The Cloud Integration space has already seen multi-billion dollar acquisitions. Mark talks about what his company is doing differently.
Sramana Mitra: Let’s start by introducing our audience to yourself as well as Cloud Elements.
Mark Geene: I’m the Co-Founder and CEO of Cloud Elements. Cloud Elements is an API integration platform that is a connectivity or integration layer for software applications.>>>
Sramana Mitra: You have very efficient and seamless ways to retrofit software that is not SaaS-enabled and turn them into SaaS. It think it’s extremely valuable. It’s interesting that you’re doing that.
Feyzi Fatehi: To me, the biggest revolution that could happen in the software industry for the next 10 years is offering the open source solutions as SaaS. I honestly believe that. Have you heard of Los Alamos National Lab?>>>
Sramana Mitra: I’m still missing what is the delta. Let’s say we’re building on Salesforce’s PaaS. Is that not a complete solution to go online as a SaaS product? Do people still need you to be in the middle of that?
Feyzi Fatehi: Salesforce has a specific platform that people develop certain types of applications on. Unfortunately, I’m not familiar with it.>>>
Sramana Mitra: The key takeaway that I get from listening to you is that you can retrofit existing non-cloud software and turn them into SaaS implementation using your PaaS. Where you’re distinguishing versus other PaaS is that you have to build on top of technology stacks.
Feyzi Fatehi: Well said with one exception. The software doesn’t have to be a non-cloud software. 99% of cloud software are not SaaS. Being on the cloud or being on the computer is not the point. That is the biggest misnomer in our industry.>>>
Feyzi Fatehi: We were recognized by the Gartner group as a cool vendor for PaaS. We are one of those stacks specifically designed to transform software to Software-as-a-Service. Those are the capabilities that may take years to build given all the capabilities and stacks that are available.
A good example is Mifos. This is a solution that was funded by IBM and GM about 12 years ago. It was based on Muhammad Yunus’ microfinance idea. He was an economist who won the Nobel Peace Prize. The software was developed using the latest technology.>>>
Feyzi has built technology that enables legacy applications to become SaaS-enabled seamlessly and rapidly. Excellent thought leadership.
Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Corent Technologies.
Feyzi Fatehi: I’m the CEO of Corent Technologies. Corent stands for core enterprise in the same way that Intel stands for integrated electronics. Corent was coined by one of the people who was involved in coining the phrase “Intel Inside”, which I fell in love with when I was in business school doing my MBA in Santa Clara while working for HP.>>>
Sramana Mitra: How does this trend of people working from home all the time these days and this whole gig economy thing play into all the scenarios that you’re describing?
Danny Kibel: Yes, that’s key. In the old trusted world, people were either VPN-ing into their office. In that case, they become part of this big trusted circle of their enterprise or they would work from the office which already puts them, in terms of their physical location or network physical location, in a trusted world. They’d be given almost a blank trust to do whatever it is they need to do in the organization.>>>
Sramana Mitra: Who are the key players in this space?
Danny Kibel: You see companies like Okta that started from single sign-on and are now pushing into the MFA space as well. They’re also promoting the Zero Trust concept. We’re also seeing companies like Microsoft and Ping Identity.
There are a few players in this particular space for Identity as a Service (IDaaS). But, again, our solution is a unique combination that also includes the enterprise mobility management to verify the devices as well as user behavior analytics which we were the pioneers of.>>>