Infosys and SAP to offer Business Process Transformation-as-a-Service
Infosys and SAP will together collaborate to offer Business Process Transformation-as-a-Service (BPaaS) to the enterprises.
According to Allied Market Research report, the global Business Process Transformation-as-a-Service (BPaaS) market is estimated reach $15.1 Billion by 2023 from $3.9 Billion in 2016. The driving factors for BPaaS market growth will be cloud projects in enterprises and a need to optimize business processes in North America, Europe, and Asia-Pacific, notes the report.
Executive Opinion
Executive Vice President & Global Head of Enterprise Application Services, Infosys, Dinesh Rao, said, "As we navigate through Cloud, BPI becomes an essential component of the transformation journey for enterprises. We are delighted to work with SAP in bringing the best-in-class offering to clients for enhancing their process efficiencies. By harnessing our Cobalt portfolio, we look forward to improving the inefficient business processes that become an impediment to enterprises’ transformation journey. Given our strong relationship with SAP, we will continue to deliver value and innovative solutions to our clients."
General Manager, Business Process Intelligence, SAP, Rouven Morato, said, "The value of BPI extends beyond IT and actually impacts how businesses operate. Our blended expertise with Infosys, will enable enterprises to accelerate their digitization journey and scale their businesses globally."
Infosys and SAP for BPTaaS
Business Process Transformation-as-a-Service (BPaaS) brings flexible pricing model, cost efficiency, cloud enabled technology, increased business agility, and time zone. It also reduces the business risks.
HR services, finance & accounting services, analytics, supply chain management, managed marketing service, and digital asset management are some of the segments of BPaaS market.
To identify new opportunities in business process transformation journey and create a roadmap for clients, Infosys plans to use business process intelligence (BPI) from SAP. Also SAP's offering "RISE with SAP" will help customers with their digital transformation.
Infosys intends to centre it BPTaaS around BPI from SAP for its business process transformation offerings, notes the announcement.
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Mandar Pise
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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.
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