Demand grows for BPM software

Firms are moving from pilot projects to full rollouts for business process management systems

Written by James Murray

Interest in business process management (BPM) software is growing rapidly as firms try to set up systems to help them continually optimise business processes.

That is the main message for delegates at this week's Gartner BPM summit in London, which starts today (26 June).

Advertisement

Speaking to IT Week ahead of the conference, Michael Melenovsky, director of BPM research at the analyst firm, said companies were beginning to embrace a new set of management disciplines that result in a constant revision cycle for business processes rather than periodic process re-engineering projects.

Melenovsky added that BPM software is critical to strategies to ensure processes are constantly optimised. "Business people need metrics to manage processes and help them see where bottlenecks have developed," he said. "You can't collect those metrics in real time unless you use BPM systems capable of providing analytics, modeling and workflow functionality."

Demand for these technologies has grown faster over the last six months, as firms that have piloted the systems for one or two processes have begun to roll them out across their organizations, Melenovsky said. "Growth in BPM software licences has been around 15 percent for the past few years, but in the last six months new bookings have topped 30 percent at the leading BPM vendors," he added. "We predict the global market will clear $1bn this year."

Tags:

Comments

White papers

Related jobs

More Accounting jobs

Spotlight

Andrew Higginson, Tesco Personal Finance

Profile: Andrew Higginson, CEO of Tesco Personal Finance

He’s spent more than a decade at the top of...

Top 30 Accounting Networks and Associations 2008

The race to become the biggest firm on the planet...

Barack Obama Accountancy Age cover October 2008

Obama: asset or liability?

What an Obama presidency could mean for you

Find your next job

Find your next job
Salary Checker

Job of the week

More finance jobs

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Your next job

Have your say

Will proposed tax cuts help to stimulate the economy?
Yes
No

Advertisement

Search white papers

Search white papers

Advertisement