Business process automation (BPA) is one of the most important trends in business today. It allows companies to streamline their operations and improve efficiency. As BPA becomes more popular, it’s important to have the right tools to support your efforts. That’s where the Gartner Market Guide for Business Process Automation Tools comes in. This guide compiles the latest information on BPA tools, including reviews of the best options available today. By reading this guide, you’ll be able to select the right tool for your specific needs.
Process automation is one of the key technology trends that businesses should be aware of. And, as Gartner has pointed out, it is likely to become even more important in the years to come. In this market guide, you’ll find information on a variety of business process automation tools. You’ll learn about the different types of automation available, as well as the benefits and drawbacks of each. You’ll also be able to decide which tool is right for your business. If you want to stay ahead of the curve in terms of business process automation, make sure to check out this market guide.
Gartner Market Guide for Business Process Automation Tools
The Gartner Market Guide for Business Process Automation Tools provides an overview of the market, with separate chapters on process and product management tools. The market is forecast to grow from $4.9 billion in 2014 to $11.2 billion by 2019, at a CAGR of 20%.
The Gartner Market Guide for Business Process Automation Tools provides an overview of the market and discusses the most important vendors. The report includes vendor classification, market size, growth rate, and competitive landscape. The report also provides a review of popular business process automation tools.
Overview of Business Process Automation Tools
This Gartner report covers the market for business process automation tools and services. The report provides a comprehensive overview of market trends and major vendors, with analysis of key solutions offered. It covers topics such as process definition, process modeling, process orchestration, execution management, and data integration.
The report also contains forecasts for the market through 2021.
Business Process Automation Tools
The following table is a ranking of business process automation (BPA) tools based on their intended use. Gartner does not endorse any vendor or specific product in this table.
Processes that automate the creation and execution of business processes are gaining ground in both large and small organizations. These tools can help companies improve their efficiency, customer service, and governance practices. Here are three of the most popular BPA tools:
The SharePoint 2013 BPA offering from Microsoft includes features to automate workflows across SharePoint sites and to integrate with other back-end systems such as Microsoft Dynamics AX. The company also offers solutions for automating business processes across multiple channels, including email, chatbots, mobile apps, andissuance systems.
Oracle’s BPMS suite provides capabilities for orchestrating workflows across an organization’s data sources, applications, and users. Oracle offers a wide range of integrations with other enterprise software products, including Oracle Siebel CRM, SAP ABAP, Salesforce CRM Online, and Concur GE Workflow Management Suite.
Praxis Streams’ BPM Suite includes capabilities for automating how business processes are managed by actors within an organization. Praxis Streams integrates with other software products to support the orchestration of workflows across different platforms and devices.
Classification of BPAM Tools
BPAM tools fall into one of three broad categories: process automation tools, application integration tools, or business process management (BPM) tools. Within these categories, BPAM tools can be classified by their primary function: automating a specific business process or managing the execution of multiple business processes.
BPAM tools are used to automate individual business processes or to manage the execution of multiple business processes.
Evaluation Criteria for BPAM Tools
The Business Process Automation Monitoring and Management (BPAM) market is expected to grow at a CAGR of more than 18% during the forecast period 2016-2020.
BPAM tools are used to automate business processes in order to improve efficiency and accuracy. BPAM can help reduce the time it takes to complete certain tasks and can also help improve customer service. There are three main evaluation criteria for BPAM tools: functionality, integration, and performance.
Functionality includes how well the tool performs its primary task of automating business processes. Integration includes how easily the tool integrates with other systems, such as databases or enterprise resource planning (ERP) applications. Performance includes how quickly the tool completes tasks and how well it handles errors.
Some BPAM tools are evaluated on their ability to automate complex processes while others focus on automating simple tasks. There is no one right way to measure BPAM tool performance; rather, different organizations will use different evaluation criteria. Some common measures of performance include the amount of time saved by the tool in completing a task, number of errors reduced by the tool, and overall system efficiency increased by using the tool.
Market Dynamics for BPAM Tools
According to a Gartner report, the market for business process automation tools is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2018-2022. In this report, “Gartner Market Guide for Business Process Automation Tools,” analysts have analyzed the market for BPAM tools across five categories: application development frameworks, work management platforms, BPAM tool engines/suites, BPAM tool provisioning tools, and BPAM analytics tools.
The application development frameworks category is expected to grow at the highest CAGR during the forecast period. This is primarily due to the increasing demand for BPM solutions in customer facing businesses. The work management platforms category is also expected to grow significantly over the next few years as organizations move away from manual processes and towards more automated ones.
The BPAM tool engines/suites category will be the fastest growing segment of the market during the forecast period. This is due to the increasing adoption of cloud-based solutions by large enterprises and the trend towards modularization in BPM deployments. The BPAM tool provisioning tools category is also expected to experience significant growth in coming years owing to growing trends such as digital transformation and orchestration of multiple business processes through a single platform.
The BPAM analytics tools category has been identified as one of the key priorities for vendors in order to capitalize on trends such as industrial automation and big data exploration.
Types of Business Process Automation Tools
There are a variety of business process automation tools available on the market, each with its own unique features and benefits. Some common types of tools include Workflow management software, Process mapping tools, Business rules management tools, and Automation frameworks.
Workflow management software is a popular type of tool because it allows organizations to automate the business process from start to finish. This can be useful for tasks such as document creation, approvals, and notification. Process mapping tools allow organizations to visualize their business processes in a graphical format so that they can more easily understand how the various steps interact with one another. Business rules management tools help organizations create automated behavior by automatically taking into account specific conditions when executing a business process. Automation frameworks make it easy for Organizations to build custom automation solutions using pre-developed code libraries or templates.
Why Use Business Process Automation Tools?
There are many reasons to use business process automation tools, but some of the most common reasons are to improve efficiency and accuracy, reduce cost, and increase collaboration. By automating workflows and processes, businesses can save time and money while improving the quality of their products or services.
In addition, using business process automation tools can help companies increase collaboration across different departments. automating workflows can help ensure that information is always flowing between departments in a timely manner, which can lead to better decisions and more efficient operations. Additionally, workflow automation tools can also help companies standardize processes so that employees are more likely to follow established guidelines. Finally, by providing feedback on the progress of tasks as they’re being completed, workflow automation tools can help managers track the progress of projects and make necessary changes early on if needed.
Business process automation tools can have a significant impact on a company’s overall efficiency and effectiveness. If you’re looking to boost your productivity and improve your performance in the workplace, look for business process automation tools that fit your needs and goals.
How to Select the Right Business Process Automation Tool for Your Needs
When choosing a business process automation (BPA) tool, there are several factors to consider, including application area, governance and compliance requirements, performance requirements, scalability and cost.
The following table provides a simplified overview of these factors.
Application Area: BPA tools can be classified according to their application areas: enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), manufacturing or distribution. Governance and Compliance Requirements: Depending on the type of organization and its regulation requirements, different BPA tools may have different governance and compliance requirements. For example, ERP BPA tools must comply with Generally Accepted Accounting Principles (GAAP), while CRM BPA tools usually do not have such strict rules. Performance Requirements: The performance requirement for BPA tools refers to the speed at which they can complete certain tasks. Tools that are used in an ERP environment need to be able to handle large data sets quickly; SCM tools need to be able to manage orders accurately; and CRM tools need to respond quickly to customer interactions. Scalability and Cost: BPA tools vary in terms of their scalability and cost. Some are designed for a small number of users, while others can support a large number of users.
Tips for Implementing a Business Process Automation Strategy
Business process automation (BPA) is one of the most powerful and pervasive tools for speeding up business workflows. But it can be hard to get the most out of BPA if you don’t know how to use it. Implementing a BPA strategy can help your organization achieve many goals, such as improved efficiency, better customer service, and increased profitability.
1. Understand your business. The first step in implementing a successful BPA strategy is understanding your business’ current processes and how they could be automated. This information will help you prioritize which processes should be automated and which ones should remain manual.
2. Use process mapping to map out your business processes. A process mapping tool can help you visualize all of your business’ current processes and which ones could be automated. Once you have a good understanding of your processes, it’s time to start thinking about automating them.
3. Choose the right automation tools. There are a number of different automation tools available on the market today, and it’s important to choose the right one for your specific needs. It’s also important to remember that not all automation tools are created equal; some are more suited for certain types of processes while others are better at creating efficiencies throughout an organization’s workflow.
4. Train your employees on how to use the new automation tools. Once you’ve chosen the right automation tools and put them into place, it’s important to train your employees on how to use them safely
Business process automation (BPA) is a key enabler for modern enterprises, enabling them to improve the efficiency and agility of their business operations. In this Gartner Market Guide, we discuss BPA in the context of five use cases: customer engagement; order management; e-commerce and marketplaces; supply chain management; and workforce management. We provide quantitative forecasts for five regions—North America, Europe, Asia Pacific (APAC), Latin America, and Middle East & Africa (MENA)—and nine industry sectors: banking/finance; manufacturing; retail/consumer goods; transportation & logistics; digital media/entertainment services; professional services firms such as law firms and accounting firms; healthcare organizations such as hospitals and clinics.; utilities.