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Research and Markets: Market Opportunities, Strategies, and Forecasts for Business Process Management (BPM) Explored
Research and Markets: Market Opportunities, Strategies, and Forecasts for Business Process Management (BPM) Explored
By: PR Newswire
Apr. 22, 2005 03:00 PM
DUBLIN, Ireland, April 22 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/reports/c16236 ) has announced the addition of Business Process Management (BPM) Market Opportunities, Strategies, and Forecasts 2004-2009 to their offering. (Logo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH ) This report covers the Business Process Management (BPM) Market from 2004 - 2009. Business process management promises to take the islands of knowledge, data and business rules that represent the core of enterprise activities and unite them into a business system that is accessible to ordinary business people. Leveraging Intranets and the Internet, application integration business process solutions present new levels of flexibility, customer service, and operational efficiency across an extended enterprise. A comprehensive business process management system provides an organization with the ability to collectively define and model their business processes, deploy these processes as applications accessible via the Web that are integrated with their existing software systems, and then provide managers with the visibility to monitor, analyze, control and improve the execution of those processes in real time. BPM market driving forces relate to the need for process use of information that achieves access between every different type of enterprise resource planning (ERP) system. Supply chains are automated using BPM technology based on integration infrastructure. New customer service systems need BPM in order to be implemented efficiently. Long running processes can be supported in a number of ways, but BPM is most efficient. Indirect factors relate to the migration of existing products from separate market segments. File transfer, CTI, applications development, and workflow illustrate the alternate ways to implement long running processes. Enterprise application integration is occurring in the context of corporate adoption of best-of-breed BPM strategies. Mergers, acquisitions, and reorganizations are increasing. The driving force is the need to leverage economies of scale brought by the Internet. A desire to develop closer links with customers, suppliers, and partners is also evolving. These events all drive demand for BPM. Business process management engine markets at $416.4 million in 2003 are expected to reach $1.1 billion by 2009. Products have a dashboard that supports ease of use for business analysts. Business analysts systems are expected to become ubiquitous and provide a useful purpose for PCs. Topics covered in this report include: - Business Process Management (BPM) Market Definition - Business Process Management Market Shares and Market Forecasts - Business Process Management Software Product Description - Business Process Management Technology - Business Process Management Company Profiles Companies Profiled: - IBM Corporation - Tibco Software - BEA - webMethods - Ascential - BMC Software - CommerceQuest - Deloitte Touche - Fiorano - Fuego - Global eXchange Services - Itemfield - Kabria - Microsoft - MQSoftware - Savvion - SeeBeyond Technology - Vitria For more information visit http://www.researchandmarkets.com/reports/c16236 Laura Wood Senior Manager Research and Markets press@researchandmarkets.com Fax: +353 1 4100 980
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