|08-29-2018 02:16 PM CET - Advertising, Media Consulting, Marketing Research||
Business Rules Management System (BRMS) Market is expected to grow at a CAGR of 17.8% during the period from 2015–2020
Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
A new research document with title 'Global Business Rules Management System (BRMS) Market, By [Operating Environments, Industry Verticals (Retail, Manufacturing, BFSI, Healthcare, Aerospace & Defense, IT & Telecom, Logistics, Government, Travel & Transportation), End-users, Regions] – Trends & Forecast: 2015–2020' covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions and important players/vendors such as Software AG, Progress Software Corporation, FICO, Sparkling Logic, Inc., Appian, Oracle, IBM, Red Hat, Fujitsu, Bosch, InfoTrellis, Inc., InRule Technology, Inc., Newgen Software., Decide Soluciones., Decisions on Demand. The report will help user gain market insights, future trends and growth prospects for forecast period of 2015–2020
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Every organization’s key business policies and regulatory compliance data is safely locked inside multiple software systems, expressed in high technicality and usually not accessible to the key leaders/managers responsible for executing business policies and respective protocols. Business Rules Management System (BRMS) provides customised solutions to react quickly for all kinds of business rules & policies far efficient than traditional methods. Enterprises increased organizational agility and receptiveness are driving the BRMS market with benefits such as consistent business planners, reducing time to market, reducing total operational & maintenance cost, and providing highly available & robust platforms for all businesses. Also, enabling IT and business teams to easily communicate changes and rule maintenance work to be more consistently distributed across the enterprises. The key players include Bosch Software Innovations, Progress Software Corporation, Oracle Corporation, Red Hat, SAP, IBM, FICO, CA Technologies, and others. The report provides unique insights into and in-depth analysis of global BRMS market, drivers and restraints as well as growth opportunities. It also contains analysis and forecasted revenues, competitive landscape, company profiles and industry trends.
This report provides an insight into the role of BRMS across the sectors, such as insurance, healthcare, banking telecom, etc. A detailed study also has been conducted on various operating systems used in this system. The scope of BRMS in small and medium enterprise that is end-users use is been covered. A comparative analysis also has been done on the basis of the various products and technologies used by main vendors in the market. A detailed market analysis is done and the emerging market trends have been forecasted. Global Business Rule Management System (BRMS) market is expected to grow in the future mainly driven by operating environment and verticals. Global BRMS market is expected to grow at a CAGR of 17.8% during the period from 2015–2020 respectively. Among the other operating environment open source has the highest market growth at an estimated CAGR of 31.2% from 2015 to 2020. The BFSI and health care industry sector has the highest revenue and is expected to grow at a CAGR of 16.5% and 15.9% respectively from 2015–2020.
Companies Mentioned in the Report
Progress Software Corporation
Sparkling Logic, Inc.
InRule Technology, Inc.
Decisions on Demand
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Table of Contents
1 Industry Overview
1.1 Industry Trends
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Segmented Addressable Market (SAM)
3.2 Related Markets
3.2.1 Business Process Management
3.2.2 Decision Management
3.2.3 Service Oriented Architecture
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