WinterGreen Research, founded in 1985, is an independent research organization which offers in-depth reports related to market research. Strategic market assessments in communications equipment, telecommunications, healthcare and advanced computer technology are also provided.
It has published a new Business Process Management (BPM) report of 533 pages including 172 tables and figures as a comprehensive forecast from 2012-2018 on market shares, strategy and forecasts.
As people seek to control automated processes more efficiently and connect with one another in ways that are more flexible than before, worldwide markets are predicted to achieve considerable escalation in the coming years.
How is the BPM report resourceful?
Two key aspects of BPM that render processes more efficient are messaging and collaboration. The moment one is able to address an issue as a problem develops, delays are removed and the consequence is increased business efficiency. Two major forces that impact BPM markets are cloud computing and smart devices. Thus enterprise owner’s work towards making automated processes increasingly responsive to the needs of the customers, partners, suppliers and distributors, and BPM becomes a resourceful tool to assist workers.
Hence what it actually does is it connects people across applications within the BPM software capability. Enterprises begin to recognize that automation of processes is the key to market growth. Software is a strategic business asset used in everyday industry at all levels and necessary to provide automated processes, and thus BPM software becomes critical towards enabling solutions.
The facility to connect immediately has a direct bearing on improving productivity, for instance if the shipping department has to communicate with the order department it can be executed immediately within the BPM application. In fact IBM is positioning to let people connect across lines of business from within the business process applications.
Relevance of BPM forecast in global markets
BPM market forecasts indicate that markets at $2.6 billion will soar up to $7 billion by the year 2018. The more efficiently automation process adapt to collaboration between people and offers interactive services the greater will be the growth process.
WinterGreen Research has 35 distributors in worldwide markets that include Global Information Info Shop, Market Research.com, Research and Markets, Bloomberg and Thompson Financial. Being an independent research organization funded by the sale of market research studies the world over, WinterGreen implements the ROI models that are used to calculate the total cost of ownership of equipment, services and software.