Cloud and big data integration startup named one of four leading Integration Platform as a Service (iPaaS) providers by top independent IT analyst firm Ovum
SAN MATEO, Calif. — April 16, 2015 — SnapLogic, the Elastic Integration company, today announced its ranking as a Market Leader in the report, “Ovum Decision Matrix: Selecting an Integration PaaS (iPaaS) Solution, 2015-2016.” SnapLogic, one of just four vendors named in the Market Leaders’ category, was noted by Ovum for strengths in scalability and comprehensive cloud and hybrid integration capabilities, big data integration and solid average subscription size. The analyst firm has set a high bar for the technology, defining iPaaS as: “multi-tenant, scalable cloud-based integration platforms providing the necessary tools and dedicated resources for faster development of integration flows connecting different applications and data sources, as well as offering enterprise-grade data security and governance for such interactions.”
In the report, Ovum describes enterprise benefits of iPaaS as easing the complexity of hybrid integrations and achieving faster time-to-integration, while managing business needs and budget constraints. The firm forecasts rapid growth for the global iPaaS market and an evolution to “Enterprise Integration-as-a-Service” phenomenon encompassing application, B2B, and data integration, mobile enablement, API management, Internet of things (IoT) integration and process orchestration requirements of large enterprises.
Ovum describes SnapLogic as “one of the few vendors that provides support for various big data integration use cases via the same platform used for cloud application and data integration.” The analyst firm highlighted SnapLogic’s REST-based modular architecture for scalability, support for low-latency processing, and integration flows monitoring and management through the SnapLogic mobile app. “SnapLogic has demonstrated good product innovation, both in terms of core architectural attributes and integration capabilities, and continues to execute an aggressive product strategy,” said Saurabh Sharma, Senior Analyst at Ovum and author of the report.
SnapLogic’s Elastic Integration Platform features more than 300 pre-built connectors to popular applications, databases and technologies, including Box, Cloudera, Concur, Eloqua, Hortonworks, MongoDB, NetSuite, Salesforce, ServiceNow and Workday. The Silicon Valley based company completed a highly successful fiscal year on December 31, 2014, more than tripling bookings over 2013.
“It’s an honor at this early stage in our new platform growth to be recognized as a leader by a prestigious analyst firm for innovation and execute in the emerging field of iPaaS,” says Darren Cunningham, vice president of marketing at SnapLogic. “We’re seeing a remarkable fast transition of late, with enterprise IT shifting away from legacy data management and integration technologies to iPaaS. The reason for this is that the confluence of several transformational technologies including social, mobile, analytics/big data, cloud computing and the Internet of Things is finally coming into place. As we go from iPaaS product to market leadership, we intend to be front and center of this shift, helping companies adapt to new ways of doing business and far more effective ways of delivering IT services.”
Download the Ovum Decision Matrix here.
SnapLogic connects data and applications in the cloud and on-premises for better decision-making and a single view of customers, products and services in a unified enterprise. With the SnapLogic Elastic Integration Platform, organizations can more quickly and affordably accelerate the “cloudification” of enterprise IT with fast, multi-point and modern connectivity of big data, applications and things. Funded by leading venture investors, including Andreessen Horowitz and Ignition Partners, and co-founded by Gaurav Dhillon, co-founder and former CEO of Informatica, SnapLogic is utilized by prominent companies in the Global 2000. For more information, call +1.888.494.1570 or visit www.snaplogic.com.
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