Software // Information Management
Commentary
6/7/2004
07:21 AM
Ted Kemp
Ted Kemp
Commentary
Connect Directly
RSS
E-Mail
50%
50%

Performance Management Finds Its Legs

Business performance management is more about strategic thinking than it is about software. It's the true interweaving of business intelligence with business strategy.

IT buyers who happen to be critical thinkers -- and I think that's most of them -- aren't going to spend money on something they don't understand. That said, it seems there's little confusion remaining about Business Performance Management.

Forty percent of business and technology executives recently surveyed by CMP Media's Optimize magazine said their companies have deployed business performance management technologies and processes, or plan to do so within the next year. A true collaborative effort between the strategic and IT sides of business, performance management is the real deal.

Early on, I was a skeptic, and I know why: Every time I saw another announcement about some new business performance management (BPM) tool, I left having read a whole lot about BPM's supposed benefits, and very little about what BPM is. The problem was made worse by there already being a "BPM" out there in the form of business process management -- an issue we've addressed here at Business Intelligence Pipeline.

To be fair, though, performance management vendors had a whole lot conceptually to try to explain. Technology isn't the half of it. Business performance management is a set of management and analytic processes that use technology to measure and manage performance against pre-set strategic goals. In other words, it's more about strategic business thinking than it is about software. BPM is the true interweaving of business intelligence with business strategy.

Comment  | 
Print  | 
More Insights
The Agile Archive
The Agile Archive
When it comes to managing data, donít look at backup and archiving systems as burdens and cost centers. A well-designed archive can enhance data protection and restores, ease search and e-discovery efforts, and save money by intelligently moving data from expensive primary storage systems.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest - September 10, 2014
A high-scale relational database? NoSQL database? Hadoop? Event-processing technology? When it comes to big data, one size doesn't fit all. Here's how to decide.
Flash Poll
Video
Slideshows
Twitter Feed
InformationWeek Radio
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.