According to recent NASSCOM reports, in FY2015, the Indian IT-BPM industry is estimated to account for revenues of US$ 146 billion, growing by 13% over the last year. Now the basic question arises what is BPM and why is it so crucial?

Business Process Management (BPM) is a disciplined approach taken by organizationsin order to automate their business processes with an intent of bringing visibility into processes, identifying the process performance, monitor them to seek areas of improvement in processes and also to be able to deploy the changes in quick span of time. By adopting the business process management approach organizations achieve operational excellence in terms of their processes.

It is often achieved using functionalities/features like process modeler, data mapping, defining key performance indicators, process deployment, business activity monitoring, business process optimization, and analyzing and utilizing process events. These functionalities are packaged and provided as commercial solutions, which are often termed as BPM Suites. Nonetheless, these all features can still be achieved using some excellent open source solutions albeit it depends on the expertise and comfort level with the open source technologies.

The Business Process Management discipline includes a constant running cycle as depicted below:

Business Process Management (BPM) combines the business domain knowledge and expertise with the technologies to advance the process automation, process up gradation and assists in business innovation. It influences both software and services to present a clear view of the organization.The benefits of managing the business processes can be massive.

• Competitive advantage: Business processes are aligned with the IT requirements of the organization. The right BPM solution can act as a competitive advantage for the organization. It helps to improve existing business processes. It challenges the current processes and proposes innovative ways of doing them. The technologies have expanded to solve almost every business challenge.
• Operational Efficiency:Furthermore, the convergence of BPM with IOT (Internet of Things) and Enterprise Mobility helps organisations to gain an edge over their competitors. Along the line, BPM also reduces the cost overflows and improves the revenue stream of the organization. It moves towards increasing operational efficiency of the cumbersome processes.
• Enhanced productivity:The productivity of the employees increases manifold with BPM integration and workflow automation. The inventory costs are reduced and optimum utilization of physical and virtual space takes place. Enabling business processes with BPM skills helps to manage workflows, prioritize and communicate proactively. The problem areas can be resolved and future issues can be avoided.
• Brings Agility: Automation transforms business processes and this brings intelligence to take right decisions. BPM solutions help to reduce mundane paperwork and manual intervention and make the process flawless and fast.

Gartner states, by the year 2016, 70% of the most profitable companies will manage their business processes using real-time predictive analytics or extreme collaboration. The companies should proactively upgrade their systems for BPM implementation. The BPM solutions provide significant results for the workflow processes and reduce the time consumed.

As businesses evolve, the implications of BPM will evolve and will define and redefine to automate the processes at hand.

PSI has got extensive expertise in implementing the business process solutions for any organization and scale is not a bar. We at PSI possess a proven track record for successfully implementing the solution and helping numerous organization in achieving operational excellence. PSI has got excellent expertise over a plethora of BPM products ranging from big and commercially established BPM Suites like Savvion2013, IBM BPM and also has included open-source products like Activiti, jBPM and BonitaSoft in its established BPM Centre of Excellence (CoE).
PSI works in every aspect of Business process management discipline be it process modelling, automating, integrating business processes with external system/sub systems and also provides consultancy to suggest appropriate tool and right mix of technology in achieving operational excellence through BPM discipline.

Rishi Raj Kalla is a Consultant & BPM Expert @ PSIAccording to recent NASSCOM reports, in FY2015, the Indian IT-BPM industry is estimated to account for revenues of US$ 146 billion, growing by 13% over the last year. Now the basic question arises what is BPM and why is it so crucial?
Business Process Management (BPM) is a disciplined approach taken by organizationsin order to automate their business processes with an intent of bringing visibility into processes, identifying the process performance, monitor them to seek areas of improvement in processes and also to be able to deploy the changes in quick span of time. By adopting the business process management approach organizations achieve operational excellence in terms of their processes.
It is often achieved using functionalities/features like process modeler, data mapping, defining key performance indicators, process deployment, business activity monitoring, business process optimization, and analyzing and utilizing process events. These functionalities are packaged and provided as commercial solutions, which are often termed as BPM Suites. Nonetheless, these all features can still be achieved using some excellent open source solutions albeit it depends on the expertise and comfort level with the open source technologies.
The Business Process Management discipline includes a constant running cycle as depicted below:

Business Process Management (BPM) combines the business domain knowledge and expertise with the technologies to advance the process automation, process up gradation and assists in business innovation. It influences both software and services to present a clear view of the organization.The benefits of managing the business processes can be massive.

• Competitive advantage: Business processes are aligned with the IT requirements of the organization. The right BPM solution can act as a competitive advantage for the organization. It helps to improve existing business processes. It challenges the current processes and proposes innovative ways of doing them. The technologies have expanded to solve almost every business challenge.
• Operational Efficiency:Furthermore, the convergence of BPM with IOT (Internet of Things) and Enterprise Mobility helps organisations to gain an edge over their competitors. Along the line, BPM also reduces the cost overflows and improves the revenue stream of the organization. It moves towards increasing operational efficiency of the cumbersome processes.
• Enhanced productivity:The productivity of the employees increases manifold with BPM integration and workflow automation. The inventory costs are reduced and optimum utilization of physical and virtual space takes place. Enabling business processes with BPM skills helps to manage workflows, prioritize and communicate proactively. The problem areas can be resolved and future issues can be avoided.
• Brings Agility: Automation transforms business processes and this brings intelligence to take right decisions. BPM solutions help to reduce mundane paperwork and manual intervention and make the process flawless and fast.

Gartner states, by the year 2016, 70% of the most profitable companies will manage their business processes using real-time predictive analytics or extreme collaboration.The companiesshould proactively upgrade their systems for BPM implementation. The BPM solutions provide significant results for the workflow processes and reduce the time consumed.
As businesses evolve, implications of BPM will evolve and will define and redefine to automate the processes at hand.
PSI has got extensive expertise in implementing the business process solutions for any organization and scale is not a bar. We at PSI possess proven track record for successfully implementing the solution and helping numerous organization in achieving operational excellence. PSI has got excellent expertise over a plethora of BPM products ranging from big and commercially established BPM Suites like Savvion2013, IBM BPM and also has included open source products like Activiti, jBPM and BonitaSoft in its established BPM Centre of Excellence (CoE).
PSI works in every aspect of Business process management discipline be it process modelling, automating, integrating business processes with external system/sub systems and also provides consultancy to suggest appropriate tool and right mix of technology in achieving operational excellence through BPM discipline.
Rishi Raj Kalla is a Consultant & BPM Expert @ PSI[:]