CIOReview
| | February 20176CIOReviewWith the growth of digitization and multiple communication channels, the nature of business processes across organizations has evolved from structured to much less structured today--aimed at facilitating knowledge intensive work in an easier way. While the primary goal of businesses in implementing Business Process Management (BPM) solutions is to reduce human error and provide a better ROI, the new ecosystem requires them to take a balanced approach towards it. The new age BPM systems should support all patterns of interoperability, taking into consideration the multitude of apps and devices in use and the dynamic processes facilitated by these components. While standing as the bridge between core operations of the company and the IT department, these systems should be able to grant extreme collaboration. This will essentially transform the way people communicate and work together, across organizational and geographic boundaries--to collectively drive efficiency and deliver breakthrough process performance. These transformations in the landscape are pushing the global BPM market to reach $13.52 Billion by 2021, from $6.96 Billion in 2016, According to MarketsandMarkets. To leverage the opportunity in the market, vendors are integrating innovative technologies into their BPM solutions--from automation, analytics and machine learning to even Artificial Intelligence. There is also the strong move toward cloud-based BPM, which will offer a wide array of business transformational capabilities. Robust BPM solutions that integrate these capabilities will enable COOs and CTOs to concentrate more on their core business while reducing the cost of running operations. In this annual special edition on BPM, we try to bring you a list of such players who are on top of the game in the BPM arena. The edition blends thought leadership from subject matter experts with stories on what selected vendors are doing for their clients.Let us know your thoughts.Jeevan George Managing Editoreditor@cioreview.comEditorialA Drive toward EfficiencyCopyright © 2017 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.CIOReviewFEBRUARY - 27 - 2017Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.402.1463, F:510-894-8405 FEBRUARY - 27 - 2017, Vol 06 SE 7 Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffSalesT: 510-565-7560Aaron PierceAva GarciaBrian JacksonFrank Noel Joshua ParkerSarah Fernandes Kevin Morriskevin.morris@cioreview.comVisualizersStephen ThomasJohn GouthamManaging EditorJeevan GeorgeBPM SPECIAL
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