Reportstack Announces the Publication of its Research Report - Global Business Process Management (BPM) Market 2014-2018. The following companies are the key players in Global Business Process Management (BPM) Market: Adobe Systems Inc., Appian Corp., IBM Corp., Oracle Corp., Pegasystems Inc., Software AG, AgilePoint Inc., Bizagi Ltd., Fujitsu Ltd., Intalio Inc., K2 Software Inc., OpenText Corp., PNMsoft Ltd., Polymita Inc., Progress Software Inc., SAP AG , Tibco Software Inc.
“The market is witnessing an emerging trend for human-centric BPM, which integrates people and data in an organization. Some modules of human-centric BPM include expense management, project lifecycle management, and change request management. It mainly focuses on automating and simplifying the manual business processes; while traditional BPM is basically transaction-based and connects various data within systems. Human-centric BPM enables organizations to increase employee efficiency while reducing the cost. Human-centric BPM connects data sources and integrates the manual processes by using web technologies such as SOA and application programming interfaces.”
According to the report, the need for continuous improvement of business processes is one of the major drivers. It provides flexibility and technical integration through an innovative and comprehensive management platform. As a result, BPM software is widely used to understand and optimize business processes. Further, the report states that the complexity involved in using the software effectively is one of the major challenges confronted by the market. The lack of clarity over process improvement complicates the adoption of the software.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/155804/global-business-process-management-bpm-market-2014-2018.html