BUSINESS PROCESS MANAGEMENT MARKET ANALYSIS

Market News

Global Business Process Management Market: Key Developments

• In February 2021, Genpact announced a partnership with Massmart (Africa), a leading retailer, to transform the financial operations and leverage analytics and digital technology to drive the competitive growth of Massmart. The former company will manage and change the financial and accounting services of Massmart, including accounts receivable, payable, and defined activities in financial tax, control, treasury, and perform financial analysis.
• In May 2022, IBM announced its extended partnership with SAP SE. As a part of the partnership, IBM is migrating to SAP ERP software SAP S/4HANA. This partnership will help IBM centralize and standardize data worldwide. The SAP HANA database allows data to be easily shared among business teams and accessed in real-time.
• In June 2022, Opentext unveiled its plan to accelerate cloud investment under Project Titanium. This project will strengthen the OpenText cloud platform by providing a common platform for using OpenText services and software.
• In March 2021, Nintex announced Desktop Imaging as their reseller partner in New Zealand. Desktop Imaging, based in Wellington (New Zealand) is a company that provides a complete document processing cycle for its customers. The Partnership between Desktop imaging and Nintex is made in response to the growing demand for solutions such as process automation, and process management, among others in the region.