Gartner Says Spending on Business Process Management Suites to Reach $2.7 Billion in 2015 as Organizations Digitalize Processes

Worldwide spending on business process management (BPM) software is set to grow 4.4 percent to reach $2.7 billion in 2015, according to the latest forecast from Gartner, Inc. As organizations are beginning their digital transformation — rethinking their business models and processes to address customer and constituent expectations — a shift toward using what Gartner terms an intelligent business process management suite (iBPMS) is underway. There are four significant trends that Gartner is seeing in the iBPMS market:

1)    Focus on Business Transformation

2)    Digitalized Processes and the Internet of Things

3)    Shift Away From Transactional Processes

4)    The Nexus of Forces — Mobile, Social, Cloud and Analytics

More Info: http://www.gartner.com/newsroom/id/3064717