It’s Time to Pay Attention to Innovation in the BPM Sector
Business process management software has evolved substantially in recent years, so much so that it should be a key talking point among CIOs and other business leaders. In recent years, BPM solutions have expanded into mobile app development platforms housed in the cloud and process automation suites. They can fuel innovation in every part of your business, but taking advantage of this functionality may hinge on you looking beyond the tech hype.
A recent Technology Evaluation Centers study found that CIOs have been paying less attention to BPM software in recent years in order to focus on trendy technologies. The time has come back to refocus on BPM in order to take advantage of its ability to drive meaningful efficiency gains across business processes.
BPM deserves attention
According to the news source, the BPM software sector has evolved considerably over the course of the past few years. In particular, the industry has grown to the point that it has incorporated cloud, mobile and automation capabilities into its core functionality. This has resulted in a situation in which BPM provides the agility and process acceleration that companies need to keep pace with ever-changing business climate organizations are facing.
“BPM solutions are empowering organizations to centralize their data.”
The study also found that BPM solutions are empowering organizations to centralize their data. As analytics programs rise in enterprise settings, being able to get key data into one place improves decision-making on multiple levels. In particular, it can even allow companies to automate choices made based off of data by feeding all information to the same place, streamlining many processes.
Driving operational success
BPM may not be the trendy technology catching the attention of CIOs at the moment, but that doesn’t mean that it shouldn’t be getting their attention. While BPM may seem like a fairly tried and true technology, the reality is that the solution empowers organizations to use the trendy technologies emerging on the market in more meaningful, impactful ways.
Mobile apps become invaluable assets as development platforms within BPM let non-tech users customize and create new apps. Analytics programs are increasingly core parts of businesses, and BPM makes it easier to not only centralize data, but get it to end users in context so they can use it as effectively as possible.
CIOs must seriously evaluate how BPM suites can empower them to change their business models around technology to create a solid foundation for consistent, sustainable success.