The main goal of BPM processes is to examine business operations and identify potential areas for improvement so that management and businesses can take action to improve them and make them more dependable and efficient.
The procedure helps operations become more efficient and flexible in response to changing circumstances in this way. The approach also boosts business efficiency and return on investment (ROI).
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Generally, it is known that the business process management (BPM) market is expected to grow significantly in the coming years. Factors such as increasing automation and digitalization of business processes, growing adoption of cloud-based BPM solutions, and the rising need for process optimization drive market growth. According to various research firms, the global BPM market was valued at USD 10.13 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.9% from 2021 to 2028.
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