I

Power Law company profile

IFTTT

Other B2B Software · San Francisco, United States · Founded 2010

IFTTT, an acronym for "If This Then That," operates as a web-based service designed to automate workflows by connecting disparate applications, devices, and services without requiring users to have programming skills. The company was co-founded in 2010 by Linden Tibbets, Jesse Tane, and Alexander Tibbets, with the official launch occurring on September 7, 2011. Linden Tibbets, who serves as the CEO, drew inspiration for IFTTT from his time at the design firm IDEO. He recognized that while physical objects can be easily adapted for unintended uses, the digital world lacked this flexibility for non-programmers. This insight led to the creation of a platform that gives users creative control over their digital environment. The core of the IFTTT service is the "Applet," a simple conditional statement that links a "trigger" (the "This") with an "action" (the "That"). When a specified event occurs in one service, it automatically triggers a corresponding action in another. For instance, a user could create an Applet to automatically save a photo to a cloud storage service every time they post on a social media platform. The platform supports a vast ecosystem of over 900 services, including popular social media networks, smart home devices, and business productivity tools. This broad compatibility allows individuals to streamline daily tasks, create integrated smart home environments, and enhance personal productivity. Businesses also utilize IFTTT to automate workflows, track social media mentions, and drive engagement. IFTTT's business model has evolved since its inception. Initially focused on user growth, the company introduced partnership programs and eventually transitioned to a freemium software-as-a-service (SaaS) model in September 2020. Revenue is generated through several tiers. For individual users, there is a free plan with limitations on custom Applet creation and a "Pro" subscription that offers unlimited Applets, multi-step automations with conditional logic, and faster execution speeds. For corporate clients, IFTTT provides developer and enterprise plans. The developer plans allow companies to integrate their own services with the IFTTT platform, expanding their product's functionality and reaching a wider audience. Enterprise solutions offer more advanced features for process automation, helping organizations streamline operations by connecting systems like Salesforce and Slack. This multi-faceted revenue structure, combining individual subscriptions with business and developer partnerships, supports the platform's continuous development.