Business Document Work Process Management (BPO) Market Shares, Strategies, and Forecasts, Worldwide, 2014 To 2020: MarketResearchReports.Biz

Albany – New York, Oct. 29, 2015 (GLOBE NEWSWIRE) — The 2014 study has 416 pages, 187 tables and figures.  Worldwide markets are poised to achieve significant growth as the cloud computing utility infrastructure and the smart phone communications systems for apps are put in place, continuing to drive the use of electronic document replacement of all paper documents.

View Report at http://www.marketresearchreports.biz/analysis/216079

Work document processing represents digitization of paper documents.  The techniques for document management, content management of unstructured data can be applied to the paper documents once they are digitized.  Analytics can then be applied to the information contained in the documents.  From time to time the documents can be input into a database and handled as structured data in tables.

Outsourcing services provide solutions for business document work process management (BPO).  As more electronic forms are created, documents are becoming increasingly electronic.  They still need to be used in a variety of ways.  Medical records provide some significant challenges to protect patient identity.  

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Scanners have been used to convert paper documents to electronic formats.  Production level scanners are rated at 8,000 pages per day.  Optical Character Recognition (OCR) is the term applied to re-purposing functions.  Hardware that is necessary to make document work process automation possible has become commoditized.  Software and services are used to implement a solutions based competitive environment.   

Document work process market driving forces relate to the shift to IT integrated systems management of electronic information.  Paper and electronic document processing is set to move to web site and electronic document management.  

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As paper documents become less used and converted to electronic forms from the outset, document work process markets are set to grow.  Hardware scanners of paper documents have become commodity units as at the same time paper is being replaced by electronic forms.  Software is dominating the document work process industry.  As tablets and smart phones proliferate, electronic forms available as apps are not far behind.   With the advent of apps and sophisticated software, document work process shifts to an all-electronic business.  

Not that the paper has gone away, but it is not the problem that it was ten years ago.  Electronic forms are easier, more accurate and 100% available as every person who is not an infant gets a smart phone in the next five years.  

This makes the document solutions more a question of moving data from devices to the back end and managing unstructured content to achieve extraction of potentially structured data from the document than of handling paper.

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Paper document imaging is one driving force in the market.  Managed print services and electronic process management are aspects of electronic document processing.  Forms recognition, data extraction, and data release into upstream systems represent the future of the document work process industry.  

Scanning is referred to as digital imaging, is a process whereby a paper document is turned into an electronic image or electronic characters.   Digital imaging performs optical character recognition (OCR) processes upon digital images following scanning. … Document arrangement: Prior to scanning, determine the units of store the copies in separate locations-even during the production phase of a scanning.

Key Topics

  • Document Process Products
  • Document Process Analytics
  • Document Process WEB Services
  • Electronic Document Workflow
  • Paper Document Workflow
  • Document Cloud Architecture
  • Forms Mobile Architecture
  • Document Outsourcing
  • Document Sorting and Indexing
  • Records Modernization Using Work Process
  • Work Process Roadmap
  • Document Recognition
  • Document Based Cloud Computing

Companies Profiled

  • Market Leaders
  • Xerox
  • Eastman Kodak
  • Banctec
  • Synnex / Concentrix / IBM
  • Fujitsu
  • Hewlett Packard
  • Parascript
  • Cannon
  • Konica Minolta
  • Lexmark
  • Ricoh
  • Parascript
  • Scan Optics

Market Participants

  • Adobe
  • Coghlin Companies / ColumbiaTech
  • Connecticut Business Systems
  • Doma
  • Fujitsu
  • Parascript
  • Patriarch Partners
  • PCM/Sarcom
  • Sound Telecom
  • Scan Store Invoice Data Capture
  • Sound Telecom

Related Reports:

Global Document Management Systems Market 2015-2019

View Report at http://www.marketresearchreports.biz/analysis/363245

Document management systems (DMS) enable organizations to manage tasks effectively and streamline processing of their documents across all departments. From unstructured content to structured documentation, DMS includes every action taken with respect to creation, distribution, and deletion of documents. It helps centralise unorganized documents. Unorganized content makes it difficult for large organizations to use the available data and extract business related information. DMS manages the consistency of documents and protects documents from unauthorised use.

The global document management systems market to grow at a CAGR of 14.28% over the period 2014-2019.

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Covered in this report

This report covers the present scenario and the growth prospects of the global DMS market for the period 2015-2019. To calculate the market size, it considers revenue generated through the following:

Software licenses and subscription costs

Software implementation and maintenance costs

Global Document Outsourcing Market 2015-2019

View Report at http://www.marketresearchreports.biz/analysis/278078

Organizations today are automating the business processes and leveraging useful data to achieve quick decision-making at the management level and transparent customer communications. With increased need for digital services, companies are adopting multi-channel communications. They find it difficult to implement the proficient document processing due to lack of the skilled workforce, technology, and time to execute and manage these systems and opt for document outsourcing, which helps enterprises reduce costs while providing efficient ways of data conversion and communication.

The global document outsourcing market to grow at a CAGR of 5.2 percent over the period 2014-2019.

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Covered in this report

The global document outsourcing market can be categorized in three segments: onsite contracted services, statement printing, and document process outsourcing. This report covers market segmentation by geography based on the three key regions: the Americas, EMEA and APAC.

Global Document Outsourcing Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes profile of key vendors operating in this market.

Global Network Office Document Solutions Market 2015-2019

View Report at http://www.marketresearchreports.biz/analysis/273140

Network office document solutions refer to paper-less document processing that offers a wide range of services to enhance an organizational productivity and help business become more cost effective and secure. Providers are increasingly looking to help organizations reduce imaging assets, improve device utilization, and enhance network environment and security. These services include document reproduction, document distribution, document conversion, and management.

The Global Network Office Document Solutions market to grow at a CAGR of 9.4 percent over the period 2014-2019.

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Covered in this Report

The report covers the present scenario and the growth prospects of the Global Network Office Document Solutions market for the period 2015-2019. The market can be segmented into four: Enterprise Output Management, Document Production, Digital Document Management, and Device Management.

Global Network Office Document Solutions Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Network Office Document Solutions market landscape and its growth prospects in the coming years. The report includes profile of key vendors operating in this market.

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