BUSINESS DOCUMENT WORK PROCESS MANAGEMENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In June 2023, DocuWare, a leading provider of document management and workflow automation solutions, introduced an advanced workflow automation tool designed to streamline business processes. This innovative tool aims to help organizations eliminate inefficiencies by automating routine tasks and enhancing collaboration across teams.
• In January 2023, Hyland, a leading global provider of content services and enterprise imaging solutions, announced the expansion of its global operations to better serve the healthcare industry. This strategic move aims to enhance Hyland's ability to deliver innovative solutions that address the growing challenges faced by healthcare organizations, including interoperability and efficient data management.
• In November 2022, IBM introduced new software tools designed to help businesses eliminate data and analytics silos, enabling them to make swift, data-driven decisions, and effectively navigate unexpected challenges. The suite, known as IBM Business Analytics Enterprise, encompasses a range of business intelligence capabilities, including planning, budgeting, reporting, and forecasting, which provide users with a comprehensive view of data sources across their organizations.
• In November 2022, Infosys BPM, the business process management arm of Infosys, announced the launch of the Center of AI and Automation in collaboration with IBM at the Infosys Business Experience Lounge in Poland. This state-of-the-art center will showcase a growing portfolio of data and AI solutions designed to automate and accelerate the hybrid cloud journey of global enterprises.