Press release
Industry Trends on "ddsd" Market : Global Research, Size, Demand, Growth, Shares, Forecast 2016
The report starts by presenting the introduction on the BPMaaS market. This section presents the definition and the BPM lifecycle. The current size of the market and its predicted size by the end of 2020 have also been presented under this section of the report. The global BPMaaS market is predicted to expand at a whopping 39.55% CAGR between 2016 and 2020.BPMaaS is used for the optimization of business processes and for increasing the profitability through process analytics, process engines, process designing. It is also employed for the monitoring, simulation, and automation of business processes within sectors such as sales and marketing including post-sales and pre-sales, for human resources in training, recruitment, and performance management. It is also used in research and development for enhancing the infrastructure and presenting accurate process management, in customer relationship management (CRM), and manufacturing.
In the following section of the report, the market segmentation has been presented on the basis of deployment, end user, and geography. In terms of deployment, the BPMaaS market is segmented into cloud BPM and on-premises BPM. Amongst these, the segment of on-premises BPM led the market in 2015 and represented a share of over 52% in the market. This is owing to the fact that on-premises BMP is employed for large-scale workflow and process automation, as well as in a number of other applications. In addition, it also provides ownership security and accuracy owing to its integration with internal applications.
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