BPM software is a
tool used to simulate, automate, and monitor the business processes of an
organization. It helps organizations to determine future strategies. It
increases profitability by optimizing business processes through its various
components such as a process designer, process engine, rules engine, and
process analytics. A process designer assigns logic to the process after
analyzing it and the process engine allocates automated activities to
applications and manual operations to employees. The rules engine ensures that
the process adheres to the business rules and process analytics provides
feedback on process performance.
Analysts forecast
the Global Business Process
Management market
will grow at a CAGR of 15.87 percent over the period 2013-2018.
Covered in this
Report
The Global
Business Process Management market can be divided into two segments:
Human-centric BPM and Integration-centric BPM. The report describes the size of
the market based on the total software revenue generated from the issue of new
licenses, installations, updates, subscriptions, technical support, and
software maintenance, but it excludes the revenue from professional services
and the sale of hardware.
Global Business
Process Management Market 2014-2018, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the
Americas and the EMEA and APAC regions; it also covers the Global Business
Process Management market landscape and its growth prospects in the coming
years. The report also includes a discussion of the key vendors operating in
this market.
