Thursday, July 19, 2007

BPM-An Introduction

Business Process Management (BPM) is rapidly growing and becoming the technology for modeling, optimizing and automating business processes. Analyst firms predict the BPM market growth rate at 15 percent to 20 percent, which far outpaces the 3 percent to 4 percent growth rate predicted for ERP and CRM markets. BPM will continue to accelerate this momentum by expanding its ability to model, manage and optimize the business process flow.

Technology and drivers of business should provide an environment where better business applications can be developed with minimal effort. Business applications should closely align to business processes that can be readily adapted to the changing nature of business processes.


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