Over the last few years, BPM has seen rapid growth because it succeeds where earlier approaches have failed -- uniting business strategists and technologists together with a shared set of tools to accomplish common goals. The future promises even more explosive growth as BPM products continue to mature, early success stories are shared, and enterprise-class vendors bring stability and scale to the market.
State of the Business Process
Management Market 2008 An Oracle White Paper Updated August 2008
State of the Business Process Management Market 2008
Executive Summary .......................................................................................... 3 Overview of Key Findings............................................................................... 3 Business Processes: A Growing Corporate Priority..................................... 4 Process Is a Competitive Differentiator.................................................... 5 Bridging Enterprise Applications ............................................................... 6 BPM Seamlessly Unites the Enterprise ..................................................... 7 BPM Is More Than Just Technology......................................................... 8 BPM Market Size and Segmentation.............................................................. 9 Large, Rapidly Growing Market Though Size Estimates Vary ............ 10 Most BPM Deployments Focus on Departmental Usage .................... 11 The Evolution of BPM .............................................................................. 13 Primary Components in BPM Suites....................................................... 14 BPM Industry Standards............................................................................ 16 Market Trends: Participation, Scale, and Convergence ............................. 17 Leveraging SOA to Achieve BPM Success............................................. 17 Enable Real-Time Visibility with Event Processing .............................. 20 Empowering Knowledge Workers with Collaborative BPM............... 23 A Foundation for Dynamic Business ...................................................... 26 Participant-Driven Process Management................................................ 27 Next Steps: Think Big, Start Small, and Move Fast ................................... 29 Create an Integrated Partnership Between Business and IT ................ 30 Prioritize Process Opportunities Based On Complexity and Value.... 30 Address People Issues Early in the Process............................................ 31 Additional Resources ...................................................................................... 32
State of the Business Process Management Market 2008 Page 2 State of the Business Process Management Market 2008
EXECUTIVE SUMMARY On January 25, 2008, Oracle completed a thorough analysis of the business process BPM has helped organizations improve management (BPM) market, drawing on more than 100 analyst reports, articles, visibility into market risk, double profit margins through operational efficiencies, and customer surveys. To help customers better understand the market, this white and triple customer satisfaction rates by paper explores the rise of BPM, its current trajectory, and trends to watch. The automating manual and paper-based early adopters of BPM have much to share. BPM has helped organizations processes. improve visibility into market risk, double profit margins through operational efficiencies, and triple customer satisfaction rates by automating manual and paper-based processes.
Over the last few years, BPM has seen rapid growth because it succeeds where earlier approaches have failed-uniting business strategists and technologists together with a shared set of tools to accomplish common goals. The future promises even more explosive growth as BPM products continue to mature, early success stories are shared, and enterprise-class vendors bring stability and scale to the market.
OVERVIEW OF KEY FINDINGS To provide context for the ensuing detailed discussion of the BPM market, the key findings of Oracle's market survey are listed below. The remainder of this document expands on these points to further illustrate the strength of this market. . Rapid market growth. The BPM market is one of the fastest growing software markets, estimated to grow tenfold in five years, from approximately US$500 million in 2006 to US$6 billion in 2011. . Market consolidation and technology convergence. The BPM market is consolidating from nearly 150 vendors recognized in 2006 to just 25 in 2007. Large enterprise-class vendors are replacing the small pure plays, offering more-holistic solutions that combine BPM with collaboration, portals, document management, ... [download for more]
