| Title: | BPMS Revenue To Reach $6.3 Billion By 2011 |
| Price: | $775.00 |
| Publication Date: | Jul 30, 2007 |
| Source: | Forrester Research |
| Author: | Ken Vollmer |
| Report Type: | Market Overview |
| Word Count: | 4531 |
| Length: | 13 Pages |
| Description: | Business process management (BPM) license, services, and maintenance revenue from software vendors will grow from approximately $1.6 billion in 2006 to $6.3 billion by 2011. This growth is powered by enterprises seeking to improve the efficiency, effectiveness, and strategic value of key business processes that span a range of scenarios including human interactions, system and application integration, document processing, and complex decision making. Since our last BPM market forecast in early 2006, significant convergence has occurred between the integration-centric and human-centric segments of the business process management suite (BPMS) market. But enough differences persist to warrant discrete forecasts by segment. Enterprise architects and business process professionals should carefully match their organizations' needs to the different market segments of BPMS tools, recognizing that more than one type of BPMS might be required to adequately cover the full range of their enterprise requirements. |
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