College basketball’s annual championship tournament, which runs from March 14th through April 3rd this year, is an exciting, complex tradition and there’s always the chance a Cinderella team from a smaller school will emerge from nowhere to topple a perennial powerhouse. That’s why we watch.
The mad scramble and chaos that mark the tournament, with vaunted teams going down to defeat, scrappy schools fighting for a lead to live another day, etc., takes hold of the country’s attention throughout the month of March. But bosses nationwide could be forgiven if they gave it alternative name: “Spring Slacking.”
That’s because millions of employees all around the country put their work aside during the NCAA tournament to think about basketball, compare the prospects of various teams, fill out brackets and surreptitiously watch games during office hours. And that puts a great deal of your company’s productivity out of the game every year.
Approximately 51 million workers participate in tournament office pools. Global outplacement firm Challenger, Gray & Christmas, Inc. estimates that with time spent filling out brackets and watching games, the total productivity hit could reach as high as $4 billion this year.
But the games are not the only phenomenon that causes employees to turn their attention from strategic tasks to spend time on activities that don’t add value or generate revenue: iPaaS solutions that require constant DIY development can also distract IT teams from powering business growth.
Isn’t iPaaS supposed to help companies connect and integrate on-premises systems with cloud-based applications and services? That’s true, and for companies with low to moderately complex SaaS and legacy systems and data integration needs, iPaaS can work relatively well — for now.
But data is the future, and just as March’s basketball competition gets progressively tougher as the tournament goes on, companies’ data requirements become more complex. An ever-growing torrent of data pours in from new sources, such as the Internet of Things and social media platforms, flooding companies with a huge volume of data in a variety of formats.
As data integration needs grow, IT teams using iPaaS alone have to build integration workarounds, and as new data formats and sources come online, they must put together yet another kluge to keep the whole system chugging along. These DIY development projects probably aren’t as fun for IT teams as filling out a bracket or watching hoops with friends, but it takes them away from strategic tasks in a similar way.
There’s a better solution: Liaison’s ALLOY™ Platform. Liaison takes an iPaaS + approach, providing unified data integration and management capabilities on a managed services basis. By managing compliance and unifying integration and data management functions, ALLOY is a future-proof system that adds value now, making it a slam dunk for companies that want their IT teams to help them innovate and drive revenue.