The market is changing as time goes by. Not only are the pure-play vendors working on increasing their market share, application platform vendors and enterprise application vendors will most likely get a "good piece" of the BPM "pie" in the future. Even though, the pie will not be shared equally with all vendors in this area, this is truly a scenario where it is possible for smaller providers and vendors to grow into this booming market. As small vendors expand their capabilities in this area, they can share the market with the big players. They will be able to use the strength of their solutions, specifically in the area of meeting the business needs of organizations and their vertical industry requirements, to compete in this booming market. So when an organization looks at the market for a BPM solution, they must have their requirements well defined and especially when looking for specific functionality, take the small vendors into consideration.
Conclusion
The market seems to have reached a level of maturity where vendors are now abolishing functional silos that prevent a smooth ,end-to-end, enterprise-wide flow of business processes. Vendors are connecting both transactional and informational systems and document management as organizations try to orchestrate their entire business process more efficiently to save time and money, and to add overall value.
As discussed in this article, there are different options and flavors existing in the current market. It is paramount that organizations carefully assess their current functional requirements and future needs in detail, and compare these against existing solutions.
The customer's challenge however, is to navigate through a growing pool of product offerings and make sure they will make the right decision in what kind of BPM vendors fits their needs best.
Conclusion
The market seems to have reached a level of maturity where vendors are now abolishing functional silos that prevent a smooth ,end-to-end, enterprise-wide flow of business processes. Vendors are connecting both transactional and informational systems and document management as organizations try to orchestrate their entire business process more efficiently to save time and money, and to add overall value.
As discussed in this article, there are different options and flavors existing in the current market. It is paramount that organizations carefully assess their current functional requirements and future needs in detail, and compare these against existing solutions.
The customer's challenge however, is to navigate through a growing pool of product offerings and make sure they will make the right decision in what kind of BPM vendors fits their needs best.
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