CIOReview
| | APRIL 20186CIOReviewThe business process management (BPM) industry has continued its growth of two digits during the past year, responding to the corporate need for better process management in continuous improvement, optimization, governance, risk mitigation, regulatory compliance, cost savings, customer experience, business collaboration and digital transformation initiatives. BPM continues to integrate with day-to-day business operations, owing to its promise of delivering unprecedented dynamism, continuous innovation, and agility and flexibility to meet the customer needs. Unlike traditional BPM solutions, today's businesses require IT involvement to create, implement and optimize business processes. Leading BPM vendors are applying many techniques, and approaches using technologies such as artificial intelligence (AI), Internet of Things (IoT), and robotic process automation (RPA) realizing the opportunities involved streamlining and automating key business processes. The massive data increase today compels businesses to adopt digital technologies and search for new, improved solutions in order to stay relevant and thriving. BPM implementations are on the rise as organizations increasingly focus on delivering exceptional customer experience as their key brand differentiator. The best BPM solutions will be able to deliver an efficient optimization of internal business processes for a more custom-tailored and better customer experience. According to the 2018 Business Process Management Global Market Analysis, the worldwide BPM industry is expected to reach $17.96 billion by 2022, with an impressive growth at a CAGR of 18.4 percent during the forecast period of 2014 to 2022. The current inefficient streamlined processes will shift to a centralized shared service that will enable greater cost savings and better compliance. Duplicated processes will become the thing of the past, as more organizations start to embrace this empowering transition.At this juncture, CIOReview brings you the 20 Most Promising BPM Solution Providers. We are featuring a list of key players in the BPM space along with insightful articles from thought leaders in the industry. We believe this edition will help you in evaluating, formalizing, and implementing effective business process management strategies for your organization.Let us know your thoughts.EditorialBPM - The Core of Your Enterprise Copyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewAPRIL - 27 - 2018Contact Us:Phone:510-402-1463Fax:510-894-8405Email:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com April - 27 - 2018, Vol 07 SE 27 Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffSalesT:510.722.8394Aaron PierceArijit SarkarCarolynn WaltersJustin SmithKyle SummersRussell ThomasEric Thomaseric@cioreview.comVisualizersIssac GeorgeAnil KumarManaging EditorJeevan GeorgeBPM SPECIAL*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJeevan George Managing Editoreditor@cioreview.com
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