The analysts forecast the Global Smart Process Application Management market to grow at a CAGR of 17.88 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing focus on real-time decision making. The Global Smart Process Application Management market has also been witnessing the increasing demand for advanced analytics platforms. However, the operational challenges stemming from a multi-vendor approach could pose a challenge to the growth of this market.
The report, the Global Smart Process Application Management Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Smart Process Application Management market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are EMC Corp., IBM Corp., OpenText Corp., and Pegasystems Inc.
Other vendors mentioned in the report are Appian Corp., Cordys B.V., RedPrairie Corp. Kanna Software Inc., Kofax Inc., Lexmark International Inc., OpenText Corp., Onit Inc., Pegasystems Inc., Salesforce.com Inc., and SAP AG.
Key questions answered in this report:
-What will the market size be in 2018 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?
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01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
06. Market Landscape
06.1 Market Overview
06.2 Attributes of Smart Process Applications
06.3 Market Size and Forecast
06.4 Market Segmentation by Product
06.5 Five Forces Analysis
07. Smart Process Application as a Segment of Overall Enterprise Application Market
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
17.1 Competitive Scenario
17.2 Vendor Analysis
17.3 Other Prominent Vendors
18. Key Vendor Analysis
18.1 EMC Corp.
18.1.1 Business Overview
18.1.2 Business Segmentation
18.1.3 Business Segmentation by Products and Services
18.1.4 Revenue Segmentation by Geography 2013
18.1.5 Key Information
18.1.6 SWOT Analysis
18.2 IBM Corp.
18.2.1 Business Overview
18.2.2 Business Segmentation
18.2.3 Revenue Segmentation by Geography 2013
18.2.4 Revenue Segmentation by Business 2013
18.2.5 Key Information
18.2.6 SWOT Analysis
18.3 OpenText Corp.
18.3.1 Business Overview
18.3.2 Business Segmentation
18.3.3 Revenue Segmentation by Geography 2013
18.3.4 Key Information
18.3.5 SWOT Analysis
18.4 Pegasystems Inc.
18.4.1 Business Overview
18.4.2 Business Segmentation
18.4.3 Revenue Segmentation by Geography 2013
18.4.4 Key Information
18.4.5 SWOT Analysis
19. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Difference Between Transactional and Smart Process Applications
Exhibit 3: Attributes of Smart Process Application
Exhibit 4: Global Smart Process Application Market 2013-2018 (US$ million)
Exhibit 5: Global Smart Process Application Market by Product 2013
Exhibit 6: Existing Smart Process Applications
Exhibit 7: Evolution of BPM as a Platform
Exhibit 8: Smart Process Applications for Different Verticals
Exhibit 9: Global Smart Process Application Market by Product 2013-2018
Exhibit 10: Smart Process Application in the Global Enterprise Application Market
Exhibit 11: Global Smart Process Application Market by Geographical Segmentation 2013
Exhibit 12: Business Segmentation of EMC Corp.
Exhibit 13: Business Segmentation by Products and Services
Exhibit 14: Revenue Segmentation by Geography 2013
Exhibit 15: Business Segmentation of IBM Corp.
Exhibit 16: Revenue Segmentation by Geography 2013
Exhibit 17: Revenue Segmentation by Business 2013
Exhibit 18: Business Segmentation of Open Text Corp.
Exhibit 19: Revenue Segmentation by Geography 2013
Exhibit 20: Business Segmentation of Pegasystems Inc.
Exhibit 21: Revenue Segmentation by Geography 2013
Commenting on the report, an analyst from the team said: “The increasing demand for advanced analytics solutions is a new trend being witnessed in the Global Smart Process Application market. Advanced analytics helps companies better understand the data generated through various sources and use this understanding to gain insights into consumer behavior. These insights help companies deal with a wide range of areas that have significant potential to enhance operational success. They also provide companies with a better understanding about why users buy a particular application. Using these insights, companies can create customer-driven marketing strategies by optimizing advertisement-generated interactions. The top management in organizations has also started using predictive and content analytics for developing insights about the threats and customer preference.”
According to the report, one of the major drivers in this market is the increasing focus on real-time decision making. The new generation of business leaders and strategic decision makers require flexible applications that can address complex and unpredictable business decisions in real time. This is driving the demand for smart process applications which offer collaborative business decisions in real time as opposed to the traditional applications used for automation purposes.
Further, the report states that one of the major challenges in this market is the operational issues stemming from the multi-vendor approach. With the increasing number of vendors present in the market, there is a growing complexity in the type of solutions being offered. Moreover, organizations also face problems while integrating various applications into a single solution.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Appian Corp.
- Cordys B.V.
- EMC Corp.
- IBM Corp.
- Kofax Inc.
- Lexmark International Inc.
- Onit Inc.
- OpenText Corp.
- OpenText Corp.
- Pegasystems Inc.
- Pegasystems Inc.
- RedPrairie Corp. Kanna Software Inc.
- Salesforce.com Inc.
- SAP AG.