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:

• Leo Apotheker, co-chief executive officer (CEO) of SAP;
• A secretary of administration for a large public sector SAP customer;
• A chief information officer (CIO) of a healthcare SAP customer representing the small-to-medium business (SMB) market; and
• Andrew McAfee, the Harvard Business School (HBS) professor who reportedly coined the moniker “Enterprise 2.0″ and who has been a proponent of good use of IT for boosting competitive position.

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 II of this blog series expanded on some of TEC’s earlier articles about companies’ need for better links between the plant floor and the enterprise offices. It also pointed out the difficulties in achieving this noble idea, and gave examples of some vendors with success in providing integrated enterprise resource planning (ERP) and manufacturing execution system (MES) solutions.

Another chronic problem is how to foster plant workers’ acceptance of integrated ERP, MES, and plant (operations) intelligence technologies. Read the rest of this entry »