The Insider's Guide to Business and IT Agility
By David A. Kelly, Analyst, ebizQ , 01/24/2007
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It's pretty much the same thing with business process management (BPM). Every organization that's considering business process management (or any similar IT technology investment), wants to know what they have to put in or spent on it, and what they'll get back at the end of the year. Okay, so it's not exactly like saving expense receipts and paying taxes, but the analogy works-there's always a trade-off between the investment you're making and what you're getting out of it.
Let's take a closer look at some of the ROI-related factors when it comes to making a BPM decision. One of the key issues to consider when investing in BPM is that the benefits of BPM can vary from other standard technology investments, primarily because a BPM system can address such a wide range of potential process issues, rather than solve only one problem. In addition, another consideration is that BPM solutions are typically implemented for more than process. In effect, a BPM project is actually a doorway to many more projects, as well as an opportunity to increase an organization's return from its investment. Implementing one process provides one ROI for a BPM investment, while implementing 20 different processes greatly alters the ROI equation. Generally, the greater the number of processes, the greater the ROI (and perhaps even the faster the ROI). Many companies can expect to recoup their investment in BPM with measurable business gains-sometimes within a one or two processes and sometimes with ten or twenty.
Just as I like to know how much money I made last year and how much I owe or may be getting back in taxes, organizations certainly have a desire to know what type of ROI they will receive from an BPM investment. And while we can't calculate a specific ROI for organizations BPM implementations in this column, it's worth taking a look at a few of the important factors that can dramatically affect the ROI you might receive from a BPM implementation. There are a number of considerations that organizations should pay attention to in order to increase their potential ROI and reduce the amount of time it takes to generate a positive ROI, including:
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ROUNDTABLE: Stretch Your Budget with smart SOA Governance-A Look at Successful Case Studies
ROUNDTABLE: Open Source Market Update
Insurance: Explore how SOA & BPM are driving down expenses and improving ROI
BPM VIEWPOINT: Are You Asking Yourself the Hard Questions about BPM in Today's Economy? 
BPM VIEWPOINT: Does Oracle/Sun Mean It's a Horse Race for BPM?
Managing Case Management Within BPM
BPM VIEWPOINT: How Do You Look at BPM?
When It Comes to BPM Type, It All Depends on You
BPM VIEWPOINT: Does Case Management Fill in the Gaps in the BPM Spectrum?
ebizQ is very interested in what you have to say. To contribute an article, an opinion, or to become a blogger, please contact Peter Schooff.
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June 3, 2009
One of the most compelling trends in the enterprise business technology space over the past year has been the emergence of cloud computing. In ebizQ’s upcoming Qcamp virtual un-conference, leading industry experts and practitioners will explore the role of service-oriented architecture (SOA) and business process management (BPM) in supporting cloud-computing initiatives. Additionally, the new skills that developers and IT managers need for successful cloud development will be discussed.Register
Date: Aug 26, 2009
Time: 12:00 PM
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Date: Sep 30, 2009
Time: 12:00 PM
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Date:Aug 26, 2009
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Date:Sep 30, 2009
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