THE NEW ERA OF BUSINESS PROCESS MANAGEMENT
Don't just automate your existing business processes, digitalize them to take advantage of new trends and disruptive technologies (including Fast Data, the Internet of Things, Mobility, the Event-Driven Enterprise) to innovate how your business operates and reinvent your value.
For the last 30 years business process management (BPM) has been a combination of technologies and methodologies used to define, optimize, and automate (digitally enabling) existing processes within an enterprise. A new era of BPM has arrived, and TIBCO is leading the charge to help you digitalize so you can open a new economy, extend into new markets, and provide new levels of customer satisfaction.
Evolution of BPM
In 2009, the management legend Peter Drucker wrote what has become the catalyst for the new digitalization era of BPM:
"The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the manual worker in manufacturing.
The most important contribution management needs to make in the 21st century is similarly to increase the productivity of knowledge work and the knowledge worker.
The most valuable assets of a 20th century company were its production equipment. The most valuable asset of a 21st century institution, whether business or nonbusiness, will be its knowledge workers and their productivity."
This shift in focus has transformed businesses, their processes, and the technology and methodologies necessary to support them. The market has expanded and intelligent business process suites and business process platforms have emerged to solve the 21st century problem of supporting and empowering knowledge workers.