Tag: ROI

At the heart of every business is a complicated web of processes that form the foundation for all operations. These business processes are the lifeblood of the organization and typically include all of the humans and systems that exist within the enterprise. Since they play such a central role, business processes must be as efficient as possible to make the business as effective as possible. As a result, finding ways to automate and improve business processes has become a major focus for today’s organizations as they struggle to find ways to become more agile and responsive to changing business climates.

In fact, an entire market—business process management—has grown out of the desire to improve existing business processes and build new processes and services that will differentiate a business from its competitors. Business process management (BPM) solutions aim to provide enterprises with a common platform that can tap into all resources, both human and system-based, to create, manage and optimize effective business processes that span the enterprise. BPM solutions can help organizations to maximize their existing technology and human infrastructure by linking existing systems and automating tasks that can free humans up to add value elsewhere within the enterprise.

Click here to download the complete Upside Research report on BPM ROI

Over the past decade, BPM has evolved from a number of other technology pre-cursors, including workflow, integration and process automation. Through this evolution process, BPM has picked up a number of best practices that enable companies to use a “new” technology that has been road-tested in the past. As such, companies from all industries have started using BPM because, in short, it works. BPM can make a huge difference in how your company responds to market pressures and how it proactively tackles new business needs. Not only that, it changes the economics of managing the business through improved process performance.

To help organizations start their evaluation and understand the context for a BPM purchase, Upside Research has prepared this State of the BPM Market, as a starting point for future evaluation of this dynamic market. This report follows up on the trends and information discussed from Upside’s previous market evaluations published in June 2004 and October 2005, and provides a current snapshot of where the BPM market stands at the beginning of 2006.

By taking a look at a current snapshot of the BPM market, combined with a consideration of current hot spots, how related markets are growing, and finally what the next year holds for BPM, organizations can gain a more complete understanding of how BPM can positively impact their organization. For maximum benefit, Upside Research believes that most organizations should combine this context-setting information with an evaluation of BPM products from both a business and IT perspective to identify the most appropriate solution.

Click here to download the complete Upside Research report – State of BPM Market