Business Process Management Market will Hit $10.73 Billion by 2019 According to MarketsandMarkets
January 12, 2015 – AURA (www.auraportal.com), a global provider of AuraPortal.(*) Business Process Management (BPM) software, has announced that the market research company MarketsandMarkets predicts that the BPM market will grow to 10.73 billion US Dollars in 2019, according to their recent market research report “Business Process Management Market by Solutions (Process Modeling, Automation, Integration, Content & Document Management, and Monitoring & Optimization Management), by End User (SMBs, Enterprises & Large Enterprises) – Global Forecast to 2019”.
(*).AuraPortal has been distinguished with great advantage over its competitors by Ovum in its Decision Matrix report and by other renowned analyst firms.
Pablo Trilles, Vice-president of AURA, believes that this growth is due to the development of software tools which, like AuraPortal, in addition to enabling much easier process implementation and optimization, include functionalities essential to companies such as Intranet / Extranet, Business Rules, Document Management and Content Management, Case Management, Free Workflow, Distributed Treatments, eCommerce, etc. with the added interest of being able to work using mobile devices (Smartphones, Tablets, etc…) and communicate with devices, sensors and all available information form their own company and from the Internet.
“BPM software naturally evolves to incorporate, on the one hand all the necessary features and capabilities to enable Corporate BPM implementation, i.e., to manage all (or at least most) of the organizations activities through Processes, and on the other hand, powerful tools which need less and less programming and enable the successful launch of implementation projects”, says Trilles.