions to your company’s existing environment and drive digital transformation across the entire organization, reach out to the OMI specialists. Our experienced team will evaluate your current business challenges and opportunities and find a perfect solution to cover them all.