Cloud Integration Market Growth, Forecast and Value Chain 2014 - 2020: Fmi Estimate

Cloud integration also known as IPaaS (integration platform as a service) is a process in which multiple application programs (such as ERM, CRM, business process management, DBMS, e-mail, web-conferencing etc.) and data are configured together in order to communicate with each other via cloud bases services. Cloud integration service is especially designed to help an enterprise to understand the availability of various cloud services and how these services can be efficiently used to benefit its business. Cloud integration is typically equipped with drag and drop tools, in-built connectors, maps and business rules, which improve its efficiency in processing various operations. Cloud integration can be classified into two categories such as internal integration and B2B (business to business) integration.

In traditional middleware requirement of extremely technically skilled staff, high implementation cost, and time consumption are some of the major drawbacks. On the other hand, cloud integration offers low total cost of ownership, ability to add new services emerging in the dynamic environment, set of connectors, device and independent access to personal data. In additional, cloud integration solutions also help end-users in improving order accuracy, reducing time required for various operations and improve operational effectiveness and efficiency. Moreover, it also helps companies to boost their market share by providing real-time customer services and attract new customers across the world, and achieve competitive advantages as well.

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In past few years cloud integration market has grown radically in government and corporate sectors owing to various benefits it offers such as real-time access to personal data for any device anywhere, integration of personal data like contacts and calendars with different application programs, avoids data redundancy, and automation of...