Worldwide Business Process Management Software Market Shares, 2014: Tactical Spending Drives Growth
This IDC study provides a competitive analysis of the worldwide business process management software market in calendar year 2014.Major forces that will drive growth in BPM software over the next several years are the transition to private and public cloud, simplification, continuing execution of the evolution of BPM software to more generalized business application platforms, and the need to inject flexibility into processes to support greater decision-making autonomy and adaptability as enterprises shift to analytics-driven business. "BPM software is a crowded market with many vendors growing well and able to invest in innovation. But competition is so fierce, and vendors tend to look inward to their well-known competition," according to Maureen Fleming, vice president of Business Process Management and Middleware research programs. "Offerings from adjacent markets will increasingly crowd the BPM mainstream, and vendors will need to pay close attention and respond to broader trends."
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