A lot of IT organizations understand how something can be much greater than the sum of its parts. In the case of next-generation business process management (BPM), many IT organizations are going to be surprised to discover how in-memory computing, predictive analytics, Big Data and open application programming interfaces (APIs) are coming together to not only make BPM more effective in real time, but also a whole lot easier to deploy.
Software AG has launched an Intelligent Business Operations Platform, which applies predictive analytics in a way that allows organizations to adjust processes in real time based on the information collected from both internal and external data sources.
Dr. John Bates, CTO for Intelligent Business Operations and Big Data at Software AG, says that leveraging open APIs allows for a continuous feed of data into an analytics engine that can identify patterns in real time. That capability is enabled by the fact that the Intelligent Business Operations Platform runs in-memory.
Rather than stitching all these emerging technologies together on their own, Bates says Software AG is prepackaging them together in a way that makes them both easier to consume and to apply to the management of a business process.
Intelligent Business Operations combines technologies organically developed by Software AG with a variety of enabling technologies that the company has gained over the years via the acquisitions of Terracotta, Apama, JackBe, My-Channels and webMethods.
Intelligent Business Operations combines in-memory, historical-process discovery and performance monitoring data with real-time data streams to provide continuous data analytics. The patterns that are discovered then generate real-time business alerts through visual dashboards. Intelligent Business Operations is also integrated with Software AG Live, the company’s platform as a service (PaaS) offering and webMethods BPMS, the company’s business process platform.
At the moment, a primordial soup of emerging technologies is coming together that have the potential to transform how business operations across the spectrum are managed. The question IT organizations will have to decide is whether they need to master all those technologies or just purchase them as a package deal that can be put to use today.