Boomi, LP explained

Boomi
Type:Private
Industry:Software
Foundation: in Berwyn, Pennsylvania, U.S.
Location:Chesterbrook, Pennsylvania, United States
Founders:Rick Nucci
Owner:Francisco Partners
TPG Capital
Num Employees:1,300 (2020)

Boomi is a software company that specializes in integration platform as a service (iPaaS), API management, master data management and data preparation.[1] [2] Boomi was founded in Berwyn, Pennsylvania, and first launched its services in 2007.[3] [4]

History

Boomi was founded in 2000, beginning with "configuration-based" integration. Its technology allows users to build and deploy integration processes using a visual interface and a drag and drop technique. This interface remains one of the key elements of the current Boomi platform. The company was named after Bhūmi, the Hindu goddess representing Mother Earth.[5]

In 2007, Boomi released the technology now known as "AtomSphere," an Integration Cloud. AtomSphere kept the visual, point and click interface for building integrations and can be managed through a browser-based UI.[6]

In February 2020, Boomi released its Integration Center of Excellence (ICoE) service.[7]

As of March 2020, Boomi has approximately 1,300 employees and 11,000 customers.[8]

M&A

Platform

Boomi provides an integration platform as a service (iPaaS), which enables the connection of applications and data sources.[14] It is a low-code development platform.[15] The platform provides API, lifecycle management and event-driven architecture features for cloud integration. This includes an API Proxy, API Gateway and API Developer Portal.[16]

The platform also supports event-driven architectures.[16] Boomi's EDA partners include Dell EMC and Solace as well as vendors specializing in message brokers, event meshes, streaming and pub/sub technology.[16] The platform also offers integrations for Amazon SQS, Microsoft's Azure Service Bus services and Pivotal's RabbitMQ.[16]

After Boomi acquired Unifi Software, Boomi incorporated data discovery, catalog and preparation tools into its platform, and continues to offer Unifi as a stand-alone product.[17] [18]

In August 2019, Boomi’s iPaaS was authorized by FedRAMP.[19]

Boomi's platform is currently being used by the American Cancer Society, Bank of America Merrill Lynch, Gilead Sciences, International Justice Mission, Novartis, Sky Group, Texas Instruments, University of Technology Sydney and Moderna.[20] [21] [22] [23] [24] [25]

The ICoE service run by Boomi provides reusable frameworks and industry guidelines for integration.[7]

External links

Notes and References

  1. Web site: Dell Boomi rides the IPaaS wave. Corner, Stuart. Computerworld. 2018-02-08. 2018-02-26.
  2. Web site: Dell considering acquisitions or possible IPO: sources. Greg Roumeliotis and Liana B. Baker. finance.yahoo.com. 2013-01-26. 2018-02-26.
  3. Web site: Dell gets SaaSy with Boomi buy. Fiveash, Kelly. theregister.co.uk. 2010-11-02. 2018-02-26.
  4. Web site: Meet Dell, your internet service provider. Metz, Cade. theregister.co.uk. 2011-04-14. 2018-02-26.
  5. Web site: The Purpose of Dell Boomi Lives in the Company Name: TractionForce 2019 Sponsor Highlight . tractionondemand.com . May 14, 2019 . April 29, 2020.
  6. Web site: Best cloud brokers of 2020: integrate services for hybrid clouds. Drake, Nate and Turner, Brian. TechRadar India. 2019-12-14. 19 December 2019.
  7. Web site: Cardoza . Christina . February 25, 2020 . Boomi releases Integration Center of Excellence service . ITOps Times.
  8. Web site: DiStefano . Joseph N. . March 25, 2020 . Cloud vs. coronavirus: How Dell Computer's Boomi, from Philly burbs, keeps Europeans working from home for Comcast's Sky . June 18, 2020 . The Philadelphia Inquirer.
  9. News: Dell to Acquire Boomi; Adds Industry's No. 1 Integration Cloud Solution to SaaS Capabilities . Dell Press Release . November 2, 2010 . March 4, 2016 .
  10. Web site: Brown . Matt . Dell Boomi CEO: Acquisition Of ManyWho Will Help Partners 'Bring Solutions To Market Very Rapidly' . . June 18, 2020 . March 17, 2017.
  11. Web site: DiStefano . Joseph N. . Dell's Boomi adds 'dark data' crawler; FS Investments adds stock funds . . December 18, 2019.
  12. Web site: Kerner . Sean Michael . Boomi acquisition of Unifi Software nets data management . . January 13, 2020.
  13. Web site: 2021-05-02 . Francisco Partners, TPG buy Dell's cloud business Boomi for $4 billion . Reuters.
  14. Web site: Lawton . George . What it takes to create ERP integration strategy success . . February 10, 2020.
  15. Web site: Greig . Jonathan . COVID-19 triggering a massive shift in adoption of low-code platforms . . May 1, 2020.
  16. Web site: Ta . Ha . Boomi platform adds API management, EDA support . . June 18, 2020 . October 4, 2019.
  17. Web site: Dignan . Larry . Boomi acquires Unifi Software, aims to meld data catalog, discovery with its integration platform. . December 17, 2019.
  18. Web site: Kovar . Joseph F. . Dell-Owned Boomi To Buy Unifi In Quest For Business Data Insights . . May 26, 2020 . December 17, 2019.
  19. Web site: Asturias . Diego . Q&A: Inside Boomi's secret growth recipe, business-model edge . SiliconANGLE . October 22, 2019.
  20. Web site: DiStefano . Joseph N. . Dell's Boomi adds 'dark data' crawler; FS Investments adds stock funds . . June 18, 2020 . December 18, 2019.
  21. Web site: UTS charging towards all-cloud with legacy tech no longer making the grade. Asha McLean. ZDNet. 2018-02-08. 2018-02-26.
  22. Web site: DiStefano . Joseph N. . Cloud vs. coronavirus: How Dell Computer's Boomi, from Philly burbs, keeps Europeans working from home for Comcast's Sky . . March 25, 2020.
  23. Web site: Greig . Jonathan . Low-code platforms help with project backlogs and software development training . . March 2, 2020.
  24. Web site: Amy-Vogt . Betsy . Q&A: Dell Boomi helps the American Cancer Society get patients to treatment . SiliconANGLE . October 3, 2019.
  25. Web site: Chan . Rosalie . How Dell's Boomi Helps Moderna As It Distributes COVID-19 Vaccines . Business Insider . 21 September 2021.

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