Global Business Process Management (BPM) as a Service Market 2015-2019

NEW YORK, April 22, 2015 /PRNewswire/ -- About BPM as a Service
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.

TechNavio's 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.

TechNavio's reprt, 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.

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