Digibee announced the availability of a commissioned study conducted by
Forrester on behalf of Digibee that demonstrates the real-world value of the Digibee enterprise integration as a
service platform (iPaaS): Digibee
Download: Digibee's Total Economic Impact - Forrester.
To ensure no bias in the responses gathered, Digibee partnered
with Forrester Consulting, a neutral third party, and gave the research and
advisory company open access to clients to collect feedback and analyze how
they've done and how they're doing. The report explores what
motivates organizations to implement the Digibee iPaaS, as well as the benefits
they realize once the technology is in place.
To better understand the benefits, costs, and risks associated
with this investment, Forrester interviewed five representatives with
experience using Digibee. The report reveals that Digibee customers
can achieve a faster time to market, with shorter work cycles that drive
incremental revenue, and to do faster work with fewer resources.
According to the report's executive summary,
"Digibee's enterprise integration platform makes developers and supporting IT
professionals more productive in building and maintaining integrations. The
low-code platform allows junior developers to do the work previously relegated
to senior developers. This
streamlines and reduces the cost of the entire development process and, along
with Digibee's enablement delivery model, sets up customers to adopt an eiPaaS
autonomously and with ease."
Methodology
Forrester followed its
proprietary Total Economic Impact
(TEI) methodology to produce a detailed, insightful report that examines the
key challenges and pain points Digibee customers faced before implementing
Digibee versus the business efficiencies they leverage with Digibee today. The TEI framework and methodology has been employed in studies with
thousands of leading companies for more than two decades.
Digibee provides a low-code, cloud-native enterprise integration platform
as a service (eiPaaS) that connects business applications and systems. It helps
organizations automate workflows and transform business processes. The Digibee platform includes a visual
drag-and-drop interface, supports reusability, and integrated monitoring and
reporting. It manages the complexity of systems integration in an agile,
simple, and efficient way.
Customer challenges prior to using Digibee
Prior to using the Digibee platform, organizations
built integrations with point-to-point solutions by writing custom code to
connect applications. They typically used Java as their coding language and
used file transfer connections to link applications. However, legacy tools were
difficult to manage and monitor, and point-to-point integrations were
time-consuming to build and challenging to maintain.
Post-adoption benefits
With the Digibee platform, organizations' development
teams gained access to a broad range of end-to-end integration capabilities
that opened the flow of data within the organizations' internal business
applications and with external partners. This new approach transformed how
systems could exchange information and helped them handle the integration
requirement of a more complex business environment.
Quantified benefits
Forrester combined the results of its interviews into
a composite financial-services organization with 20,000 employees and revenue
of $5 billion per year, and calculated the following benefits from adopting
Digibee:
- Return on investment: 232%
- Net present value: $4.15 million
- Developer efficiencies building integrations valued at
$2.1M; developers can build integrations with the Digibee platform 50% to 75%
more efficiently than point-to-point solutions.
- Developer efficiencies maintaining integrations valued
at $370,000
- Cost savings due to a reduction in IT labor valued at
$678,000
Top challenges that motivated customers to decide to
implement Digibee
The Forrester TEI Report revealed that IT backlogs and
point-to-point integrations are the top challenges that motivated customers to
decide to implement Digibee. Without an enterprise iPaaS to offload repetitive,
lower-value work, IT and developers become bogged down and projects take much
longer to complete. IT backlog and technical debt - especially when integration
projects involve large legacy systems - become a significant inhibitor to the business, blocking innovation
and the company's ability to enter new markets and grow.
Prior to implementing Digibee technology, many
customers relied on custom code, or point-to-point integrations, leading to
more downtime and
maintenance cost. Helping resolve the IT backlog challenge, the Digibee
enterprise iPaaS empowers developer and IT teams, removing lower value tasks
and activities so they can focus on the most meaningful work. This model is
especially helpful in the face of the global skills shortage, increasing productivity and efficiency without
increasing the team.
Efficiency improvements
from implementing Digibee
According to the TEI study, the implementation of Digibee's eiPaaS
dramatically improved developer efficiency in several ways:
- Visual drag-and-drop
interface made building integrations faster
- Ability to reuse
integrations once built reduced the number of integrations developers had to
create
- Integrated logs and metrics
simplified troubleshooting and monitoring tasks
- Simplicity of identifying
and fixing errors nearly eliminated application rework
Using the eiPaaS, smaller IT teams were
empowered to accomplish more work, helping enterprises reduce labor costs
without compromising their ability to innovate. Increased developer efficiency
meant fewer hours were allocated to building and maintaining integrations.
Improved oversight and maintenance meant fewer escalations were required. The
low-code integration platform allowed organizations to hire more junior
developers for regular tasks, freeing up experts to focus on new projects.
"Although we've built
positive, lasting relationships with our customers, we felt it was time for an
honest appraisal of how well we've done, exploring and quantifying the value
our customers derive from the Digibee enterprise integration platform as a service
(eiPaaS)," said Digibee CEO
and co-founder Rodrigo Bernardinelli. "Since every customer is unique in their
requirements and existing infrastructure, establishing universal ‘value to
market' benchmarks is challenging. The Forrester TEI report applies structure
to the outcomes we deliver, allowing us to consistently examine efficiencies
and assign meaningful values across every customer implementation. We're
thrilled to report that our customers are extremely satisfied with the value
Digibee delivers!"
Customer quotes from the Forrester TEI
Report for Digibee
"We view Digibee as a partner and not
just a supplier. If we need something from the platform, we work with Digibee
and they build it. They bring new ideas to us and help us construct our
future." - IT Project Director, Retail
"There are additional tools in Digibee
that help in development and production, like integrated metrics and integrated
logs, that make it easy to troubleshoot within the same platform." - Senior
Manager, Cloud Enablement, Telecom