Process Orchestration Market Is Booming Worldwide To Generate Huge Revenue By 2023

Northbrook, IL, USA, 2020-Apr-20 —

Process orchestration solution and services are being rapidly adopted by industry verticals, such as BFSI, telecom and IT, consumer goods and retail, media and entertainment, manufacturing, transportation and logistics, energy and utilities, and others (government, healthcare, education, and travel and hospitality), to optimize their business processes.

Process orchestration solution and services are gaining popularity, as they empower enterprises for meeting their business requirements in a cost-effective manner.

Process orchestration help organizations make more optimized use of their available workforce. Some of the organizations are still unaware of their benefits, and are quite reluctant to adopt process orchestration solution and services in their daily operations and functioning.

There is a widespread misconception among organizations that the adoption of automation and orchestration is going to pose a threat to the job security of their workforce, as many manual processes performed by workers would be automated.

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These services are mostly post-sales services that are delivered to customers after the purchase of products. The professional services also include designing, planning, upgrading, and a host of other consulting services, which are offered to clients. The professional services teams offer comprehensive services via the latest techniques and tools, skills, knowledge, and strategies to address organizations’ process orchestration needs.

As the on-premises deployment requires huge infrastructure and a personal data center, only those organizations that can afford its deployment cost usually deploy this model. Therefore, the SMEs often face the dilemma of choosing between cloud and on-premises solutions. The on-premises deployment model offers several advantages, such as system and data control, and dedicated maintenance and support staff.

The increasing automation and on-time service delivery is expected to provide great opportunities for process orchestration solution and service vendors in the future. Major vendors who offer process orchestration solution and services across the globe include SAP (Germany), IBM (US), Oracle (US), CA Technologies (US), ServiceNow. (US), Cisco (US), BMC (US Fujitsu (Japan), OpenText (Canada), TIBCO (US), Software AG (Germany), HCL (India), Wipro (India), Newgen Software (India).  

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