Evolving Business Intelligence to Business Performance Management

Firms today are bombarded with messages from financial analytics vendors, BI vendors, and ERP vendors about business performance management (BPM). Concurrently, there is a market "buzz" around business activity monitoring and business process management that further adds to the confusion and firms are often stymied as to what their next steps should be. BPM is a business process enabled through a set of integrated analytical applications that provide closed-loop metrics, planning and reporting. BPM may be considered the next evolution of BI, by bringing together analytical processes and planning capabilities. This may provide the opportunity to re-adjust the enterprise by sensing changes in business performance and responding with actionable business plans across financial and operational processes. This session will discuss trends in BPM, provide vendor assessment in our METASpectrum vendor/product analysis, present potential BPM strategies and help unify positions on how to assemble a BPM solution given the wide array of vendor offerings.