Albany, NY -- (SBWire) -- 04/08/2015 --Business process management or BPM is a process or group of processes that helps to optimize and improve the business performance of an organization. BPM is used to achieve consistent and targeted results as per the company's strategic goal. BPM as a service refers to the business processes integrated with cloud services such as SaaS, PaaS, and IaaS. BPM as a service provides various advantages such as improved visibility in business processes, virtual workplaces, improved performances, and helps in decision making. The BPM solution optimizes business processes through various components such as process design, process engines, rules engines, and process analytics and increases the profitability of the organization. It is also used to simulate, automate, and monitor business processes in various sectors such as Human Resource (recruitment, training, and performance management), Sales and Marketing (pre-sales and post-sales), Manufacturing (invoicing), CRM (accurate and up-to-date information), and R&D (better infrastructure and effective management of processes) of any organization.
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Market analysts forecast the Global BPM as a Service market to grow at a CAGR of 37.18 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global BPM as a Service market for the period 2015-2019. To calculate the market size, the report considers revenue generated from software licenses, implementations, subscriptions, services, support, and maintenance.
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New report, Global BPM as a Service Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the APAC and EMEA regions; it also covers the Global BPM as a Service market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
Americas
APAC
EMEA
Key Vendors
Appian
IBM
OpenText
Pegasystems
Other Prominent Vendors
Accenture
Adaptive Planning
Adeptia
Adobe Systems
Barium
BizFlow
BP Logix
Capgemini
Cognizant Tech Solutions
Colosa
CSC
e-Builder
Eccentex
Genpact
Integrify
Knowesia
Kofax
Lexmark International
Metasonic
NorthgateArinso
Oracle
Perceptive Software
Progress Software
Questetra
Red Hat
SAP
Software
Tibco Software
Wipro
XMPro
Market Driver
Need for Continuous Improvement
For a full, detailed list, view our report
Market Challenge
Lack of Awareness about Benefits of BPM as a Service
For a full, detailed list, view our report
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Market Trend
Increased Demand for BPM Solutions in Smart Devices
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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