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Business Process Management (BPM) Selected Products:Directory & Buyer's Guide
Wintergreen Research, Inc, Jan 2004, Pages: 195
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. Electronic commerce needs application servers and integration infrastructure to function.
Business process management (BPM) products help corporations integrate their existing data and applications into new business systems. BPM software allows customers to more quickly react to changing market conditions by using process models to design and build more flexible applications. 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. Standardization of BPM products is maturing. Business process management products offer a business-process oriented framework to manage the integration and information infrastructure of an organization. BPM is positioned in order to systematically bridge internal and external people to applications and back-end systems. With a measurable ROI, BPM technologies enable companies to reduce operational expenses.
They enable them to be adaptive, responsive, and productive. BPM is evolving into a separate business layer to streamline processes rather than becoming a subset of middleware or workflow. Companies are implementing BPM solutions in the context of scalability and enterprise wide solution sets are achieving significant competitive advantage and improvements in productivity. Response to competition means adjusting unique enterprise resources to address opportunities and respond to change in markets. Needs and demands are integral to an integration infrastructure systems implementation. Business process management engine markets at $362.3 million in 2002 are expected to reach $1.1 billion by 2008. Markets for process workflow at $213.6 million in 2002 are expected to reach $582.5 million by 2008.
By 2008, a large part of this market segment will be considered part of the workflow market business process management market. Workflow market growth is fueled by trends to automate business processes and reduce paperwork and eliminate manual duplicate entry into computing systems. Workflow is being relegated to exception management.
Key topics in this report include: Bpm Market Driving Forces Business Process Management Market Forecasts Business Process Management Market Shares Bpm Market Driving Forces Bpm Multiple Process Categories Customer Support Linking Internal Operations System Integrator Role Business Process Management In Layers Specialized Bpm Products Technology Platforms Process Oriented Architecture Advanced E-Business Infrastructure Web Services Service Level Challenges Business Need
Companies Profiled
-Market Leaders IBM Tibco WebMethods Vitria SeeBeyond
-Other Market Participants BEA Cognos Fiorano Software Francisco Partners/Global eXchange Services (GXS) Fuego Hyperion Intalio Iona Technologies iWay ItemField Kabira Technologies Mercator Software Microsoft Pegasystems Popkin Software and Systems Q-Link Sagent Sopra/Viewlocity Staffware
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