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Another View of the BI/BPM Future

I recently received a copy of a BI/BPM research report from a technology-focused investment bank called Boston Corporate Finance. The report tracks the trends they have observed in the space as well as some projections as to what may happen in the near future. Some of the information is well-known and obvious, while some of it is thought-provoking. Much of what they see is in line with what we have observed ourselves so they have clearly done their homework. They comment on the merging of BI and CPM (Corporate Performance Management or BPM Business Performance Management), they see predictive analytics generating new interest in the space, they note the convergence of structured and unstructured data, .and they speculate on potential IBM BI acquisitions. It's certainly a worthwhile read and you don't even have to register to get your own PDF copy. Just follow the link above.

  Posted by Craig Schiff on July 17, 2006 12:26 PM |

Comments

There is an interesting convergence taking place between BI and BPM. We are using the Selcian BPMS, which has very interesting capabilities in this space. While many people confuse BPM with a glorified workflow solutions, its really more than that. We are using Selcian BPMS to automate many of our design and manufacturing processes requiring a high degree of human interaction as well as some level of system interaction. The simulation capabilties are really great. Also, due to its unique design this tool allows us to capture detailed operational metrics. I believe they are currently in sort of a stealth mode, so we are probably one of the few companies out there that are leveraging the convergence of BPM and BI.

Posted by: David | July 21, 2006 12:40 AM

Craig:

I feel there are two ways to approach the world of BI/BPM:

1. technology
2. process

When you look at this world from the former glasses, then the "convergence" makes sense.

However, if you talk from the process viewpoint then BPM is what BI would become when it grows up! Really speaking, CIO should not be completely technology centric in this sense.. BI/BPM has a larger role to play.. that of providing the direction to the company by feeding the CFO and the CEO the right set of metrics to manage their shareholder value and the rest of the team the metrics to make sure their efforts add to, as opposed to subtract from, the Shareholder Value!

It is this paradigm that I am exploring on my blog - www.BImusings.com

Thanks,
Desh

Posted by: Desh | August 24, 2006 4:05 PM

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