Gartner’s latest Magic Quadrant for BPM attempts to change the game by evaluating BPM tools’ alignment with their vision of “IBO” (Intelligent Business Operations) rather than BPM tools’ core process modeling and execution capabilities. This means that Gartner expects the following additional capabilities – at minimum – to be a part of any BPM suite, which they now call an iBPMS (intelligent Business Process Management Suite):
Many organizations already have tools to support the features listed above. These organizations already have social business interaction tools such as Yammer (now part of Microsoft) or Chatter, mobile interface support strategies or tools such as a group of developers focused on building HTML 5 interfaces, advanced reporting capabilities through Business Objects (SAP) or Crystal Reports, and decision support systems such as IBM ILOG or FICO’s Blaze Advisor. Why would these companies want to bring in a tool that duplicates an existing set of capabilities?
The answer to the question above may be more complex in some cases than it seems, because it may make – or seem to make – financial sense for these companies to bring in a tool that can provide all of these capabilities without the expensive cost of integrating data between systems. To reach that conclusion, companies should take ALL of the following into account:
For those organizations that either don’t already have many of the additional capabilities of an iBPMS in-house or who have gone through the analysis suggested above and determined that it does make financial sense for them to purchase an iBPMS, they’ll find rich feature and capability sets in today’s iBPMS tools, some examples of which are included below:
In summary, though the capabilities of today’s “iBPMS” platforms are manifold and in most cases very well-evolved, businesses should carefully evaluate whether they need these additional capabilities or whether they simply need “core” BPMS capabilities such as process modeling and execution. No matter what your decision, Princeton Blue, Inc., can help you make the right decision and implement your BPM solution in the most cost-effective manner; please visit our website at www.princetonblue.com and request us to contact you or contact us at (908) 369-0961.