BPM Critical as Cloud Analytics Rise

Cloud computing is evolving to the point that more organizations are using the technology to support analytics efforts. With this move underway, businesses need to seriously consider how they will integrate data, processes and applications to ensure users can leverage analytics functionality in the most efficient way possible. Business process management software can play a vital role in helping organizations connect information across a variety of process and technology channels, empowering workers to get the job done as efficiently as possible.

Looking at the rise of cloud analytics  According to a recent study from ReportsnReports, many organizations are working to align their cloud and data analytics strategies in order to more effectively track and analyze data created on channels like social media. This has led to the growing markets for data analytics and cloud computing to effectively crash into one another, leading to significant potential for expansion. The study predicted that the cloud data analytics market will rise at a compound annual growth rate of approximately 26.29 percent during the period of 2014 to 2019.

The news source explained that data storage requirements are expanding at a meteoric pace, creating huge capacity demands across a variety of industries. However, storing this data is not enough. Companies also need to be able to manage databases effectively, delivering information to end users and gathering data from a variety of sources. Cloud computing provides the scalability, manageability and communications functionality that organizations need to handle these challenges.

BPM can help companies maximize the potential of cloud analytics.

Using BPM to maximize the value of cloud analytics BPM tools play a critical role in helping organizations use data effectively, especially as companies can increasingly use a process management system as an application delivery platform. This ability to build robust process functions into apps and services without coding frees organizations to quickly and seamlessly connect users across organizational boundaries.

Big data will become a cost sink if businesses are unable to adequately put the information they collect into action. Cloud computing provides the infrastructure and software capabilities needed to reduce the costs and complexity of big data, but that will not necessarily have a huge role in helping users maximize the technology. Process management technologies that connect operations and data between users can have the direct impact on day-to-day operations that businesses need to ensure big data has a positive impact on their bottom line.

*Sources & References:

Appian

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The Results Are In: Now is the Time for Business to Embrace Application Platforms

A new commissioned research study conducted by Forrester Consulting on behalf of Appian has identified the need for new application platforms as a way to address work challenges and transform today’s modern businesses. The study, titled “The Move Toward Modern Application Platforms,” is based on survey data from IT managers and business directors on the current trends, challenges, and benefits related to the adoption of modern application development within enterprise organizations.

The study revealed a number of predictions about the urgency for IT professionals to accelerate delivery of innovative business applications, as well as a series of compelling statistics. According to Forrester Consulting, 59 percent of survey respondents stated they must custom-build applications because specific functionality unique to their business is not available in pre-packaged, off the shelf software applications. In addition, 50 percent of respondents cited the value of custom-developed applications in preserving employee and customer service excellence.

A notable finding from the study was the onset of cloud for businesses looking to modernize their processes. Forrester Consulting deems application platforms as being a viable choice for businesses that harness the cloud for rapid acceleration. When asked why development teams had chosen a cloud environment, the top response was that it was the fastest way to get a project done and deployed to meet unique business demands.

“Appian’s BPM-based Application Platform helps development teams meet the requirements of 21-Century business,” said Matt Calkins, CEO and President of Appian. “The result is more rapid delivery of innovative functionality that drives growth, empowers employees, and engages customers.”

Key characteristics of these platforms discussed in the study include:
1. Quick deployment of work environments as needed for development, testing, and production
2. Visual, model-based, and automated tooling to speed all aspects of application development
3. Availability of cloud and on-premise deployments
4. Compatibility with multiple app types (web and mobile) to eliminate need for business-siloed apps

*Sources & References:
Appian

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