

BUSINESS ACTIVITY MONITORING
Business Activity Monitoring
Propelling Business to the Next Level
Business activity monitoring (BAM) applies operational business
intelligence and application integration technologies to automated processes to
continually refine them based on feedback that comes directly from knowledge of
operational events. In addition to auditing business processes (and business process
management systems) and sending event-driven alerts that trigger process adjustments,
BAM solutions also can be used to alert individuals to changes in the business that
may require action. And BAM data points can provide aggregated insight to executives
involved in strategic planning. Companies and government agencies alike are already
implementing BAM solutions, and continue to refine those solutions as they approach
the joint goals of zero information latency and self-correcting processes. Businesses
can use BAM solutions in a continuous, iterative effort to fine-tune operations
ranging from claims processing to inventory replenishment. Government agencies can
use them to identify and thwart money-laundering schemes and bioterrorist attacks.
BAM solutions also can help organizations track and forecast everything from package
deliveries to crime patterns for efficient resource allocation.
Pervasive BAM Capabilities
Through advanced integration, intelligent monitoring, and
state-of-the-art reporting and alert technologies, Information Builders supplies
all the capabilities people need to build high-powered BAM solutions. By proactively
identifying problems and sending alerts accompanied by all relevant information
to appropriate systems or individuals, BAM solutions built on Information Builders'
technology can enable an organization to quickly address and resolve an issue before
it reaches critical mass – or take advantage of an opportunity while it's still
hot. Information Builders-based BAM solutions can audit any business process in
real time, providing feedback and associated data to people or systems in order
to improve the process as it happens. Information about the business process can
be propagated from any information source – real-time ERP transactions, warehoused
data, business-to-business systems, and more – to line managers, executives, or
automated business processes. No vendor accesses and integrates as many transaction
types and data sources as Information Builders. As a result, our customers' BAM
solutions can capture end-to-end transaction and workflow data related to a single
application and even across applications that span multiple business units throughout
the enterprise. Those solutions integrate and summarize business details into the
kinds of key metrics it takes to streamline business processes and help people make
fully informed decisions.
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