What’s Hot this Week in BI?

In this week’s review of “what’s hot” I wanted to focus in on BPM, aka Business Process Management a rapidly growing category that fits under the BI umbrella. In 2007 the BPM market exceeded $1 billion and analysts predict an average growth of 24 percent through the year 2011.

What is driving such "hotness" you ask? Today, more than ever technologies are driving a more collaborative work environment and information assets (ie. data organizations are producing) are also growing at a more rapid pace. This relates back to IT searching for ways to optimize their systems to adapt to these changing business conditions, enter SOA (aka Service Oriented Architecture). SOA and BPM go hand in hand as their is a substantial dollar figure tied to an organizations ability to connect their systems to repeatable, streamlined business processes.

What’s the result you ask? Well you can be sure to watch for your favorite BPM vendor get snapped up by one of the larger software players as they look to capitalize on this growth area and build on organizations investments in SOA. Here’s an article that adds some additional color to this topic.