TechNavio Names Cordys a Key Player Dominating the Global BPM PaaS Industry

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Analysts predict market growth, expect Cordys to increase leadership position in the industry.

Companies face increasing pressure to respond quickly to changing business requirements and reduce the time required for platform and service delivery. TechNavio analysts forecast that these demands are driving rapid growth of the Global Business Process Management (BPM) Platform as a Service (PaaS) market. The Global BPM PaaS Market 2011-2015 report names Cordys – a leading provider of software for business process innovation on premise and in the cloud – a top vendor with the innovation and technology to deliver in this space and lead it as it grows.

An independent market research company, TechNavio studies the market for future technologies worldwide. The company prepared this report after a thorough analysis of the global BPM PaaS industry, collecting input from various experts in the space. As part of the report, TechNavio analysts forecast that the Global BPM PaaS market will grow at a Compound Annual Growth Rate (CAGR) of 25.7 percent between 2011 and 2015.

“In addition to rapid change requirements and faster service delivery demands, the TechNavio report cites the emerging hybrid approach to PaaS solutions as another driver for future growth in the BPM PaaS industry,” said Dominick Martinetti, VP Marketing at Cordys. “Cordys equips customers to run their platforms as a cloud service, on premise or in a hybrid fashion. We are well-positioned to address these needs now and in the future, providing limitless flexibility for a faster, more agile business in the cloud.”

Among enterprises, fear of moving to the cloud is fading fast as they recognize benefits including robust administrative controls, continuously improving security measures and mobility features with which on-premise software can’t compete. To learn more about Cordys cloud solutions, please visit http://cordys.com/leverage-the-cloud.

For details about the Global BPM PaaS Market 2011-2015 report, visit: http://www.researchandmarkets.com/reports/2205097/global_bpm_paas_market_2011_2015.

About Cordys

Cordys is a global provider of cloud platform software that lets you take your business into the cloud quickly and with minimal risk. This analyst recognized platform has been chosen by Global 2000 enterprises to improve their business operations, deliver better customer service and release additional value from existing IT. The same platform is also used by leading service providers to leverage cloud business opportunities, create new high value products and services in the cloud and reduce cost while driving innovation.

The Cordys platform uniquely combines Platform as a Service, enterprise application development, a complete Business Process Management Suite (BPMS) and the next generation of high productivity middleware.

Headquartered in the Netherlands, Cordys has offices in the Americas, EMEA and Asia-Pacific. For more information on Cordys please visit http://www.cordys.com, and to learn more about Cordys in the cloud applications visit http://www.cordysprocessfactory.com.

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Andrea Dunbeck
Cordys
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