Part 1 of this blog post series followed the progress of Manhattan Associates from its inception in 1990 throughout the mid-2000s. During this time, Manhattan Associates was the epitome of an immaculate supply chain management (SCM) software company in terms of market share, growth, profitability, and its products’ capabilities. Indeed, the company was the industry standard for the supply chain execution (SCE) space and the envy of competitors.
But lately, the two competitors that had long looked at Manhatan from behind, RedPrairie Corporation and JDA Software, have been posting much more upbeat news in terms of growth in contrast to Manhattan’s declining revenues. This post analyzes the possible reasons behind that occurrence. Read the rest of this entry »
Throughout the late 1990s and the mid-2000s, Manhattan Associates was the epitome of a well-managed supply chain management (SCM) software company in terms of market share, growth, profitability, and its products’ capabilities. Simply stated, the company set the industry standard for the supply chain execution (SCE) space and was the envy of its competitors. Read the rest of this entry »
Part 1 of this blog series started a lengthy discussion about the value proposition and parts-and-parcels of business process management (BPM), with an ensuing focus on Pegasystems (also known as Pega) as one of the leading BPM suite providers. Part 2, Part 3, and Part 4 then analyzed in depth a number of the vendor’s “BPM secret sauce” ingredients.
Pega is one of the leading vendors in the overall BPM software market (it has been automating business processes for more than 25 years), and it has a strong presence in the financial services, insurance, and health care markets. The vendor has been most successful competing for customers whose businesses are characterized by a high degree of change, complexity, and size. Read the rest of this entry »
It’s always good to remember that science and technology follow general laws, and that those laws are inviolable. This is especially true when it comes to Murphy’s Law: “Anything that can go wrong will go wrong.”
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According to the adage “When one door closes, another one opens,” there are opportunities and unfulfilled customer needs even in this dour economic environment. Rather than hiding in a cave and waiting for the calamity to pass, some creative business software companies and individuals have been coming up with new value propositions to solve real problems for their customers.
Perhaps surprisingly to some, writing software applications is the easy part, relatively speaking. Making sure that one has a distinct solution to a problem that people are willing to pay for (especially nowadays when cash is scarce) is the hard part.
Generally speaking, the primary difference between good companies and great ones lies in their customer service. Inexpensive and easily deployable software applications that can help companies be more responsive to their customers and provide better service via showing “one face to the customer” (in turn due to much better internal communications) can go a long way even these days. The end result should typically be delighted existing customers, and, especially in this social networking era where news travels fast, happy customers (and their public product reviews and verdicts) should beget more customers.
In fact, some startup companies believe that this is an exciting time to be in the IT business. As established in my recent “SaaSy Discussions” series, software as a service (SaaS) and cloud computing are appealing business models for both vendors and customers, and will continue to be disruptive (game-changing) technologies for the foreseeable future. Read the rest of this entry »
Undoubtedly, the recent major event at Epicor Software (despite concurrent unfortunate occasional and distracting shareholder power struggles, takeover bids, and CEO departures) was the launch of the next-generation Epicor 9 product suite in late 2008. Epicor hails Epicor 9 as an entirely new generation of business application that “redefines how enterprise systems are both built and used.”
For one, Epicor 9’s functional footprint is based on the best of everything Epicor has developed (and acquired) since its inception. Read the rest of this entry »
Part 1 of this blog series started a lengthy discussion about the value proposition and parts-and-parcels of business process management (BPM), with an ensuing focus on Pegasystems (also known as Pega) as one of the leading BPM suite providers. Part 2 then analyzed in depth the vendor’s ability to help business users capture (and then realize) business objectives and intent, while Part 3 focused on Pega’s ability to automate programming and execute actual workflows at customer organizations.
This part continues with more of Pega’s value proposition and its “BPM secret sauce” ingredients, such as a so-called “servicing backbone” for service organizations. Read the rest of this entry »
Part 1 of this blog series provided a lengthy discussion about business process management’s (BPM’s) necessary parts and parcels, and the software category’s value proposition. At the end of the article, I mentioned my recent attendance of a witty presentation that attempted to explain the essence of BPM via some humor and metaphor of the classic “Wizard of Oz” movie.
Namely, on March 23, 2009, Alan Trefler, Pegasystems’ founder and CEO, gave his luncheon keynote presentation at the Gartner BPM Summit in San Diego. His theme was “Don’t just Survive… Capitalize.” Trefler begun by reminding the audience that in today’s turbulent economy we are all “not in Kansas anymore” and may just need some “ruby slippers” to find our way back home to profitability. If you have 14 minutes to spare, you can re-capture the spirit of the event here.
In the main part of his presentation in Part 2, Trefler maintained that to follow the “Yellow Brick Road,” which will lead any business to Oz (and back to profitability), requires three capabilities in particular, starting with the ability to directly capture business objectives into the BPM system by the business users. Read the rest of this entry »
Part 1 of this blog series provided a lengthy discussion about business process management’s (BPM’s) necessary parts-and-parcels, and the software category’s value proposition. At the end of that post, I mentioned my recent attendance of a witty presentation that attempted to explain the essence of BPM via a bit of humor and the metaphor of the classic “Wizard of Oz” movie.
Namely, on March 23, 2009, Alan Trefler, Pegasystems’ founder and chief executive officer (CEO), gave his luncheon keynote presentation at the Gartner BPM Summit in San Diego. His theme was “Don’t just Survive…Capitalize.” Trefler began by reminding the audience that in today’s turbulent economy we are all “not in Kansas anymore,” and may just need some ruby slippers to find our way back home to profitability. If you have 14 minutes to spare, you can recapture the spirit of the event here. Read the rest of this entry »
If you’re currently involved with your company’s software selection and implementation project, then I’m sure you can appreciate how difficult this process is. From figuring out what you want your new system to accomplish, to “go-live”—and everything in between—enterprise software selection is no easy feat. In fact, it can be downright grueling.
To start your software selection project off on the right foot, you must first define all of your current business processes—and then document them. This task alone can take months. However, with the right methodology and tools, the time spent doing this can be cut down significantly. If you are using your own methods for gathering requirements, your list of business processes must be structured in such a way that allows vendors to easily apply them to their products and determine whether they can support certain functionalities.
Again, no easy feat!
Many organizations often start a software selection by first choosing a vendor and then working in tandem with the vendor throughout the process of identifying and modeling their business processes on software capabilities. This is all fine and dandy—but who knows your business better than the people who perform these processes day in and day out? You, your department managers, and IT staff. Why put the onus on the vendor to perform this task and then risk not being certain that everything your new system may need has been identified? Not to mention the cost this type of vendor service could carry!
So what’s a software selection project manager to do?
Let’s take a look at how you can build a comprehensive request for information (RFI) by first reviewing the basics principles of business process modeling (BPM) and how it correlates to the RFI. Read the rest of this entry »
The business process management (BPM) market is sizzling hot, with Gartner Dataquest estimating its compound annual growth rate (CAGR) at 13 percent in 2009. In fact, almost all leading BPM vendors have been buzzing about their unprecedented growth and profitability, especially amidst the ongoing economic drought.
It is truly difficult to argue against the need for companies from all walks of life to improve their business processes. Doing “better, faster, and cheaper” is the “slogan du jour.” Read the rest of this entry »
If you search for business performance management (BPM) on Google, you’ll get around 700,000 results. Out of this huge number of results, you will presumably refer to a popular source—Wikipedia. According to Wikipedia, BPM is “a set of processes that help organizations optimize their business performance.” The same source affirms that some people see it as the next generation of business intelligence (BI). Both of these explanations—unfortunately—lack clarity.
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A week before this past Thanksgiving holiday (US), I was invited by a long-term analyst relationship contact at SAP to listen to (via multimedia streaming) a panel discussion on a late Friday afternoon. The expert panel explored reasons for companies to maintain IT investment even (if not especially) during difficult economic times.
Bruce Richardson, the Chief Research Officer of AMR Research, moderated the event. The star-studded and well-rounded panel also included:
The Harvard Business Review (HBR) article by Andrew McAfee and Erik Brynjolfsson entitled “Investing in the IT That Makes a Competitive Difference” was the main supplement and starting point of the discussion. In a nutshell, the panel logically (and not surprisingly) argued that enterprises should use IT solutions to innovate and create differentiation, especially during a difficult economy.
Moreover, the aforementioned SAP contact privately solicited my opinion on the extent to which these esteemed academics understand our industry. According to the “you asked for it” motto, here are my thoughts (albeit parlayed into a blog post to be shared with our readers too). Read the rest of this entry »
Part IV of this blog series further analyzed Webcom ResponsAbility, the on-demand workflow automation and business process management (BPM) solution. Anyone interested can take the product for a free trial test drive here. The vendor just released the ResponsAbility p4 release.
Competitive Offerings Do Exist
Still, Webcom’s first-to-market (or close to) BPM on-demand advantage has already been challenged by the solutions from Skemma, Appian [evaluate this product], Lombardi [evaluate this product], Colosa ProcessMaker [evaluate this product], Pipevines, and The Process Factory (powered by Cordys), to name only a few. Read the rest of this entry »
Part 2 of this blog topic continued to analyze IBM’s rationale behind acquiring ILOG to bolster its service oriented architecture (SOA) and business process management (BPM) platforms, in part due to the capabilities of archrival Oracle.
What About ILOG’s SCM Products?
Whether as a sort of “collateral damage” (given IBM’s foremost interest in beefing up its SOA/BPM infrastructure product) or maybe not, the acquisition also leaves IBM with the supply chain management (SCM) applications business that ILOG has recently been developing in pursuit of a more profitable custom solution strategy. This strategy was going to complement ILOG’s tried-and-true “technology & platform” strategy of providing business rules management system (BRMS), optimization engines, and visualization tools. Read the rest of this entry »