Though expected as part of the enterprise transformation, we are seeing a much faster adoption of Business Process as a Service aka industry SaaS model into large and medium-sized enterprises.
We are seeing that most enterprises looking for cloud-based solutions for the new business process areas, while looking for options to migrate on-premise packaged software into their cloud equivalent.
The following players and their products have already marked their presence as a de-facto choice for many enterprises when they think of modernizing their existing IT operations. While some of these players call their offeringa mere SaaS (Software as a Service), they in fact cover end-to-end business process to be considered as BpaaS.