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Some of the key Process Orchestration industry players profiled in the report include BMC Software, Inc., CA Technologies, Cisco Systems, Inc., HCL Technologies Limited, Micro Focus, Oracle Corporation, SAP SE, ServiceNow, Inc., and TIBCO Software, Inc. On the other hand, the integration of advanced technologies such as artificial intelligence and improvement in IT methods to meet the dynamic requirements of customers create new opportunities in the coming years. However, lack of knowledge among users, misunderstanding regarding the importance of process orchestration, and increase in regulations & compliance requirements hinder the market growth. Rise in the adoption of business process automation technologies to improve quality, efficiency, and interactions with other companies & customers along with an increase in the deployment of sufficient business solutions by organizations to reduce operational costs drive the growth of the global process orchestration market. The selection of such platforms has reduced manufacturing costs and helped to enhance the value chain and the whole operations of an organization. In addition, it is well-known to push forward the efficiency of business operations. This platform helps businesses to effectively serve the business processes. It provides a platform, that supports both IT and business experts to work together and monitor business process applications and safely exchange information. Process orchestration is the platform, which allows the orchestration of several business activities among individuals, processes, and systems and is used for developing custom workflow operations. PORTLAND, PORTLAND, OR, UNITED STATES, Novem/ / - According to a new report published by Allied Market Research, the global process orchestration industry generated $4.4 billion in 2021, and is estimated to reach $22.9 billion by 2031, witnessing a CAGR of 18.4% from 2022 to 2031. The rise in the deployment of sufficient business solutions to reduce operational costs and efficiently utilize their IT resources drives market growth.

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