Thursday, July 05, 2007

TIBCO announces a new BPM solution

The worlds of BI, performance management and business process management continue to come closer together. A couple of days ago, software vendor Tibco announced their new iProcess, a management suite of application modules built on open architecture providing and end-to-end development platform for business process modeling. This announcement is just another example of the BI, BPM, and PM worlds coming together and demonstrates the importance of a flexible open architecture.Building on their BI capabilities, Tibco also recently acquired data visualization up-and-comer Spotfire, more commentary on this from Pat here. The momentum in this space will continue later this year as September will showcase even more market changing technology as Microsoft comes to the table with two releases that bring BPM and PM together with the release of PerformancePoint Server and BizTalk Server.

As business climate intensifies the investment in SOA is integral to extract value from BPM initiatives over time. This performance guy smells something else cooking, look for more activity in this area of the market in the near term.

1 comment:

Red Slice said...

Yes, as BPM heats up, so too will SOA. But not for the reasons many tech-heads cite. For too long, groupies have claimed SOA was going to bring agility, collaboration and maybe even world peace. But the red-headed stepchild (I am allowed to say that) people are only recently talking about is that SOA for SOA's sake is like saying a gas burner will help you cook a gourmet meal. BPM has been around as a discipline and yes, a technology, for a while now and many companies like Sprint, Motorola, Micron (gee, that looks like Savvion's customer list) have been at this for longer than people knew what SOA stood for. SOA enables companies to make BPM even more pervasive, very true, but more importantly, helps give SOA the business face it needs to make people actually care. I don't care about the plumbing, I just want to know water comes out of the faucet and that is how SOA enables BPM to yield even richer business value. Business people could care less about what lies beneath - but start talking smoother handoffs, less cost, more new accounts opened, and faster product introduction cycles and now you'll get their attention.