New FMI Report Explores Impact of COVID-19 Outbreak on Contract lifecycle management Market

1. Contract Lifecycle Management Market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved October 2020 Report Id : REP-GB-10409 Published On : 2019-09-12 Category : Technology

2. AboutFuture Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage • Customized Research • Syndicated Research • Investment Research • Social Media Research • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com

3. Research Methodology (1/2) Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach # includes sources of databases

4. Contract Lifecycle Management MarketAnalysis Many companies deal in hundreds of contracts with different lifecycles, which makes it very difficult to manage all of these manually. Contract lifecycle management software helps to keep all of a firm’s contracts together in a single electronic repository. This contract lifecycle management software repository gives contract managers direct access to the contracts they need to manage. This repository also ensures compliance with governance and audit requirements. Moreover, this contract lifecycle management software supplies data from the contract to the transaction systems to execute ordering, purchasing, or invoicing transactions accurately, and also supports the risks and obligation entitlements in the contract portfolio. Hence, there is a rise in demand for this software, which drives the growth of the contract lifecycle management market. Each region or country has a different set of rules or regulations, which leads to heavy burden of international regulations for compliance teams. This situation can result in some non-compliance and manual errors, or result in some regulations getting overlooked. Contract lifecycle management software helps companies cope up with all the latest rules and compliance in case of any updates or changes in industry regulations. Thus, by using contract lifecycle management software, companies can avoid massive penalties associated with non-compliance. Thus, an increase in the growth of contract lifecycle management market is expected during the forecast period. Sample of Research Report @https://www.futuremarketinsights.com/reports/sample/rep-gb-10409

5. Contract Lifecycle Management MarketAnalysis Contract Lifecycle Management Market Structure The global contract lifecycle management market is fragmented due to the presence of large number of players in the market. However, the leading players of contract lifecycle management market such as Information Services Group, Inc., Icertis and Oracle have their expertise in the field of artificial intelligence, machine learning, cloud platform and analytics. These companies have continued to dominate the contract lifecycle management market landscape due to increasing number of strategic partnerships and acquisitions in order to enhance their customer base and product portfolio. For instance, in July 2019, Icertis was recognized as a top strategic partner of Microsoft as the company’s contract lifecycle management solution gives enterprises powerful new capabilities to manage risks, maximize revenue and control costs. Moreover, this solution can also turn contracts into strategic business assets, driving the growth of the contract lifecycle management market. The Analyst’s Viewpoint A comprehensive view of the contract lifecycle management market has led our analysts to conclude that, the market is proliferating at an impressive rate. Regions such as North America and Europe are holding a large part of the contract lifecycle management market.

6. Contract Lifecycle Management MarketAnalysis Integration of technologies such as IoT, machine learning, artificial intelligence, and others could provide assistance as a time saving and a cost effective strategy thereby fueling the growth of the contract lifecycle management market. New technological innovations and Strong financial position of key market players will also give impetus to the contract lifecycle management market. Contract Lifecycle Management – Onboard With Latest Advancements in Technology In the past few years, automated technologies have played a pivotal role in shaping the current landscape of several industrial sectors. At present, automated technologies are an integral component of law firms and legal teams worldwide. One aspect that has experienced notable adoption and progress is legal contract lifecycle management. The surge in adoption of advanced contract lifecycle management processes is primarily boosted by demand for transparency and efficiency by clients from legal teams. In addition, regardless of the type of business, organizations get into several contracts on a regular basis. The nature of the contract could vary from binding suppliers and purchasers to creating legal bonds with other parties. Key Segment Solutions CLM Software Professional Risk & Compliance Assessment Implementation & Integration

7. Contract Lifecycle Management MarketAnalysis Support & Maintenance Managed Business Function Legal Finance Procurement Sales Operations Human Resource Information Technology Industry BFSI IT & Telecom Government & Public Sector Energy & Utilities Manufacturing

8. Contract Lifecycle Management MarketAnalysis Healthcare & Pharma Life Sciences Retail Real Estate Others To Buy This Research Report @https://www.futuremarketinsights.com/checkout/10409 Region North America Latin America Europe East Asia South Asia Oceania Middle East & Africa

9. Contract Lifecycle Management MarketAnalysis ABOUT US: Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers. For more insights on the Contract Lifecycle Management Market,you can request a report sample with full TOC

10. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact:Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor,207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Thank You Future Market Insights Global & Consulting Private Limited (FMI)