1. Market Research
  2. > Software Market Trends

Global Contract Life-Cycle Management Market 2015-2019

  • September 2015
  • 67 pages
  • Infiniti Research Limited
Report ID: 3250933

Summary

Table of Contents

Search Inside

About contract life cycle management (CLM)
Traditionally, contracts were documented on paper and presented for any revisions or amendments till the final version was prepared. Lawyers used to review the contracts manually, which was a time consuming and error prone process. With evolution in technology, companies started managing contracts via the electronic media. However, the electronic format of contracts have not enhanced the visibility of the contracts, resulting in poor management of those contracts. With the adoption of CLM software, companies enhanced the visibility of the contracts and, hence, were able to provide timely information to make informed decisions.

CLM software allows companies to streamline the contracting process by automating the drafting of contracts. It also helps negotiate, track, manage, and obtain optimal value from buy-side as well as sell-side contracts. Demand for CLM software comes from sectors involving complex contracts, such as the financial services, healthcare, manufacturing, and public sectors. Large enterprises as well as small enterprises in these sectors are adopting CLM software to manage their contracts.

Technavio's analysts forecast the global CLM market to grow at a CAGR of 16.35% over the period 2014-2019.

Covered in this report
The global CLM market is segmented on the basis of products and geography.

Technavio's report, Global CLM Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the global CLM market and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

Key Vendors
- Apttus
- CLM Matrix
- Exari
- IBM Emportis
- Oracle
- SAP
- Selectia

Other prominent vendors
- BravoSolution
- CMA Contiki
- ESM Solutions
- GEP
- Great Minds Software
- Icertis
- Ivalua
- OpenText
- Optimus BT
- Prodagio
- Revitas
- SciQuest
- Symfact

Market driver
- Reduced cycle time and cost savings
- For a full, detailed list, view our report

Market challenge
- Dearth of talent
- For a full, detailed list, view our report

Market trend
- Cloud-based CLM
- For a full, detailed list, view our report


Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

SOASTA Targets Differentiated Cloud Testing, Digital Quality with Analytics

  • $ 8800
  • Industry report
  • March 2017
  • by IDC

This IDC Vendor Profile is one in a series of IDC studies that examine automated software quality solutions and provides both vendor analysis and customer reference context for technology adoption. This ...

Enterprise Asset Management Market by Component, Deployment Type, Organization Size, Industry, and Region - Global Forecast to 2022

  • $ 7150
  • Industry report
  • June 2017
  • by MarketsandMarkets

Increased asset of the life aging infrastructure, and reduced maintenance and procurement costs are driving the Enterprise Asset Management (EAM) market The EAM market size is expected to grow from USD ...

Worldwide Workstation Forecast, 2017-2021: Can the Total Available Market Increase?

  • $ 6600
  • Industry report
  • April 2017
  • by IDC

This IDC study discusses how we expect to see single-digit growth in the workstation market in 2017. The long-term forecast for the worldwide workstation market is favorable, but overall growth rates will ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.