Reportlinker Adds Business Process Management (BPM) Market Opportunities, Strategies, and Forecasts, 2008 to 2014
NEW YORK, Oct. 8 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue.
WinterGreen Research announces the following study: Business Process Management (BPM) Strategies, Market Shares, and Market Forecasts, 2008 to 2014.
Business process management promises to drive enterprise markets going forward by implementing automated process more efficiently. Automation of business process must be balanced with human exception management, which is managed by workflow. Business processes are enhanced by the ability to interconnect a range of different applications systems including general ledger, order entry, inventory, process control, and human resources.
Business process management (BPM) aims for the achievement of greater value from existing software assets. IT investment allows the business process to be used to capture information electronically and automate services delivery. BPM is used to dynamically manage business logic with integrated application services. Business process management (BPM) is a central aspect of enterprise software.
IBM, Oracle / BEA, Software AG webMethods, and TIBCO Software, have established category leadership based on their combined strength across the three major areas of evaluation: connection, business process management (BPM), and service-oriented architecture (SOA). IBM is the leader in every segment, providing robust functionality. IBM enhanced its high position in this space via its strong support for both BPM and SOA. Both structured and unstructured process flows are automated via IBM middleware.
Customer response and supply chain modules represent significant aspects of business process management (BPM). BPM has achieved the ability to manage human interactions for process and to achieve application to application process implementation. Attaching information to rules in an automated manner means existing business IT systems can operate more efficiently.
BPM adoption is generally at the departmental level. This will change as the mainframe and shared workload become a more significant aspect of the market. Growth is driven by automated process. The value of automated process is at the very definition of the large enterprise. Process-centric organizations depend on BPM at the core of the IT initiatives. It works for supply chain initiatives, it works for management of all systems in the enterprise.
The market for BPM products is evolving. Technological change brings robust functionality. Business process integration software addresses a range of requirements. A comprehensive suite of application integration solutions can be applied to business process management.
Business process management (BPM) and services oriented architecture engine markets at $1.3 billion for licenses, maintenance, and services in 2007 are expected to reach $4.6 billion by 2014.
BUSINESS PROCESS MANAGEMENT EXECUTIVE SUMMARY
Business Process Management
BPM Market Driving Forces
BPM Analytical Visibility Functions
Business Process Management Market Shares
Business Process Management License, Maintenance, and
Services Market Shares
Business Process Management Market Forecasts
1. BUSINESS PROCESS MANAGEMENT (BPM) MARKET DEFINITION AND MARKET DYNAMICS
1.1 Business Process Management Platforms
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Nicolas Bombourg
Reportlinker
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