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Press Fast-Forward: How to Reduce Time to Market with Digibee’s iPaaS

There are many financial benefits to enterprise integration and employing Digibee’s enterprise iPaaS, such as the cost saving of being able to use more junior developers, but beyond that there are also sizable financial gains to be made through speed, namely the benefits of a faster time to revenue through a faster product release cycle.

A recently-conducted Forrester Total Economic Impact™ of Digibee Report provided an opportunity for a third-party assessment that systematically explored the outcomes of partnering with Digibee for enterprise Integration. Using a composite organization modeled on the characteristics of interviewees’ organizations, this TEI report attributed +$1.3M of the +$5.9M total benefits Present Value (PV) to allowing a faster time to market for new products and services – that’s over one-fifth of total monetary benefits!

How Data Analytics Integration with EI Support Retail Demand Forecasting

Graphic of bar chart

Retail information systems must find a way to work as a conduit between the digital world and the physical world, a real challenge when both are constantly changing in different ways.

On one end, the customer expects a quick, easy, personalized omnichannel experience from the comfort of their couch, on the other end your retail IT solutions have to not only provide that, but then also provide a fast and seamless delivery of the physical items they bought, even if it’s 200 pounds of Italian marble for their kitchen counter. 

Every physical product requires raw materials, manufacturing, and then shipping to (at a minimum) the end user. As there is no way around incurring these costs, ending up with excess inventory can quickly become a major expense.

But since this manufacturing process also takes more time than a customer would be willing to wait, in most cases it has to be completed prior to a client’s order, meaning a retailer again ends up in a challenging position where they risk having too much or too little on-hand. In this way, accurate retail demand forecasting is essential for preserving your bottom line.

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

How Integration Capsules Accelerate Digital Transformation

Is outdated technology holding back your digital transformation efforts? You’ve probably heard that integration solutions can help modernize legacy architecture, but which one is right for you, and how can you minimize integration costs and disruptions to your operations? In this post, we’ll explore reusable integration capsules and how Digibee uses them to make integration simple and efficient.

Many organizations are moving toward IT system integration as a way to modernize their enterprise, accelerate digital transformation, improve business processes and achieve better results from their digital transformation strategy.

Why In-Demand Tech Jobs Will Still Be Hard to Fill in 2023

The “Great resignation” is over, and with it some of the hiring challenges seen in the past years. Moving away from the pandemic lockdowns and into global economic unrest, what jobs continue to be hot in a cooling market?

If recessions are upon us, will we soon see the historical high unemployment seen in past recessions, and therefore a swift change in favor of employers who had previously struggled to source talent? Not quite. Forrester predicts that 80% of companies will pivot their innovation efforts to prioritize resilience, meaning that while some roles may now be less competitive, or even at risk, the roles that most closely align with the goals of resilience will stay as in-demand tech jobs in 2023.

Fully Integrated Commerce for the Modern Retailer

A guide for retailers to stay competitive in today’s digital era through omnichannel integration to deliver seamless and personalized customer experiences.

About the ebook

Many retailers struggle to fully understand their customers’ experiences across various contact channels due to disconnected and numerous systems. This lack of integration prevents them from identifying and resolving issues quickly, leading to unresolved problems and ultimately losing customers to competitors who can provide a more positive and personalized experience.

This ebook offers guidance for retailers seeking to remain competitive and deliver seamless, personalized customer experiences through omnichannel integration.

Key highlights

Fully integrated commerce can either be a strategic advantage or a significant weakness for enterprises, depending on its implementation. With the increase in digital sales channels and growing technical debt, it is crucial for retailers to evaluate and refine their existing systems.

Fully integrated commerce solutions for retailers provides several crucial benefits:

  • Increased efficiency and cost-savings
  • Improved customer experiences and loyalty
  • Enhanced data collection and analysis
  • Increases in sales and revenue
  • Faster, streamlined delivery
  • Security assurance

The ebook also helps evaluate the next generation of digital retail by:

  • Identifying key integration challenges
  • Providing information to understand how an iPaaS solution modernizes and simplifies digital challenges for the retail industry
  • Demonstrating how an iPaaS provides end-to-end retail integrations that unify technologies and partners, while providing a holistic view of customer journeys

Digibee enables digital transformation for retailers

  • Providing case studies of successful digital transformations through Digibee’s iPaaS
  • Outlining the value of utilizing Digibee to speed up time to value, reduce complexity, and deliver customer success

Download now to learn how Digibee’s integration platform helps retailers quickly transform their integration architecture by enabling frictionless connectivity.

Retail Digital Transformation in 2023: Loud and in the Cloud

The cloud, combined with digital technologies, has reinvented how retailers connect with and serve their customers. Once the domain of megastores and e-commerce platforms with the budget and resources to support on-premises infrastructure, today the cloud is unlocking digital customer experiences for retailers of all shapes and sizes. 

And merchants are loving it, able to create personalized and curated experiences across multiple channels while driving up conversion rates and average order value (AOV). But it wasn’t always like this.

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

How Will Composable Enterprise Architecture Help Organizations Win?

If we’ve learned anything over the past few years, adapting quickly to change is essential to the survival of the business. The foundation upon which we build our critical IT infrastructure must be capable of moving quickly, efficiently, and securely for the company to survive.

Field CTO Tam Ayers, shares his prediction for the next years.

Composable architecture provides us with the flexibility we need to weather the storms (known and unknown) that lie ahead. Instead of resisting change and investing to stabilize the status quo, composability allows us to embrace change so we can grow and even thrive despite whatever the world throws at us.

Some enterprises are well on their way, with composable architecture an established standard. Others are just beginning their journey. Where does your organization stand?

The Upsides of Composability

In the article Digibee’s Top 3 Tech Predictions for 2023, I zeroed in on the important role composable infrastructure will play in helping businesses manage short and long-term change. 

I believe it will be a critical business differentiator in the year ahead, helping to insulate companies from unexpected economic downturns, global conflicts, pandemics, energy crises, and other disruptions.

“In turbulent times, composable business principles help organizations master the accelerated change that is essential for business resilience and growth. Without it, modern organizations risk losing their market momentum and customer loyalty.”

David Groombridge,
Research Vice President, Gartner

Those organizations that leverage a composable or microservices architecture are destined to win. In fact, analysts at Gartner predicted that companies leveraging composability will have outpaced their competition by 80% in the speed of new feature implementation alone. 

Additional advantages include:

1. Resilience in the face of change

Even with edge technologies and the most precise AI algorithms, accurately determining what lies ahead will never be an exact science. While it remains a business imperative to analyze and predict, we must also be prepared to quickly pivot when unanticipated change occurs. 

With composability, the company leverages a modular IT model, one that allows it to easily replace individual components with technology better suited to address whatever is happening in the market.

Those companies that rely on a monolithic architecture–one where components are tightly coupled–are unable to engineer change without impacting the entire ecosystem. With such a rigid model, it is extremely difficult to respond to disruptions in the moment.

For example, due to global supply chain issues, a retailer must continually adjust its ecommerce store to reflect fluctuating inventory levels. If the retailer is unable to make these changes in real-time, the customer experience erodes and the business ultimately fails.

2. Freedom to explore and grow

Composable infrastructure is liberating, allowing organizations to experiment with new innovations to find the perfect fit. And the experts agree, with Gartner predicting that 20% of Global 2000 CEOs will report an increased appetite for risk and improved resilience, attributed to modular business redesign. 

No longer shackled to monolithic technology stacks, the business becomes agile, challenging entrenched beliefs and exploring a range of scenarios that best serve the company. Instead of investing significant resources to simply keep the lights on, IT and Development teams are freed up to focus on innovation and the future.

The business is no longer limited by technology. Instead, it is empowered to explore its potential and chart its future, regardless of what it may hold.

3. Lower cost with higher returns

Composability lessens our reliance on a subset of technicians and developers with the broad experience required to manage a monolithic ecosystem. This depth of knowledge will no longer bottleneck how we resource for change. Instead, everyone will innovate, allowing us to tap less experienced (and less expensive) resources to do the work. 

As a result, IT will become more centralized. Greater responsibility will rest within the lines of business where technicians and developers will be hired and dedicated to focus on specific business requirements for the business unit.

While IT spend is predicted to increase, the investment will focus on increasing efficiencies, streamlining processes, and greater employee productivity. Composability supports these outcomes, embedding digital capabilities throughout the business.

The Role of Digibee’s iPaaS in Achieving a Composable Architecture

Digibee customers rely on our low-code iPaaS to support their composable architecture, helping connect modern systems with outdated and contemporary technologies. Our platform includes reusable components such as Digibee capsules for additional efficiencies, significantly reducing the time needed to develop and deploy new integrations to accelerate innovation.

If you’re interested in how Digibee can help your organization evolve to a modular IT environment, we’d be happy to show you how. Book your choice of a 15-minute Discovery Call, 30-minute custom demo, or a 60-minute deep dive to learn more.

How Data Integration Benefits Businesses Beyond the IT Department

The right integration solution can mean huge gains for your organization’s IT department. It’s not a secret – in fact, it’s the focus of most articles about the benefits of data integration: reduced costs, improved developer efficiency, and less reliance on increasingly hard-to-find IT specialists. But what about the rest of your business? 

If your IT department is among the few that have no trouble with skills shortages or even with rising costs, you might think you don’t need an integration platform. Don’t fall into this trap. There are a variety of ways other departments can benefit from the adoption of an integration platform as well.

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

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Faster Time to Market

Integrations take less time with an enterprise iPaaS solution than when developers have to create point-to-point connections manually. Reducing time spent on building integrations means systems are connected and data exchanged ahead of schedule. The result? Your team can accelerate digital transformation and reduce time to market on new products or services.

A reduced time to market means more time to generate revenue. And more revenue benefits your entire organization. Forrester analysts estimate $1.3 million in increased revenue over three years from the faster time to market with Digibee’s iPaaS. 

revenue-table-from-forrester-TEI-report

Source: The Total Economic Impact™ Of Digibee’s Enterprise Integration Platform As A Service (eiPaaS), a commissioned study conducted by Forrester Consulting on behalf of Digibee

Improved Reliability

An iPaaS also improves the reliability of system and application performance. Because Digibee’s low-code platform reduces the risk of human errors and includes built-in monitoring, disruptions are minimal, and identifying and addressing issues is quick and easy.

The price of downtime is continually increasing, and delays in accessing real-time data can negatively impact decision-making. The right iPaaS can help improve the reliability and security of your systems, regardless of size or scale.

When the Weir Group needed to integrate systems used by 11,500 employees across 50 countries, they turned to Digibee for a solution. 

Digibee connected their business-critical systems with existing corporate ERP and SAP systems, optimizing data flow, implementing rigid security protocols, and adding proactive monitoring to minimize disruptions.

Enhanced Customer Experience

The “customer is always right” adage has never been more true than it is today. Consumers’ expectations of brands they do business with are on the rise, and enhancing the customer experience was the top priority (by a significant margin) in McKinsey’s 2022 State of Customer Care Report. 

Your internal teams may have no choice about dealing with slow, inefficient business processes, but your customers won’t put up with an experience that falls short of expectations. Another business benefit of integration is that it can empower you to deliver the experiences your customers desire – with new technologies and maximized efficiency.

GJP Hotels & Resorts, a leading Brazilian hospitality chain, was facing increasing customer churn as guests voiced frustration over tedious, time-consuming check-in and check-out processes. The company partnered with Digibee to digitize workflows and integrate its Property Management System with self-serve technology. The results were almost immediate:

  • 100% reduction in guest complaints
  • 80% reduction in guest wait time
  • $300,000 saved in the first year
  • Everyone Benefits from Integration

    It’s not all about IT. Stakeholders in departments at every level of your organization can realize the business benefits of integration. But open communication about integration priorities and goals is critical. 

    When we surveyed over 1,000 enterprise IT professionals in early 2022 for our State of Enterprise Integration Report, we observed a significant disconnect between different players when they were asked who owns enterprise integration. The C-suite, IT experts, product teams, and citizen developers can all benefit from the right integration solution – but only if they’re working in cooperation instead of competition.

    Realize the Business Benefits of Data Integration

    Whether your organization is looking for an iPaaS solution to help modernize legacy infrastructure, implement a digital transformation strategy, or just increase your operational efficiency, Digibee can help.

    Our low-code iPaaS makes it easy for IT experts and citizen developers alike to build, deploy, and maintain integrations to support your business goals. And you don’t just get a service provider when you work with Digibee – you get a partner, by your side every step of the way and fully committed to your success.

    Download a copy of the TEI of Digibee’s eiPaaS for full details on the data integration benefits your business can realize with Digibee. Or, book a custom demo to see for yourself what our solution can do for your business.

    Supermarket Chain Case Study

    Digibee’s integration platform helps international supermarket chain increase online sales by almost $2 million monthly.