Panorama Software has unveiled plans to provide seamless integration of business intelligence (BI) with business process management (BPM) solutions as part of its proactive BI roadmap.
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“BI and BPM markets are converging,” said Eynav Azarya, CEO, Panorama Software. “BI today is about actions with context and business processes are becoming less and less manually-driven. When we recently announced our Proactive BI roadmap we decided to be the first BI software company that provides the ability to bring BI and BPM closer together to enable structured actions and to automate business processes.”
In a report in June 2007, market analyst firm Forrester Research stated that it too believes that BI and BPM are increasingly converging.
“I see at least three ways BI and processes, workflow, and rules will converge,” said Boris Evelson, principal analyst, business intelligence, at Forrester Research. “At the least complex level, he anticipates convergence starting in the area of dashboards and business activity monitoring, which combine data and process dashboards, and then the emergence of actionable BI, in which processes are triggered by data conditions. Finally, the real convergence of BI with business process management and business rules management will emerge in which, reports, dashboards and analytics are seamlessly imbedded into every step of a business process to empower decision-making.”