What is Workflow Automation Software Market?
Automating the workplace can have an intense impact on output, efficiency, accuracy, and innovation because it exchanges the low-level, manual office work with smart automation. Workplace automation software can remove redundant, manual tasks and help employees focus on high-value activity. This allows office workers to emphasis on the higher value activities and innovation that requires humans. By reviewing and optimizing existing manual processes and then building automated versions of those processes in workplace automation software, departments and organizations can also safeguard accuracy by configuring rules for information handling and decision-making that conform to existing policies.
The market study is being classified, by Application (Enterprise, Government and Other) and major geographies with country level break-up.
HCL Technologies (India), SAS Institute (United States), SAP SE (Germany), Nintex Limited (United States), IPSoft Inc. (United States), Vision Software SA (Colombia), Software AG (Germany), PegaSystems Inc. (United States), Oracle Corporation (United States) and IBM Corporation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Asana (United States), Integrify (United States) and K2 (South Africa).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Workflow Automation Software market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Workflow Automation Software market by Type, Application and Region.
On the basis of geography, the market of Workflow Automation Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Adoption in Healthcare & Pharmaceutical Industry
- High Demand for Workflow Automation in the Logistics Industry
Market Trend
- Integration of New Technologies with Workflow Automation
Restraints
- Data Insecurity Related to Workflow Automation Software
Opportunities
- Increased Focus on Digital Transformation Initiatives
Challenges
- High Implementation Cost and Difficulty in Integration of Software
Market Leaders and some development strategies
On Jul 01, 2019- HCL Technologies (HCL), a leading global technology company, today confirmed the official close the previously announced acquisition of select IBM products for security, marketing, commerce, and digital solutions. HCL is also formally introducing HCL Software, a new division that will operate this enterprise software product business and meet customer demand.
Key Target Audience
Service and Solution Providers, Network Providers, Healthcare Industry, Banking and Financial Institutes and Governmental Bodies