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The global Business Process-as-a-Service (BPaaS) market size was 4560 million US$ and it is expected to reach 19900 million US$ by the end of 2025, with a CAGR of 20.2% during 2019-2025.
The BPaaS solution is a form of business process outsourcing that utilizes cloud computing service model to provide more feasibility and reduce overall operational costs. BPaaS provides executable business processes to clients over the internet, because of which it is increasingly being adopted by companies across the globe. On the other hand, adequate integration of IT services in companies might act as a challenge to the growth of the market. However, this scenario is expected to change during the forecast period, with companies developing improved IT infrastructures.
Top Companies Like:Accenture, IBM, Cognizant technology Solutions Corporation, Tech Mahindra Capgemini, Fujitsu Limited, Genpact, Oracle Corporation, SAP SE, Wipro Limited
Get the answer in the presentation "Robotics in Finance" by Mr. Rode, Project Manager at Allianz, that you read here for free: http://bit.ly/2DkDbDW
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