Process Automation Software Market Scope
Process automation is a software tool that uses technology to automate, execute and streamline processes that are otherwise carried out by manual means. While establishing a workflow, a process has to be defined by the system in order for the system to achieve the desired output.
The market study is being classified by Type (Business Process Management Software, Digital Process Automation (DPA) Software, Process Mining Software and Robotic Process Automation (RPA) Software) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Process Automation Software market throughout the predicted period.
Microsoft (United States), Oracle (United States), IBM (United States), Laserfiche (United States), Nintex UK Ltd (United Kingdom), Kissflow Inc. (United States), Okta Inc. (United States), Zoho Corporation Pvt (India), Process Street (United States), TIBCO Software Inc. (United States), OptimumHQ (United States), Process Bliss (United Kingdom) and Prophix (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Adobe (United States), AppSheet (Google) (United States), Automation Anywhere (United States), Blue Prism (United Kingdom), Celonis (Germany), Creatio (United States), Datamatics TruBot (India), Epicor (United States) and Intellibot (United States).
AdvanceMarketAnalytics has segmented the market of Global Process Automation Software market by Type, Application and Region.
On the basis of geography, the market of Process Automation Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 11 Feb 2020, Laserfiche, the leading global provider of intelligent content management and business process automation announced the availability of workflow bots, new features that allow organizations to take advantage of expanded robotic process automation (RPA) capabilities in the Laserfiche platform. Laserfiche workflow bots offer a no-code solution to automating repeatable clicks and data entry actions across applications, key for organizations looking to build more complete, end-to-end solutions.
On 20 May 2019, Kissflow, a leader in business process and workflow management software announced its expansion into the digital workplace segment with a first-of-its-kind platform for fast-scaling enterprises. Kissflow Digital Workplace combines the power of project management, process automation and team collaboration to streamline business workflows and enterprise productivity. and On 7 March 2019, Okta, Inc. announced it has entered into a definitive agreement to acquire Azuqua, a leader in no-code, cloud-based business application integration and workflow automation. Together, Okta and Azuqua will provide organizations with a neutral, independent control center for automating the business processes and the flow of identities between applications and services for everyone in an organization— from employees to partners, and customers. The proposed acquisition is expected to close during Okta’s fiscal first quarter, subject to the satisfaction of certain closing conditions.
- AI-Driven Technologies Such As Machine Learning and Predictive Analytics Will Facilitate the Rapid Adoption of A Data-First Culture In Organizations
- Robotic Process Automation Will Integrate Closely With BPA Technologies to Execute Complex Workflows
- Businesses across the Globe Are Transforming Into a Dynamic Digital Environment
- The Rising Demand for the Business Process Automation
- The Growing Demand from the Various End User Industries
- The Growing Demand from the Developing Countries
- Industry 4.0 Is Expected to Open Lucrative Opportunities for the Market
- Security Threats May Hamper the Growth
Key Target AudienceProcess Automation Software Providers, Potential Technology Investors, Regulatory & Government Bodies, End Users and Others
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