Business Activity Monitoring (BAM) broke onto the scene three or four years ago, stimulated by the growing interest in Business Process Management (BPM), which made it possible to understand more clearly the relationship between real-time IT operations and business activities. Global 2000 companies, among others, have achieved significant return on investment (ROI) by using BAM as a real-time, intervention-focused tool for measuring and managing business processes. Using BAM, companies have been able to monitor their business processes, identify failures or exceptions, and address them in real-time. In addition, since BAM tracks process executions and knows when they succeed or fail, it builds up valuable records of behavior that can lead to overall process improvement, while also providing a useful tool to manage compliance, assure business transactions, and reduce risk.
The Future of BPM: Trends and Innovations to Watch
Business Process Management (BPM) has come a long way—from hand-drawn flowcharts in conference rooms to enterprise-wide platforms that automate end-to-end workflows. Yet BPM’s evolution is far from over. Emerging technologies and shifting business models continue to...
