MarketsandMarkets, a leading global market research and consulting company, recently recognized RoboMQ as an innovator in Hybrid Integration Platform, or HIP, technology. This recognition reaffirms the road map and the direction taken by RoboMQ as an iPaaS (integration Platform as a Service) that aims to seamlessly integrate Cloud services, on-premise applications, and IoT devices and gateways. RoboMQ platforms are built on the microservices and container architecture grounds up so that it can be deployed on multiple cloud or on private data centers allowing distributed, expandable and highly scalable business workflows that span across networks and clouds.
According to MarketsandMarkets, HIP is becoming a crucial technology as enterprises are seeking to integrate on-premises applications with cloud-based applications. Today, enterprise IT architecture has become more complex and difficult to operate, simultaneously with IoT devices and business partners’ platforms. However, the hybrid integration platform fills the gap between the existing enterprise applications, databases, warehouses, and legacy systems with cloud applications such as Software as Service (SaaS) and Platform as a Service (PaaS), Business to Consumer (B2C) software (such as customer engagement), Business to Business (B2B) platforms (such as suppliers and partners platforms), big data and smart devices such as Internet of Things (IoT) and Bring Your Own Device (BYOD). The hybrid integration platform offers certain game-changing benefits, which helps enterprises in driving business transformation and to better compete in the market.
RoboMQ is featured as an innovator in the quadrant for the hybrid integration platform market. Innovators in the micro quadrant possess innovative solutions to cater to future integration demands. These companies, like RoboMQ, are concerned about their product portfolio. They have robust potential to build strong strategies for expanding their business and stay on par with the visionary leaders. These vendors have been consistently offering hybrid integration platform services to fulfill their customer demands. Innovators have been at the forefront for the deployment of innovative hybrid integration platforms.
The demand for the hybrid integration platform market is expected to be driven by the increasing demand for hosting apps, data and services in the cloud. It is also being driven by the growing need for integrating on-premises and cloud applications for driving digital business transformation and the hybrid integration platforms’ capabilities to tackle the business challenges. With the increasing need for digital business transformation among the enterprises across the verticals, the hybrid integration platform market is expected to gain major traction.
The hybrid integration platform market size is expected to grow from $17.14 billion in 2017 to $33.60 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.4% during this forecast period.
RoboMQ is a SaaS enterprise application and IoT integration platform. Built on the strengths of messaging middleware, RoboMQ provides protocol agnostic Any-to-Any integration with no proprietary APIs. It is built for the world of cloud and SaaS with a Microservices based platform at the core including a visual microservices process designer.
The RoboMQ platform itself is containerized and can run on IoT gateways, on-cloud across multiple clouds or on-premise – creating a federated and distributed guaranteed delivery messaging fabric. Cloud services, enterprise applications, SaaS and IoT devices and gateways using RoboMQ can be part of a location transparent business workflows spanning networks and clouds.
MarketsandMarkets is a global market research and consulting company. It is No. 1 in terms of premium market research studies published annually. Serving as a business intelligence partner to Fortune 500 companies across the world. They also provide multi-client reports, company profiles, databases, and custom research services.