1. THE VALUE OF TRUE BUSINESS PROCESS MANAGEMENT

For the IT community, typical benefits of the new-style architecture and BPM include:

_ Reduction in IT development cost by up to 30%
_ Payback typically between six and nine months
_ Typical enterprise integration project implementation down from 18
months to 7 months
_ BPM supports highly iterative IT projects; start small then grow
For the business community:
_ Some early adopters have achieved annual revenue increases of 5%,
with a three-year return on investment as high as 250%.
_ These figures coexist with annual IT cost reductions of 10% or
more and savings of 50 to 80% for application management alone.
_ BPM puts businesspeople back in the driving seat and enables and encourages
continuous business process improvement and evolution. Directly
executable business models become feasible, with reusable building blocks
for the business, so as the process library builds up, subsequent processes
become easier and quicker to define and implement.
_ BPM aligns processes more directly with business objectives and streamlines
internal and external business processes, eliminating redundancies
and increasing automation.
_ BPM provides end-to-end process visibility, control, and accountability,
supported by common process integration protocol (BPML) behind the
firewall and over the Internet � ideal for supply chain collaboration.
BPM allows for global process convergence while catering to essential
local customization.