Technavio Says the Global Business Process Management as a Service Market Will Grow as BPM Takes a Process-Centric Approach

LONDON--()--The need for improved business processes has resulted in drastic growth of the Global Business Process Management (BPM) as a Service Market, which is expected to post a CAGR of 37.18 percent from 2015-2019, says research firm Technavio.

BPM as a service helps align the objectives of an organization with client requirements by integrating the technical and management potential of the organization. It provides flexibility and technical integration through an innovative and comprehensive management platform.

“BPM enables business efficiency by optimizing business operations and also allows organizations to improve their business processes and related services,” says Faisal Ghaus, Vice President of Technavio.

The new Technavio report emphasizes smart mobile devices like smartphones and tablets that are being increasingly adopted by consumers. Organizations are providing work-from-home options to reduce costs and enhance employee mobility, which has resulted in an increase in the number of employees working from remote locations.

“With increased adoption of smart devices, a number of vendors are launching mobile applications that enable users to use high-quality services on the move,” says Ghaus.

Technavio currently has more than 3000 market research reports on a huge range of topics, including:

About Technavio

Technavio is a leading global technology research and advisory company.

Founded in 2003, Technavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jes Ellacott
US: +1 630 333 9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com

Release Summary

Need for improved business processes has resulted in drastic growth of Global Business Process Management as a Service Market, which is expected to post CAGR of 37.18 percent by 2019, says Technavio.

Contacts

Technavio Research
Jes Ellacott
US: +1 630 333 9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com