BPM Partners' Beyond the Hype Webcast Sneak Peek: Nearly 70 Percent of Business Performance Management Projects Are Part of Corporate Standardization Initiatives.Full Results Revealed in Fifth Annual Unbiased Review of BPM Vendors and Trends STAMFORD, Conn. -- BPM Partners, the leading independent authority on business performance management (BPM) solutions today revealed a sneak peek of its 2007 BPM Pulse Survey results, indicating nearly 70 percent of respondents have turned to business performance management as part of a larger project of corporate system consolidation or standardization. Full results of the survey will be revealed in the January 18 Webcast; to register, please visit: http://www.bpmpartners.com/events_webinars.shtml "Our early survey results show a few things," said Craig Schiff, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , BPM Partners. "Not only is BPM continuing to be a strategic initiative, but it is also part of a larger plan to consolidate systems and work towards that elusive 'single version of the truth.' These findings indicate that business performance management will continue to evolve from a finance-driven activity to one that is part of an overall goal for better control, transparency and management of the business as a whole." Presented annually by BPM Partners and Business Finance Magazine, the Beyond the Hype Webcast includes a review of the core performance management vendors to consider based on BPM Partners field research as well as key survey results. The BPM Pulse surveys C-level executives, finance and IT managers about their use of business performance management and their honest evaluations of the application and tools vendors in the market. Respondents come from small, medium and large businesses worldwide. To participate in the survey and have your voice heard, please visit: http://www.bpmpartners.com/BPMSurveyCentral.shtml Additionally, the annual BPM Pulse survey asks for customer satisfaction ratings on over 20 leading vendors in the space including Applix, Business Objects, Cartesis, Cognos, Hyperion, Microsoft, Oracle/PeopleSoft, OutlookSoft, SAP and SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System. . BPM - a growing software category with more than 100 vendors - is a combination of business processes, select measures (metrics, key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. ) and systems that enable an organization to understand, act on and influence its business performance. Budgeting, planning, consolidation, scorecards, dashboards, business intelligence (BI) and analytic applications Analytic Applications are a type of business application software, used to measure and improve the performance of business operations. More specifically, Analytic Applications are a type of Business Intelligence solution. all fall under the BPM umbrella. In addition, regulatory issues such as Sarbanes-Oxley, Basel II Basel II is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. The purpose of Basel II is to create an international standard that banking regulators can use when creating regulations , and IFRS IFRS International Financial Reporting Standard(s) IFRS Inter Frame Relay Service IFRS Indiana Facilities Registry System compliance are often business drivers for today's BPM applications. About BPM Partners BPM Partners is the leading independent authority on business performance management (BPM) solutions and a founding member of the BPM Standards Group. BPM Partners' vendor-neutral consultants guide companies through their BPM initiatives from start to finish, helping companies attain the maximum value from their business performance management initiatives. This is done through hands-on services that provide insight on how to collect and analyze the right information to address specific business goals. BPM Partners leads clients through requirements definition, vendor selection, and deployment of departmental or enterprise-wide BPM systems. In 2006 BPM Partners was named a 'Small Jewel' in Consulting Magazine's annual selection of the most innovative consulting companies. By analyzing and then matching the client's requirements with the appropriate vendor, BPM Partners helps companies narrow the selection of vendors from a lengthy industry list that includes Applix (Nasdaq: APLX), Cartesis, Clarity Systems, Cognos (Nasdaq: COGN), Hyperion (Nasdaq: HYSL), Infor, Longview Solutions Longview is a Canadian software company with products for performance management including planning, consolidation, forecasting, budgeting, reporting and tax provisioning. In September of 2006 Longview acquired UK based Runservicenet in an effort to move towards an SOA architecture. , Microsoft (Nasdaq: MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ), Oracle (Nasdaq: ORCL ORCL Oracle (stock symbol) ), OutlookSoft, SAP (NYSE NYSE See: New York Stock Exchange : SAP), SAS and others. For further details, go to www.bpmpartners.com. |
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