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Research and Markets: Global Workflow Management Systems Market 2015-2019 with HP, IBM, Oracle & SAP DominatingResearch and Markets (http://www.researchandmarkets.com/research/sfl4bw/global_workflow) has announced the addition of the "Global Workflow Management Systems Market 2015-2019" report to their offering. The Global Workflow Management Systems market to grow at a CAGR of 28.77 percent over the period 2014-2019. Workflow management is a process that helps to define, administrate, and coordinate different business processes in an organization. A workflow management system is a software used to execute and monitor various tasks in sequence. The most important function in a workflow management system is the coordination of individual steps. Increased demand for cloud-based workflow management systems is one of the major trends in the market. The adoption of workflow systems is fueled by the emergence of cloud-based solutions, which enable an organization to use the software at a low price. Cloud-based workflow systems offer easy scalability and flexibility, and help reduce costs of the business processes. According to the report, the nee to increase productivity and efficiency is one of the major drivers in the market. Workflow management solutions enable organizations to share documents in real time, share information, and discuss issues and provide solutions in a short period. Further, the report states that high cost of implementation is one of the major challenges in this market. The deployment of a workflow system is an expensive process because it requires professionally trained people. Moreover, implementing a complete workflow system is a time-consuming process. There exist two types of workflow management systems:
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For more information visit http://www.researchandmarkets.com/research/sfl4bw/global_workflow
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