BPaaS Market, Cloud BPM and CSB Industry 2018 Forecasts

DALLAS, September 4, 2014 /PRNewswire/ --

Global Business Process as a Service Market (BPaaS) and Cloud BPM are forecast to be worth $7.12 billion in 2018. In terms of regions, North America is expected to be the biggest market in terms of revenue contribution, while APAC is expected to experience increased market traction, during the forecast period. The Cloud Brokerage Enablement market is set to grow to $2.03 billion by 2018, at a CAGR of 55.3%. In terms of the global cloud services brokerage market, analysts forecast the market to grow from $1.57 billion in 2013 to $10.5 billion by 2018.

RnRMarketResearch.com offers Business Process as A Service (BPaaS) Market & Cloud BPM Market By Process Outsourcing (Sales, Finance and Accounting, Human Resources, Marketing, Operations) - Global Advancements, Opportunity Roadmaps, Market Forecast and Analysis (2013 - 2018) research report of 350 pages in its store. The need for increasing the agility of a business process, along with cost control measures is playing a cardinal role in shaping the future of Business Process as a Service Market and Cloud BPM. Although the adoption of these solutions is relatively slow due to cautious approach of the top management and compliance concerns; these solutions are expected to enjoy enduring growth and have a pervasive existence across all major verticals, owing to the growing demand for automation and virtualization of workplace. These solutions are well-positioned to provide solution for globally spread businesses, despite different organizational structures and business process needs. MarketsandMarkets further expects that the integration of BPaaS solutions within the existing organizational framework will further amplify the growth of businesses, while ensuring the compliance and regulatory standards.

Major forces driving this market are the development of automated and software driven outsourcing, growing need for cost effective business processes and the market trend of employing cloud computing technology. The need for cost effective business processes is soaring as organizations aim to gain a competitive edge in the industry. Business Process as a Service Market and Platform BPO solutions ensure cost efficiency as Information Technology (IT) infrastructure requirements are reduced. Globally, revenues from business process services are increasing with the rising demand for cost saving and business automation enhancing solutions. While organizations across the globe are looking forward to integrate Business Process as a Service Market and Platform BPO solutions into their mainstream process workflows, the business process service providers are optimistic about enriching their offerings by delivering value added services.

Companies profiled in this BPaaS market report include Accenture, ADP, Capgemini, Cognizant, CSC, Ebuilder, Fujitsu Limited, Genpact, IBM, Northgatearinso, Oracle, SAP, Wipro, WNS and Xerox-ACS. Other key innovators like Adaptive Planning, Nuevora and Verecloud are also discussed in this research available for purchase at http://www.rnrmarketresearch.com/contacts/purchase?rname=102524 .

Another report titled Cloud Brokerage and Enablement; Cloud Services Brokerage (CSB) Market: Global Advancements, Business Models, Future Opportunities, Worldwide Market Forecasts and Analysis (2013 - 2018) says In the increasingly complex cloud computing scenario, there exists a dire need to amalgamate all cloud-based services and offerings on an integrated platform, to ensure seamless delivery to the end-user. With a wide array of offerings spanning across infrastructure-as-a-service (IaaS), Software-as-a-service (SaaS), Platform-as-a-service (PaaS), Business Process as a Service (BPaaS), and many alike; the cloud marketplace is progressively becoming more diverse and hence, incoherent at the same time. In order to address this seemingly large gap between different standards, platforms, services, and offerings, a unified platform seems to be the only resort, and is ascertained to bridge the gap.

The Cloud Brokerage and Enablement market is set to redefine the cloud environment, with its inherent integration, aggregation, and inter-operable capabilities. Cloud Services Brokerage (CSB), as a concept, has evolved over the years; however, its potential and existence has come to light very recently. Cloud Brokerage and Enablement market refers to the cloud brokerage enablement market and the cloud brokerage market, collectively. Both these markets have been defined, segmented, and estimated, separately; wherein cloud brokerage enablement refers to integration platforms which aggregate, customize, and/or integrate cloud offerings on a single platform, thereby enabling other players to become cloud brokers. Cloud Brokerage, on the other hand, is defined by market players who use the enablement platforms as brokers, and serve Small and Medium-sized Businesses (SMBs) and enterprises, for their respective cloud-based needs.

Presently, this market comprises of various players who are dedicatedly offering and building on their enablement platforms, with internal and external offerings. While internal enablement is widely being adopted by large enterprises and financial organizations; external enablement is being adopted by players such as telecom providers, system integrators, hosting providers, Independent Service Vendors (ISVs) and resellers, to become cloud brokers. The Cloud Brokerage and Enablement market is at a very nascent stage and stands highly fragmented.

A CAGR of 46.2% is forecast for the growth of cloud brokerage and enablement as well as CSB markets. Companies profiled in this CSB market report include Aepona, Appdirect, Appirio, Besol, Cordys, Dell, Gravitant, Hitachi Consulting, Infonova, Jamcracker, NEC, Nephos Technologies, Parallels, Trustweaver, Verizon - Cloudswitch and Zimory. Additionally, key innovators like Amalto Technologies, Arrowsphere, Axeda, Bell Canada, Celigo, Commonit, Covisint, Duracloud, Ebuilder, Enstatrus, Evercloud, Fugen Solutions, IBM, Infogain, Ingram Micro, Jitterbit, Kaavo, Layer 7 Technologies, Liaison Technologies, Ltech, Sigma Systems, Snaplogic, Solvedirect, Square Hoop, Standing Cloud, Strategic Blue, Synnex, Verecloud, Vordel and Zerodesktop are also discussed in this research available for purchase at http://www.rnrmarketresearch.com/contacts/purchase?rname=85990 .

Explore more reports on cloud computing market as well as other IT & Telecommunications sectors at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication .

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