Business Process Management (BPM) Market 2012-2018: Worldwide Industry Analysis, Size, Shares, Strategies, Trends And Forecast Research Report

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Business Process Management (BPM) Market: Worldwide Industry Analysis, Size, Shares, Strategies, Trends And Forecast Research Report

Albany, NY (PRWEB) June 16, 2013

According to Susan Eustis, lead author of the WinterGreen Research team that prepared the study, “Cloud computing and smart devices represent the major forces impacting business process management (BPM) markets. As the enterprise managers work to implement apps that make automated process more responsive to the needs of customers, partners, suppliers, and distributors, people use business process management (BPM) as the tools to help workers.”

Business process management software is achieving the ability to connect people across applications within the siloed lines of business software capability. As enterprises realize that automation of process is key to market growth BPM is creating new market opportunities.

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Innovation depends on process automation. BPM software is critical to enabling solutions. Software is a strategic business asset used in every industry at every level. Software is necessary to provide automated process.

IBM gained two points of market share in BPM platforms as WebSphere extended its functionality to encompass cloud and more of the process interactions that occur on an everyday basis in an enterprise. IBM is positioning to let people connect across the lines of business from within the business process applications.

This ability to connect immediately is improving productivity. If the shipping department needs to talk to the order department, that can be done form within the business process management application.

Messaging and collaboration are key aspects of Business Process Management (BPM) making processes more efficient. When people can work things out as a problem occurs, then the delays are eliminated and the business runs far more efficiently.

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Business process management software is achieving the ability to connect people across applications within the BPM software capability. As enterprises realize that automation of process is key to market growth BPM is creating new market opportunities. Innovation depends on process automation. BPM software is critical to enabling solutions. Software is a strategic business asset used in every industry at every level. Software is necessary to provide automated process.

IBM gained two points of market share in BPM platforms as WebSphere extended its functionality to encompass cloud and more of the process interactions that occur on an everyday basis in an enterprise. IBM is positioning to let people connect across the lines of business from within the business process applications. This ability to connect immediately is improving productivity. If the shipping department needs to talk to the order department, that can be done form within the business process management application.

Messaging and collaboration are key to making process more efficient. When people can work things out as a problem occurs, then the delays are eliminated and the business runs far more efficiently.

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Consideration of Business Process Management (BPM) Market Forecasts indicates that markets at $2.6 billion will reach $7 billion by 2018. Growth comes as automation of process adapts more efficiently to collaboration between people and provides interactive process based on exception management.

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IBM Software Innovation Market 2013 to 2019
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This is an entirely new category of software. As WinterGreen Research prepares to break out its software industry index worldwide, studies define the segments of the software industry more clearly. One of the things that jumps out of a close look at all the software industry segments worldwide is the software for innovation that is used primarily by the line of business to respond to the need for growth initiatives. This software goes beyond managing the existing business with implementation of automated process to giving the line of business tools that support growth initiatives. Software for innovation markets at $73.4 billion in 2012 are anticipated to reach $196.4 billion by 2019. Growth is a result of enterprise need to innovate to grow. It is not enough to maintain a static position in a market, nimble competitors steal market share away if innovation is not pursued. Innovation provides competitive advantage and protection of market position.

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