iPaaS not only attracts large organizations, but also midsize and small organizations with its ease of access, versatility and low initial cost. “Organizations choose iPaaS to support rapid integration and automation of SaaS applications with other SaaS and on-premise applications and data sources. More recently organizations are increasingly replacing classic integration platforms, that are now considered too expensive and complex for modern integration delivery practices,” said Natis.
Increase in Enterprise Adoption and Usage of Enterprise LCAPs
LCAP has moved to mainstream maturity globally, reaching more than 50% of the global target audience. Gartner analysts estimate that the LCAP revenue market will total $7.4 billion in 2022, an increase of 28.4% year over year.
As organizations need to be more agile and adaptive many complement centralized application investments with owning their own application development and analytics skills and tools. The increasing business appetite for technology self-service results in the rapid growth and increasing maturity of low-code platform technologies.
LCAPs have also emerged as a key component of successful hyperautomation because low-code development tools are among the tools used to support automation initiatives such as digitization of records. “In the context of the increasing demand for fast business change, LCAPs provide organizations an opportunity for accelerated digital innovation,” said Natis.
Gartner forecasts that by 2024, hyperautomation functionality will be the dominant competitive differentiator among low-code development tools.
Gartner clients can read more in “Hype Cycle for Cloud Platform Services, 2022.”
Learn more at the Gartner IT Infrastructure, Operations & Cloud Strategies Conference
Gartner analysts will provide additional analysis on cloud strategies and infrastructure and operations trends at the Gartner IT Infrastructure, Operations & Cloud Strategies Conferences taking place November 21-22 in London, December 6-8 in Las Vegas and December 13-14 in Tokyo. Follow news and updates from these conferences on Twitter using #GartnerIO.
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