Taylor Dondich, ProcessMaker’s CTO, gave his views on BPM industry trends in the November 11th BPM.com podcast. This is the third article in the series. It explores some of the reasons why many BPM products fail - as well as which are poised for success.
Current State of Digital Transformation
Digital transformation has been the industry buzz phrase for the last five to ten years. Many of the large enterprise BPM vendors still adhere to the digital transformation message. Those vendors generally offer large, complex enterprise applications. These traditional solutions are often accessed via a desktop computer, while there is some movement to the cloud.
David and Goliath
The current BPM solution market is a bit like the David and Goliath story. Some BPM lumbering giants still exist in the past. All of their solutions come bundled into one enterprise offering, creating a one-stop-shop buying experience. While there is significant market penetration of these enterprise applications, new digital tools are emerging and challenging this traditional status quo. These nimble market entrants threaten the old paradigm with their newfound agility. We are already seeing this evolution in BPM beginning to unfold. Businesses are adopting multiple best-of-breed solutions, in whatever form they might take, to solve business problems rather than opting for a one-size-fits-most solution that might be strong in one area and weak in others.
