There is a revolution going on in corporate IT and its name is SaaS (Software as a Service). Gartner projects that the global SaaS market is going to double over the next few years. But what is driving this growth? Why are more and more business around the world farming out their critical software solutions to SaaS vendors? It’s simple: companies are struggling to meet growing IT needs with shrinking IT budgets. They want faster, cheaper solution deployments with lower Total Cost of Ownership (TCO) and an easy way out, because the “sunk cost” of on-premise software is not always a fallacy.
The trend behind the market growth is that more companies are deploying more cloud Solutions. 94% of companies use at least one cloud solution, while larger organizations may be using more than 100. In response to this trend, almost every enterprise software vendor is jumping on the SaaS bandwagon. There are thousands of different solutions across hundreds of vertical industries or markets. The fastest growing SaaS categories are HR, Dev Ops, Product, Sales and Marketing.
Companies deploying SaaS solutions realize tremendous cost and effort benefits, but not without tackling some serious challenges. IT professionals purchasing SaaS solutions have identified several areas of concern—cost, security, ease of use, integration and customer support are just a few of them. Each of these issues merits its own discussion, but here we will focus on SaaS integration challenges that can cost companies significant time and money.
Companies deploying multiple SaaS solutions are often doing so in functional silos such CRM, ERP, HRM & EHSQ. Out-of-the-box integration between enterprise SaaS solutions are rare. Approximately 80% of businesses believe that SaaS integration challenges are slowing their digital transformation.
In recent years, larger SaaS vendors have started to provide public APIs. This makes it easier for other SaaS vendors, and enterprise dev teams, to integrate their solutions. This is exactly what we have done with the Intelex-Workday Gateway. It is a powerful integration that delivers real-time data synchronization between Workday’s Human Capital Management (HCM) solution and the Intelex platform.
Workday is the world’s fastest growing HCM solution. For many companies it is the SOR for all employee and corporate location data, while Intelex is the SOR for all EHSQ data. Because EHSQ management relies on correct and current worker and location data, we have developed a flexible, easy-to-use integration to synch that data into Intelex. This is a win-win for Workday and Intelex customers. Workday customers now have access to a comprehensive EHSQ solution, while Intelex customers get improved results from correct and current worker and location data.
If you are a Workday customer and looking for more information about the Intelex-Workday Gateway, please visit our website. Or, if you are in Orlando next week from October 14-17 for the annual Workday Rising event, please visit the Intelex booth (E3) on the exhibition floor. We are excited to show you how the new Intelex-Workday Gateway can help move from Silos to Synergy.