In today’s high-pressure digital economy, organizations are in search of the most time- and cost-effective ways to tackle their data and application integration and automation challenges. That’s why integration platform as a service (iPaaS) has gained immense popularity in recent years. By connecting different applications and systems in a single platform, iPaaS can help streamline business processes, increase efficiency and reduce costs. Interestingly, one crucial factor that organizations often overlook is the return on investment (ROI) of their iPaaS solution. Until now.
Nucleus Research conducted a thorough evaluation of Informatica iPaaS, a service of Intelligent Data Management Cloud™ (IDMC), through customer interviews. The goal? To better understand the potential long-term profitability of investing in our product. The Nucleus Research report establishes a comprehensive framework that assesses the costs, benefits and risks associated with real-world use cases.
Here are some key findings:
- 413% average ROI
- 4-month average payback period
- $ 2,201,369 average annual benefit
- 64% faster time to live for new integrations
Let’s dive into the data to uncover how Informatica iPaaS can positively impact your bottom line.
4 Key Benefits Realized by Informatica iPaaS Customers
The report found that organizations using Informatica iPaaS experienced benefits across several areas, which were largely dependent on the size and complexity of their organization and the rate of adoption of technology. Let’s take a closer look at how Informatica iPaaS can contribute to your business success.
1. $833,000 annual savings by eliminating or reducing technology costs.
Instead of using multiple integration tools, Informatica iPaaS enables you to consolidate data management and integration functions under a single platform. In fact, according to the report, respondents achieved an average savings of $833,000 annually by adopting Informatica iPaaS to do just that.
In some instances, deploying an iPaaS can lead to potentially replacing disparate solutions and homegrown middleware. For example, the study called out an Informatica iPaaS customer who reported an impressive annual savings of $1.25 million by eliminating multiple legacy solutions that supported both integration and data management.
2. 30% reduction in ongoing support costs.
Informatica iPaaS provides a centralized platform that helps support and administrative teams monitor and maintain data and integrations for system integrity. According to the study, just by simplifying these types of tasks resulted in an average yearly savings of $740,000. In fact, one customer saved $1.08 million by reassigning maintenance teams that previously supported multiple solutions for data management and integration. Now staff can redirect efforts on more mission-critical initiatives.
Another finding? With Informatica iPaaS, one organization repurposed 12 developers, saving over one million dollars annually. And a different customer was able to reduce support headcount by 30% because they no longer had to maintain old, complex code. Deep cost savings like this can set front-runners apart from followers.
3. $440,000 saved annually by automating processes.
It’s indisputable: Automating processes saves time, cuts cost and eliminates tedious manual processes. Case in point: According to the report, one Informatica iPaaS customer was able to automate payment processing workflows that previously required a full team, saving an equivalent of $440,000 annually.
Some respondents wanted to extend automation in their Salesforce CRM and initially considered MuleSoft, which is Salesforce’s integration platform. However, after more research, these organizations found that Informatica iPaaS was more versatile and cost-effective, especially for ecosystems that have many disparate applications outside of Salesforce.
4. 64% faster time to live for new integrations.
One of the primary benefits of an iPaaS is its ability to quickly integrate disparate applications and provide a comprehensive view of business operations. For example, the study reports that those who used application integration, a capability of Informatica iPaaS, experienced a boost in developer productivity.
What’s more, the study states that organizations were able to create new data flows at a significantly faster pace, resulting in an average time-to-live improvement of 64%. One respondent even witnessed a 50% reduction in development time relative to MuleSoft. This type of productivity can help you deliver products faster, which enhances agility and improves customer experience – wins in today’s competitive climate.
Not only does Informatica iPaaS offer an impressive ROI; it also helps businesses streamline processes, reduce costs and increase revenue — all necessities to effectively compete in today’s digital economy.
Informatica iPaaS: One Tool for End-to-End Integration and Automation
Informatica iPaaS supports virtually all data management patterns across multi-cloud and hybrid environments under one consistent user interface, including data integration, API management, application integration, master data management (MDM), data quality, data catalog and data governance. We believe this type of innovation is why Informatica iPaaS has been recognized for its broad capabilities. Capabilities that can help you stay relevant in a fast-paced landscape.