Dell Boomi Invests Big in Product Innovation to Help Enterprises Realize the Power of The Connected Business
ROUND ROCK, Texas, Jan. 17, 2018 /PRNewswire/ – @DellBoomi™ (Boomi), the leading provider of cloud integration and workflow automation software to build The Connected Business, announced continued acceleration in research and development (R&D). The acceleration includes a commitment that the coming year will be another year of growing investment in R&D by more than 50 percent and Steve Wood has been promoted to Chief Product Officer to help lead product innovation efforts. (PRNewsfoto/Dell Boomi)… Boomi exists to help enterprises connect everything and engage everywhere across any channel, device or platform. The Boomi platform equips enterprises to improve productivity, accountability and collaboration across business units and with customers and partners to build The Connected Business and drive digital transformation efforts. Boomi helps to transform businesses, enabling them to adopt best-of-breed cloud, while understanding the realities of the enterprise. A clear trend toward greater connectivity was identified in a Vanson Bourne survey “The Connected Business: Improving integration and creating connectivity in 2018,” which highlights the impact poor integration can have on organizations. Nearly two thirds (64 percent) of enterprises have missed at least one opportunity in the past twelve months due to poor connectivity, with a further 11 percent admitting they may be missing opportunities without even realizing. Eighty-six percent of IT decision makers believe becoming a more connected business would mean revenue growth for their organization over the course of twelve months. Despite the potential to achieve an average revenue growth of 10 percent or approximately $500M within this timeframe, the report found that six in ten (59 percent) think their organization is struggling to become more connected. Additionally, the Vanson Bourne report stated more than half of CIOs surveyed said successful integration will be crucial to remaining competitive over the next five years.