The global process analytics market is expected to witness significant growth during the forecast period. The growth of this market is attributed towards increased adoption of digital transformation among various business enterprises and rapid adherence of task level mechanization across the globe.

Increasing demand of data analytics among process manufacturing organizations is the key trend observed in the process analytics market, globally. The technology is helping the business organizations in recognizing key strength and weakness in business operations that help them in taking informed and effective decisions.

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The major factor that is driving the growth of global market include employment of digital transformation that is enhancing awareness among the users helping them to understand and analyze business operations. Furthermore, it has been observed that association between enterprise resource planning (ERP) vendors and increasing adoption of task level automation are other factors pertaining towards the growth of the process analytics market, globally.

The key players offering their solution in the the process analytics market include Celonis, Kofax, Fluxicon, Minit, Icaro Tech, Lana Labs, Logpickr, Process Mining Group, Software AG, Fujitsu, CA Technologies, Process Analytics Factory, StereoLOGIC, Intellera Monkey Mining, QPR Software, TimelinePI, Scheer, Cognitive Technology, Signavio, and ProcessGold.

Source: VynZ Research