More than 70% of companies intend to adopt, complement or replace their integration technology in 2023, according to a report by Digibee.
The Digibee 2023 State of Enterprise Integration Report reveals new insights and perspectives from technology leaders and executives regarding the importance of enterprise integration for businesses.
Digibee, an enterprise integration platform as a service (iPaaS) company, has released the second annual Digibee 2023 State of Enterprise Integration Report, providing new perspectives and comparative data to quantify the growth of enterprise integration as a critical business technology.
Digibee’s conducted the research in collaboration with the research firm CensusWide and founded on a survey of over 1,000 Chief Information Officers, Chief Technology Officers, developers and enterprise architects. The Digibee 2023 State of Enterprise Integration Report highlights a growing gap between organizations that leverage iPaaS and those that do not.
Enterprise integration is a top priority in 2023, and most companies actively plan to adopt, complement or replace their integration technology.
The 2023 results reflect a rapidly advancing market in adopting enterprise integration, with 71% of respondents planning to implement the technology in 2023.
“Once any enterprise implements an integration strategy, the company can achieve significant economic efficiencies across its operations, benefiting the business,” stated Peter Kreslins, CTO and founder of Digibee. In the 2022 survey, 57% of companies reported significant downtime that exceeded expectations. In 2023, this percentage increased to 79%.
While many companies are progressing rapidly in executing their integration strategies, organizations hindered by non-cloud-native technology lack the agility to respond quickly. Experts anticipate downtime to continue increasing over the years within a shrinking group of companies that must address these internal obstacles.
“Downtime, whether unexpected or planned, continues to cost businesses,” said Matt Durham, Market Strategist at Digibee. “Most organizations, especially those lacking an integration strategy, are already overwhelmed regarding resources and time. Business disruptions only exacerbate this imbalance, cutting profitability and negatively impacting the customer experience.”
The report includes additional contextual data and insights, such as a list of the key objectives driving integration projects, the time required to implement a standard integration, the percentage of IT budgets dedicated to integration, and more.Click below to share this article