Reportstack has announced a new market research publication on Global Business Process Management (BPM) PaaS Market 2014-2018. The following companies are the key players in Global Business Process Management (BPM) PaaS Market: Appian Corp., IBM Corp., OpenText Corp., Pegasystems Inc., Adeptia Inc., Adobe Systems Inc., Barium AB, BizFlow Corp., BP Logix Inc., Colosa Inc., Eccentex Inc., Edorasware AG, Fujitsu Ltd., Interneer Inc., Integrify, Knowesia, Kofax Inc., Metasonic AG, MicroPact Inc., OpenWork, Oracle Corp., Perceptive Software, PNMsoft, Progress Software Corp., Questetra Inc., Rage Frameworks, Red Hat Inc., Roubroo, RunMyProcess, Software AG, Tibco Software Inc., Whitestein Technologies, and XMPro Inc.
“The increasing penetration and adoption of mobile devices is a major trend emerging in the Global BPM PaaS market. Currently, mobile devices, smartphones, and tablets are being used extensively by consumers to check all the products and services offered by the company. In addition, organizations are providing work from home options to reduce costs and enhance employee morale. This has resulted in an increasing number of employees working from a remote location. Therefore, the growing usage of mobile devices will offer new opportunities in the market. Due to the increased adoption of mobile devices, a number of vendors are launching mobile applications that enable users to avail themselves of high-quality services on the move. Therefore, the increasing demand for mobile solutions is a trend that is expected to have a significant impact on the growth of the market during the forecast period.”
According to the report, one of the major drivers in this market is the need to reduce the cost of business processes. In traditional on-site projects, organizations waste a lot of time creating connections to all existing systems in the IT infrastructure to achieve an integrated flow of information. Since BPM PaaS vendors enable faster connection of IT systems, the organizations' in-house IT departments are not faced with the burden of implementing these applications and incurring related costs.
Further, the report states that the lack of awareness about the potential of the BPM PaaS software is one of the major challenges inhibiting the growth of this market. There is a large gap in understanding the benefits offered by the BPM software between employees and executives at the management level. Moreover, the lack of visibility about BPM solutions within an organization leads to varied results. Often, BPM projects fail because of a limited understanding of the value that BPM solutions offer to an organization.
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/150768/global-business-process-management-bpm-paas-market-2014-2018.html
“The increasing penetration and adoption of mobile devices is a major trend emerging in the Global BPM PaaS market. Currently, mobile devices, smartphones, and tablets are being used extensively by consumers to check all the products and services offered by the company. In addition, organizations are providing work from home options to reduce costs and enhance employee morale. This has resulted in an increasing number of employees working from a remote location. Therefore, the growing usage of mobile devices will offer new opportunities in the market. Due to the increased adoption of mobile devices, a number of vendors are launching mobile applications that enable users to avail themselves of high-quality services on the move. Therefore, the increasing demand for mobile solutions is a trend that is expected to have a significant impact on the growth of the market during the forecast period.”
According to the report, one of the major drivers in this market is the need to reduce the cost of business processes. In traditional on-site projects, organizations waste a lot of time creating connections to all existing systems in the IT infrastructure to achieve an integrated flow of information. Since BPM PaaS vendors enable faster connection of IT systems, the organizations' in-house IT departments are not faced with the burden of implementing these applications and incurring related costs.
Further, the report states that the lack of awareness about the potential of the BPM PaaS software is one of the major challenges inhibiting the growth of this market. There is a large gap in understanding the benefits offered by the BPM software between employees and executives at the management level. Moreover, the lack of visibility about BPM solutions within an organization leads to varied results. Often, BPM projects fail because of a limited understanding of the value that BPM solutions offer to an organization.
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/150768/global-business-process-management-bpm-paas-market-2014-2018.html
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