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Blog: Craig Schiff

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November 3, 2006

BPM Pulse 2007: What's Next for BPM?

We have just launched our annual BPM Pulse Survey. Although we accept no vendor sponsorship, the results of the survey are used by almost every major performance management vendor as part of their strategic planning. Thousands of BPM end users also view the results as they plan to start or expand their own BPM projects. This is your chance to anonymously share your opinions with all of them. Tell the world how good or bad your particular vendor is. Let the industry know if you'd like to see a focus on predictive analytics, service-oriented architecture, or something else. All qualified respondents (no vendors or consultants please) receive a copy of the results and a small gift. Take the survey

  Posted by Craig Schiff at 8:04 AM | | Comments (1)


November 1, 2006

Questions I Get Asked A lot - #1 BPM vs. BI

I just returned from the annual BPM Summit held in beautiful Greenwich, CT where I once again heard the same three questions I always get asked. So, I thought I'd answer them here and maybe not have to answer them at the next conference I speak at (I know, not likely). Question #1: How does BPM differ from BI? BPM, Business Performance Management, is actually the application of BI (business intelligence) to address a strategic business need. BPM is a collection of BI tools, domain expertise, and specialized applications to help a company, plan, monitor, and hopefully improve its performance. Whether a BPM vendor sells and manufactures BI tools or not, they are always part of the BPM solution, maybe just bundled in and hidden. BPM makes extensive use of relational databases, multi-dimensional databases (OLAP), datamarts, unstructured data repositories, extract transform and load tools, report and query capabilities, portals, and dashboards. A Performance Dashboard is a BI dashboard tool populated with a collection of key performance indicators, sometimes called a scorecard (Balanced or not). The current momentum and interest in BPM is helping drive the accelerating adoption of BI across the enterprise and explains why every BI vendor wants to be part of BPM either through mergers or partnerships.

  Posted by Craig Schiff at 8:17 AM | | Comments (0)