Christy Publications Workflow Management System Market | Page 2

perform instantly. Hence, due to increasing demand for streamline business processes have fuelled growth of the market globally. Workflow Management System: Taxonomy By component  Software  Services By system type  Production Workflow System  Messaging-Based Workflow System  Web-Based System  Suite-Based System  Other By deployment  Cloud  On-premises The cloud deployment type is estimated to witness the highest demand as Cloud-based helps in cutting down the cost as compared to on-premises software deployment. For instance, WorkflowMax, a cloud-based workflow system, estimates that the company saves an average of 628 hours of time and US$ 22,000 every year for its customers. Moreover, cloud-based workflow management system software also helps the customers to maintain flexibility, as well as enjoy real-time access to data irrespective of the location of the employees. By organization size:  Small Enterprises  Medium Enterprises  Large Enterprises By verticals