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NEW YORK, April 13, 2021 /PRNewswire/
The business process management as a service (BPMaas) market is expected to grow by USD 19.56 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the business process management as a service (BPMaas) market in optimistic, probable, and pessimistic forecast scenarios.
Technavio has announced its latest market research report titled Business Process Management as a Service (BPMaaS) Market by Deployment, End-user, and Geography - Forecast and Analysis 2021-2025
Enterprises will go through the Response, Recovery, and Renew phases.
The business process management as a service (BPMaas) market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
Appian shares tumble 8.5% on Q4 results
Shares of Appian Corp. were down 8.5% in extended trading Thursday following the business-tools company’s fiscal fourth-quarter results. Appian reported a net loss of $6.4 million, or 9 cents a share, compared with a net loss of $10.8 million, or 16 cents a share, in the year-ago quarter. Revenue rose 19% to $81.6 million from $68.6 million a year ago. Analysts surveyed by FactSet had expected a loss of 21 cents a share on revenue of $79.8 million. Appian’s stock has skyrocketed 246% over the last 12 months. The broader S&P 500 index has improved 16% in the last year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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