SAN FRANCISCO, Nov. 2, 2016 /PRNewswire/ -- Marking its continued bullishness on the global eSignature and Digital Transaction Management (DTM) market, Silicon Valley-based Aragon Research today released its Globe for Digital Transaction Management (2016), with DocuSign clearly at the head of the 'Leader' category. The report is an evolution of the 'Tech Spectrum for DTM 2015 - Moving Beyond Paper' that Aragon Research released in December last year. And it points to the fact that less than 20% of today's business processes are digital, so the DTM market still has the potential to grow to over $30bn by 2020. "This year's Globe reflects the trends we've seen in the industry this year - that many business processes are overly-complex and would benefit from automation; that all companies need a faster time-to-revenue; and that paper-based processes costs millions of dollars annually. DTM offers a viable solution for all three of those issues, among many others, and it will be a hot market for years to come as a result," said Jim Lundy, CEO and lead analyst at Aragon Research*. While the firm does not specifically endorse vendors, the Aragon Research Globe for Digital Transaction Management (2016) does provide contextual comparisons for 15 of the top players in the industry. And as evidenced below**, DocuSign is positioned strongly in the Leader category according to both performance and strategy metrics. This reflects not only the company's innovation across platforms and features, but also its extreme high availability - with DocuSign offering its customers and partners over 99.99% platform availability.
The report also noted that DocuSign had become the de facto platform for the DTM industry, thanks to its almost 1800 technology partnerships and an active developer community. This has led to almost 60% of transactions being processed through DocuSign's API, which equates to over 300% growth in API transactions year-over-year.