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Professional Services Automation Market Developments and Analytical Data Cowboys Ezekiel Elliott Jersey , Forecast to 2022
by marketsnmarkets39 · December 3, 2019

Professional Services Automation (PSA) is adopted by companies across the globe, due to the growing need for scalable and flexible PSA solutions and standardizing the PSA processes. Hence, PSA providers, with advancements in SaaS Technology, are enhancing their solutions to boost their revenue growth. Strategic partnership is an important strategy adopted by the key market players to develop new services and gain traction in the PSA market. MarketsandMarkets expects the PSA market to grow from USD 716.5 Million in 2017 to USD 1,244.8 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period

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PSA includes project management Cowboys Tony Pollard Jersey , project accounting, timesheet and expense management, billing and invoice management, analytics, resource management, opportunity management, and contract management. Major vendors of PSA include Autotask Corporation (US), Changepoint Corporation (US) Cowboys Connor McGovern Jersey , FinancialForce (US), Microsoft (US), Atlassian (Australia), ConnectWise (US), Kimble Applications (UK), Mavenlink, Inc. (US), Oracle (US) Cowboys Trysten Hill Jersey , SAP (Germany), Upland Software (US), Projector PSA (US), Project Open Business Solutions S.L (Spain), and Kaseya Limited (US). These players have adopted various strategies, such as partnerships, collaborations, agreements Cowboys Amari Cooper Jersey , mergers and acquisitions, and new product developments, to achieve growth in the PSA market.

FinancialForce (US), with a significant presence in the聽Professional Services Automation market, is aspiring to become the top market provider of PSA solutions focusing on resource management, project management, talent management, sales management Chaz Green Color Rush Jersey , reporting and dashboards, time and expense management, and sales engagement. In September 2016, FinancialForce introduced an app called as Wave, powered by Salesforce Wave Analytics, for PSA. This app allows users to gain business intelligence, have backlog visibility, and billing forecast from any device. In March 2015 Byron Jones Color Rush Jersey , FinancialForce expanded its operations in New Zealand and Australia. This expansion allowed the company to expand user base and to cater to the increasing cloud adoption in the area.

Changepoint Corporation (US) is another top player in the PSA market. The company provides specialized solutions for each of its offering, such as Daptiv for project portfolio management, Changepoint for PSA, and barometerIT for enterprise architecture solutions. In June 2016, Changepoint Corporation launched a new Daptiv TTM application, an enhanced solution for team task management. Daptiv TTM provides users with features, such as timesheet submission application for team members, time entry Maliek Collins Color Rush Jersey , and task management.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model 鈥?GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders Jaylon Smith Color Rush Jersey , emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovationsdisruptions early to the market by providing them research ahead of the curve.

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