Business Process Management and the Integration Software Market to Become a $16.7 Billion Opportunity by 2005; Aberdeen Launches Business Process Management Practice Area.Business/Technology Editors BOSTON--(BUSINESS WIRE)--March 7, 2002 Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. , a leading provider of technology market consulting and research, states that the Business Process Management (BPM (Business Process Management) A structured approach that models an enterprise's human and machine tasks and the interactions between them as processes. BPM software provides users with a dashboard interface that offers a high-level view of the operation that typically ) and the integration software market will represent a $16.7 billion market opportunity by 2005. Addressing this growing market is the new Aberdeen Aberdeen, former county, Scotland Aberdeen, former county, Scotland: see Aberdeenshire. Aberdeen, city, Scotland Aberdeen, city (1991 pop. Market Viewpoint, "Business Process Management: an Emerging Category of Software". This Aberdeen Market Viewpoint sizes the BPM segment of this market, describes the business value derived from deploying BPM solutions, differentiates this technology category from other integration segments, and presents the market forces that are driving the adoption of BPM across specific vertical segments. Suppliers and the vertical segments they target are also presented. Research Practice Director Darcy Fowkes says, "This category of software may arguably ar·gu·a·ble adj. 1. Open to argument: an arguable question, still unresolved. 2. That can be argued plausibly; defensible in argument: three arguable points of law. provide the greatest return on investment compared to any other category of software available on the market today. BPM gives organizations the ability to cut operational costs at a time when the economic downturn Downturn The transition point between a rising, expanding economy to a falling, contracting one. downturn A decline in security prices or economic activity following a period of rising or stable prices or activity. makes it increasingly difficult to boost revenues. BPM defines, enables, and manages the exchange of enterprise information through the semantics semantics [Gr.,=significant] in general, the study of the relationship between words and meanings. The empirical study of word meanings and sentence meanings in existing languages is a branch of linguistics; the abstract study of meaning in relation to language or of a business process view that incorporates employees, customers, partners, applications, and databases." For more information about "Business Process Management: An Emerging Category of Software" Viewpoint, visit http://www.aberdeen.com/ab_company/hottopics/bpm or call (650) 330-3112. About Aberdeen Since 1988, Aberdeen has been a leader in providing market analysis and positioning services that help business technology suppliers meet the challenge of establishing leadership in fast-changing markets. Aberdeen is headquartered in Boston, MA, and has research divisions in Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , CA; Fort Collins, CO; and Amsterdam, the Netherlands. Aberdeen is accessible via the Web at www.aberdeen.com. |
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