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The next generation of business processes will have to move beyond cost savings and efficiency, and become more adjustable to changing market and customer dynamics. "Tomorrow's business operations will integrate real-time intelligence," said Janelle Hill, vice president and distinguished analyst at Gartner. "This will require a new approach using IBO — a style of work in which real-time analytic and decision management technologies are integrated into the transaction-executing and book-keeping operational activities that run a business."
Integration of analytics into operational processes — which contrasts with past approaches that separated analytical work from transactional work — empowers the workforce to make better and faster contextualised decisions in order to guide work toward optimal outcomes. "The impact of integrating real-time analytics with business operations is immediately apparent to business people because it changes the way they do their jobs," said Ms Hill.
To meet the needs of IBO, the market is evolving toward the next generation of business process management suites, called intelligent business process management suites (iBPMSs). By incorporating more analytics and other technologies — such as complex-event processing, social media and mobile devices — into process orchestration, iBPMSs give process participants better real-time situational awareness and the ability to tailor their responses more appropriately to emerging business threats and opportunities. For example, a food concession provider at sporting events uses an iBPMS to make intelligent offers to attendees, based on characteristics such as oversupply of snacks at one stand as compared with another, and to redirect consumers to counters where waiting times are shorter.
A number of global business trends will contribute to the growth of an IBO approach. These include the increasing recognition by businesses of the value of social interaction patterns in their value chains; the need to increase knowledge workers' productivity in service-based industries; and the move toward "big data" and in-memory analytics to enable automated decisions and best-next-action recommendations. The biggest inhibitors of growth in this market are the small number of organisations with sufficiently high BPM maturity to apply these sophisticated technologies and the associated scarcity of BPM expertise.
Although some BPMS providers will evolve their products into iBPMSs, such capabilities will exceed the needs and skills of many end users. Gartner advises mainstream end users to continue to evaluate BPMS products to find those most suited to their project and programme needs.
"Organisations should not select an iBPMS provider simply because iBPMSs represent the next generation of BPM-enabling technology," said Ms Hill. "However, organisations wanting to advance their BPM maturity and improve business performance outcomes through process optimisation should consider investing in iBPMSs."
Additional information is available in the Gartner report "BPM Suites Evolve Into Intelligent BPM Suites," available on Gartner's website at http://www.gartner.com/resId=1851916
About Gartner Business Process Management Summit 2012
BPM can be fraught with challenges, due to the scale and breadth of skills, attributes and tools needed for success. The Gartner Business Process Management Summit 2012 will help organisations advance their BPM projects, improve their skills and achieve truly transformational BPM. Attendees will learn how to overcome barriers to BPM success, optimise business outcomes with BPM, and deepen their understanding of the next generation of BPM technologies.
About Gartner
Gartner, Inc. (NYSE: IT) is the world's leading information technology research and advisory company. Gartner delivers the technology-related insight necessary for its clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is a valuable partner to 60,000 clients in 11,500 distinct organizations. Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, USA, and has 4,500 associates, including 1,250 research analysts and consultants, and clients in 85 countries. For more information, visit www.gartner.com
Integration of analytics into operational processes — which contrasts with past approaches that separated analytical work from transactional work — empowers the workforce to make better and faster contextualised decisions in order to guide work toward optimal outcomes. "The impact of integrating real-time analytics with business operations is immediately apparent to business people because it changes the way they do their jobs," said Ms Hill.
To meet the needs of IBO, the market is evolving toward the next generation of business process management suites, called intelligent business process management suites (iBPMSs). By incorporating more analytics and other technologies — such as complex-event processing, social media and mobile devices — into process orchestration, iBPMSs give process participants better real-time situational awareness and the ability to tailor their responses more appropriately to emerging business threats and opportunities. For example, a food concession provider at sporting events uses an iBPMS to make intelligent offers to attendees, based on characteristics such as oversupply of snacks at one stand as compared with another, and to redirect consumers to counters where waiting times are shorter.
A number of global business trends will contribute to the growth of an IBO approach. These include the increasing recognition by businesses of the value of social interaction patterns in their value chains; the need to increase knowledge workers' productivity in service-based industries; and the move toward "big data" and in-memory analytics to enable automated decisions and best-next-action recommendations. The biggest inhibitors of growth in this market are the small number of organisations with sufficiently high BPM maturity to apply these sophisticated technologies and the associated scarcity of BPM expertise.
Although some BPMS providers will evolve their products into iBPMSs, such capabilities will exceed the needs and skills of many end users. Gartner advises mainstream end users to continue to evaluate BPMS products to find those most suited to their project and programme needs.
"Organisations should not select an iBPMS provider simply because iBPMSs represent the next generation of BPM-enabling technology," said Ms Hill. "However, organisations wanting to advance their BPM maturity and improve business performance outcomes through process optimisation should consider investing in iBPMSs."
Additional information is available in the Gartner report "BPM Suites Evolve Into Intelligent BPM Suites," available on Gartner's website at http://www.gartner.com/resId=1851916
About Gartner Business Process Management Summit 2012
BPM can be fraught with challenges, due to the scale and breadth of skills, attributes and tools needed for success. The Gartner Business Process Management Summit 2012 will help organisations advance their BPM projects, improve their skills and achieve truly transformational BPM. Attendees will learn how to overcome barriers to BPM success, optimise business outcomes with BPM, and deepen their understanding of the next generation of BPM technologies.
About Gartner
Gartner, Inc. (NYSE: IT) is the world's leading information technology research and advisory company. Gartner delivers the technology-related insight necessary for its clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is a valuable partner to 60,000 clients in 11,500 distinct organizations. Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, USA, and has 4,500 associates, including 1,250 research analysts and consultants, and clients in 85 countries. For more information, visit www.gartner.com
