BPM Technology to Hit 300% Growth by 2020
December 1, 2014 – AURA (www.auraportal.com), a global provider of AuraPortal.(*) Business Process Management (BPM) software, has echoed the recently published study by WinterGreen Research entitled “Business Process Management (BPM), Cloud, Mobile, and Patterns: Market Shares, Strategy, and Forecasts, Worldwide, 2014 to 2020″ in which it predicts a massive increase in BPM Suite implementations by companies and public entities.
(*).AuraPortal has been distinguished with great advantage over its competitors by Ovum in its Decision Matrix report and by other renowned analyst firms.
WinterGreen forecasts that the Business Process Management market will reach ten billion US Dollars in 2020 and AuraPortal is pleased to be the current software market leader in this type of application, with clear and great advantages over its competitors, thus achieving and maintaining an important position in this sector.
According to Susan Eustis, lead author of the WinterGreen research team, “Cloud computing, mobile computing and smart devices represent the major forces impacting Business Process Management (BPM) markets”.
The Process Management model, and in particular the AuraPortal BPM platform, enables automation and optimization of the operations of companies and organizations of all kinds, by breaking down their global activity into a set of ‘processes‘, activities with a relatively independent functionality, although linked to the others, can be analyzed in detail. The repetitive process actions, whether system or people orientated, can be automated, to optimize speed, opportunities and costs, without losing the capacity for constant and rapid adaption to change and conserving the coexistence of security methods with the necessary agility to facilitate people’s fundamental and active intervention in the processes.