Pune, India -- (SBWIRE) -- 08/16/2019 -- Global Process Orchestration Market overview:
The report of global Process Orchestration Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.
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The growing demand for Process Orchestration has provided a major boost to the Global Process Orchestration Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2019 up to 2023.
The Global Process Orchestration Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Process Orchestration Market is sub segmented into Solution, Services. Based on End Use Industry segment, the Process Orchestration Market is sub segmented into 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 . The manufacturing industry vertical is expected to hold the largest market size during the forecast period. While the BFSI industry vertical is expected to present prospective opportunities for process orchestration vendors during the forecast period.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Some of the major players that operate in the Global Process Orchestration Market are SAP, IBM, Oracle, Cisco, CA Technologies, Fujitsu, Micro Focus, HCL, Servicenow, Opentext, BMC Software, Newgen Software, Software AG, Wipro, Everteam, Tibco Software, Icaro Tech, Cortex, EQ Technologic, PMG Net, Nipendo, Data Ductus, Arvato AG, Ayehu, Dealflo .
On the basis of regional analysis, North America is expected to hold the largest market size, as this region is extremely responsive toward the adoption of latest technological advancements. Whereas APAC is expected to grow at the highest Compound Annual Growth Rate, and has become a new hotspot for process orchestration vendors as a revenue generating region. Furthermore, Europe is expected to be another revenue generating region for the process orchestration vendors.
Latest Industry Updates:
Wipro :- A leading global Information technology, consulting and business process services company, announced that ADM Aéroports de Montréal has awarded a five-year strategic IT and business transformation contract to Wipro. ADM operates YUL Montreal-Trudeau International Airport, the third-largest airport in Canada, and YMX International Aérocity of Mirabel.
This partnership will transform ADM's airport operations through Wipro's integrated service delivery model, airport domain expertise and hyper-automation powered by the Wipro HOLMESTM artificial intelligence platform. The engagement will drive operational excellence, enhance user experience, catalyze the transformation of business processes and will foster innovation at ADM by leveraging technologies such as AI, cloud, analytics, IoT, Augmented Reality (AR), Virtual Reality (VR) and drones. The contract will also deliver ready-to-deploy digital airport assets, enabled by an ASQ-driven framework, to help ADM realize its vision of making YUL a world leader in terms of passenger experience and airport operations.
"YUL is experiencing strong and sustained growth in passenger traffic. In that context, technology will be used as a key enabler in improving operational efficiency and passenger experience. The digital evolution that will take place in collaboration with Wipro will allow us to offer services that are even more effective in meeting the needs of travellers. This partnership will also enable ADM to benefit from Wipro's technological expertise gained through its work with many other international airports," said Ginette Maillé, Vice President, Finance and Administration and Chief Financial Officer, ADM. Aymeric Dussart, Director-Technology & Innovation, ADM said, "This partnership will enable ADM to achieve its digital ambitions and pursue the technological developments required to meet the growing demand for travel and the new expectations of our passengers, who are now hyper-connected and looking for tailor-made experiences."
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Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Table of Contents:
Global Process Orchestration Market Report 2019
1 Process Orchestration Definition
2 Global Process Orchestration Market Major Player Share and Market Overview
3 Major Player Process Orchestration Business Introduction
4 Global Process Orchestration Market Segmentation (Region Level)
5 Global Process Orchestration Market Segmentation (Product Type Level)
6 Global Process Orchestration Market Segmentation (Industry Level)
7 Global Process Orchestration Market Segmentation (Channel Level)
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