
Application development professionals should use this report to understand the value they can expect from a process mining, modeling, and documentation provider and to select one based on size and functionality.
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The process optimization market, which consists of process
mining, task mining, process modeling, and documentation, stood at $525 million
in 2021. This market has traditionally served process improvement professionals
but increasingly has become a feeder for process automation initiatives by
providing objective insight into the efficiency and effectiveness of existing
processes as well as powerful tools to collaboratively drive process reengineering.
This research analyzes the market size, market drivers, and geographic and
vertical presence for the overall process optimization market.
In this webinar, principal analyst Bernhard Schaffrik and researcher
Renee Taylor give an overview of the process optimization market and provide
technology leaders with insight into the drivers and implications of this small
but important market.
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Application development professionals should use this report to understand the value they can expect from a process mining, modeling, and documentation provider and to select one based on size and functionality.
The market for process optimization is $525 million in 2022. EMEA and North America lead geographically. Financial services and manufacturing lead verticals.
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