Gartner has named SnapLogic as a Leader in the 2019 “Magic Quadrant for Enterprise Integration Platform as a Service” for the fourth year in a row.
Gartner estimates that “the iPaaS market continued to expand notably during 2018. It approached $1.7 billion in revenue and grew by approximately 56% in terms of providers’ subscription revenue, compared with 2017. The primary drivers for adoption of EiPaaS offerings are their ease of use and productivity advantages, suitability for cloud-centric use cases and versatility.”
“We believe Gartner’s recognition of SnapLogic as a Leader in this Magic Quadrant, for four years running, reflects our deep understanding of the market, commitment to product innovation, and dedication to customer success,” said James Markarian, Chief Technology Officer at SnapLogic.
“Enterprise integration projects are growing larger, more complex, and more essential to running mission-critical processes across global organisations. Our customers demand an intuitive, AI-powered user experience, together with a powerful, scalable underlying platform, so they can tackle their enterprise integration challenges with ease and confidence. The result: better business outcomes, faster transformation, and heightened competitive advantage.”
Gartner noted in the report: “Adoption of EiPaaS offerings is continuing as organisations recognise that traditional integration approaches and on-premises integration technologies cannot fully support the complexity and pervasiveness of integration, or the agility and time to value, required to overcome the digital era’s challenges. Many organisations are accelerating their EiPaaS purchases, attracted by the rapid time to integration, ease of use and ready support for cloud-centric use cases. Another factor that makes EiPaaS attractive for user organisations is the consolidation into one platform of a range of capabilities that could previously be found only in multiple, discrete on-premises integration products. Financial benefits, including a lower cost of entry due to subscription-based pricing and lower IT operation costs, also contribute to the growing success of EiPaaS offerings.”
According to Gartner, vendors in the Leaders quadrant “have thousands of clients for their EiPaaS offering, and often many thousands of indirect users through embedded versions of the platform and “freemium” options. They have a solid reputation, with a notable market presence and a proven track record of enabling multiple integration use cases — often supported by the large global networks of their partners. Their platforms are proven and functionally rich, and there are regular releases to rapidly address the needs of this fast-evolving market. As the market evolves to provide further capabilities over the coming months and years, the Leaders are well-positioned to remain dominant, although leadership cannot be taken for granted.”
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