Harmon_BPMS Market 2008

Harmon_BPMS Market 2008 - Greetings The BPMS market is...

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Unformatted text preview: Greetings, The BPMS market is definitely consolidating. During the last five months, Software AG bought webMethods, TIBCO bought Spotfire, IBM bought TeleLogic, and Metastorm bought Proforma. We argued that 2007 would be the year that everyone recognized the relationship between BPMS and SOA. Similarly, we believe that 2008 will be the year that everyone recognizes the important relationship between BPMS and BI. Thus, while the market is consolidating, it is also expanding and growing in new ways. Celia Wolf, CEO/Publisher Paul Harmon, Executive Editor/Analyst The State of the BPMS Market BPM became a hot term in early 2003. BPMI was founded in 2002. Smith and Fingar wrote Business Process Management and I wrote Business Process Change in 2002, and both books were published in early 2003. There were no BPM conferences in the US in 2002 and few in 2003. Similarly, in 2002, there were only two or three vendors promoting themselves as BPM vendors and there were several business process modeling vendors whose origins were in CASE and the Business Process Reengineering movement of the early Nineties. Today, the number of vendors claiming to offer BPMS products is probably over 100. There have been more than 10 BPM conferences so far this year and I've lost track of the number of books that have been published, with BPM or Business Process in their titles. Clearly, BPM is doing well. Now, if everyone agreed on what "BPM" means we could move to the bar and celebrate. Unfortunately, some people use BPM to mean a generic approach to redesigning business processes. Depending on whom you talk with, BPM can mean Six Sigma, Balanced Scorecard, SCOR, process redesign, or identifying business managers to manage processes. And, of course, it can also mean using ERP software to automate processes, or it can mean using a BPMS software product to manage the runtime execution of a business process. Taken as a whole, there's a lot going on in the world of business process management, and many different BPM initiatives that have been successful. In this Advisor, I want to focus on just the BPMS market. In other words, I want to consider how rapidly companies are buying BPMS software products and what kinds of successes those companies are having as they seek to develop and deploy BPMS applications. Even this narrower question is hard to answer because there is a great deal of confusion about what a BPMS product is or what a BPMS application should seek to accomplish. If we define BPMS very loosely to include any product that supports Workflow development or Enterprise Application Integration (EAI), then the BPMS market is doing very well, indeed. The leading BPMS vendors are Integration (EAI), then the BPMS market is doing very well, indeed....
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This note was uploaded on 02/20/2012 for the course MIST 5750 taught by Professor Bostrom during the Spring '09 term at UGA.

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Harmon_BPMS Market 2008 - Greetings The BPMS market is...

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