BONN, Jan 07, 2022 – We are excited to be selected as one of Germany’s best PaaS companies by BestStartup.eu, a prominent body in European business, aiming to showcase the latest innovations, breakthroughs and greatest companies across the European Union and UK.
BestStartup.eu recently announced its top 36 picks for German companies operating in the PaaS market. It features a wide spectrum of organizations from cutting-edge startups to well-established brands.
The selection was based on exceptional performance in one of the following categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
The importance of iPaaS and application integration in 2022
We are in the midst of a new era for iPaaS, short for Integration Platform as a Service. The acceleration of digitization of business processes, in part massively driven by the pandemic and lockdowns, as well as the undisputed advantages of the iPaaS model — which include a considerable reduction of workload for IT teams — are leading to an increasing adoption of iPaaS solutions by companies of different sizes. According to a recent 2021 report by Reportlinker, the iPaaS market will grow to $13.9 billion in value by 2026, at a compound annual growth rate of 30.3%. IDG, in its turn, reports in a 2021 study that 27% of companies have already invested in IPaaS, with another 66% having plans to do so in the next 12 to 24 months.
Application and data integration have become crucial to maintaining business operations, reducing IT costs, and increasing customer satisfaction, ultimately driving businesses’ competitiveness. With its low-code, enterprise-grade integration platform, elastic.io helps companies successfully drive their integration initiatives while saving on development time and costs. If your organization is among the 66% planning to introduce an iPaaS solution in the next months, click here to request a demo with elastic.io tech experts and test the elastic.io platform.
elastic.io is a Germany-based, born-in-the-cloud innovator and an established expert in enterprise integration solutions with focus on telecom carriers, enterprises, system integrators and software vendors. Our ultimate goal is to help organisations of all sizes spend less time on integrating and monitoring various data sources across the business. And instead, enable them to dedicate more time on using this data to improve business operations and develop new products and services. To find out more, please visit www.elastic.io.