Global Business Process Management (BPM) Training Market 2018-2022
About Business Process Management (BPM) Training
BPM training enables learners to go for various BPM tools and methodologies to develop, monitor, and improve the quality of business processes. It focuses on improving corporate performance by managing business processes.
Technavio’s analysts forecast the global business process management (BPM) training market to grow at a CAGR of 11.89% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global business process management (BPM) training market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Business Process Management (BPM) Training Market 2018-2022
Technavio recognizes the following companies as the key players in the global business process management (BPM) training market: AIIM, Bizagi, BP Group, Corporate Education Group, NIIT, Watermark Learning.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increased emphasis on BPM analytics. The inclusion of big data and analytics have brought about massive changes in the ways organizations operate and provide training to their employees. The implementation of various learning technologies by corporates has necessitated the deployment of analytics.”
According to the report, one driver in the market is constant need for BPM. BPM systems are essential to create efficient organization processes. BPM software helps organizations define the steps required to carry out business tasks, mapping these definitions to existing processes, and then streamlining these processes. The need to be competitive and embrace newer modern technologies has led many organizations to impart training to their employees.
Further, the report states that one challenge in the market is emphasis on continuing education. The adoption and maturity lifecycle of BPM software is short owing to the frequent technology advances. For instance, at present, many organizations are developing roadmaps to use analytics and AI. Further, within organizations, business processes require a different development model along with various techniques that use six sigma and lean management. As a result, there is no one size that fits all approaches applicable to the global BPM market.
AIIM, Bizagi, BP Group, Corporate Education Group, NIIT, Watermark Learning.