Business-performance-management-software - Vital Info

Business Performance Management Software Defies Recession with 4% Revenue Growth, But is it a Wise Investment?
4% growth in business performance management (BPM) software during
adownturnisattention grabbing, but it is made more impressive when you consider that, according to Gartner; IT budgets fell by an average of 4.7% during the same period. So why is BPM and business intelligence (BI) such a high priority investment?The obvious explanation for the increased demand for BPM software is the desire to reduce overall costs. Quality BPM software allows decision makers to closely monitor all aspects of performance in an attempt to reduce wastage and improve efficiency; quickly highlighting problem areas and excess capacity .Do you want to learn more? Visit .

Another possible explanation is theriseinbusiness
reorganisation that accompanies any economic downturn; as companies seek to centralise their efforts in an attempt to reap economies of scale. In order to fully capitalise on the benefits of centralisation, decision makers recognise the need to invest in business performance management systems that enable them to monitor and manage organisations as single entities, rather than multiple disparate units.Although worthy BPM software will deliver the above benefits, and more, it must be asked whether there is any real return on investment at the rates charged by some vendors. In the past year there have been numerous, well documented cases of organisations offering consultants blank cheques to consolidate and implement an organisation wide business performance management system.

The vastly improved efficiency BPM solutions provide mean that even at these very high rates there is usually still a return of investment
inthelongterm; but they certainly do not offer the quick wins that resource stretched companies need in order to survive and thrive in the current downturn. The long term return on investment of such solutions is also hampered by their rigidity. Most organisation wide systems require all relevant data to be collected and collated in a single system, in a specified manner, this is obviously extremely costly. The rigidity of such systems also means that they are prone to requiring substantial extra investments if there are any changes to the business' configuration. If the business acquires another division, or data source, it will all have to be migrated, causing more upheaval and substantially reducing any returns.