Here’s a thought on BPM from CIO’s website:
“The market for BPM-related tools and services is one of the fastest-growing in IT, Companies have been focused on understanding and improving their business processes since the days of Adam Smith and F.W. Taylor, so are we getting nearer or is it all spin?”
“The market for BPM-related tools and services is one of the fastest-growing in the IT industry at the moment, with many vendors reporting year-on-year revenue growth of 15, 20 and even 30 per cent. In tough economic times, the lure of technology which promises to help companies become radically more efficient and effectiveness can be awfully strong”
Personally, I suspect most successful business have had BPM at the core of their activities for sometime – they probably just didn’t realise it was called BPM. The current wave of technological innovation does make BPM considerably easier, but BPM does not exist because of it.
Where I have seen real advantages in using technology to drive a BPM solution is in a global organisation where access to data was historically difficult. For example, in my current role we have been busy implementing Infor’s PM10 solution over a data warehouse. Now monitoring and managing all aspects of the company’s performance has become relatively straightforward. That’s not to say it wasn’t done previously, there’s just less pain now.
