BPM: The North Star of Business Innovation Today
Too often business innovation is focused only on products rather than practices. But at the end of the day, innovation is about finding a better way to do something. It could mean streamlining an everyday process just as easily as it could mean expanding a program. Business Process Management (BPM) technology helps turn out-of-the-box ideas into reality.
BPM has proven invaluable when it comes to supporting new technologies, business processes and models, and customers and markets—regardless of industry. Just as BPM has helped retailers better understand customers in order to develop new ways of solving their problems, it has also been able to accelerate product launches 70 percent in the telecommunications industry.
Let’s take a look at a few of the key ways BPM helps drive business innovation.
BPM helps free busy professionals from being bogged down with unnecessary administrative tasks and busy work. BPM helps businesses ensure employees have the time to focus on what they should really be doing. This freedom means time for new ideas, strategies, collaboration, experimentation and productivity across the board.
BPM provides the tools to assist with implementing new and creative ideas. While it may have taken months (or even years) in the past to implement new ideas—BPM enables implementation in just a fraction of the time it used to take. As a process, BPM supports collaboration—which (of course) plays a critical role in innovation.
Creating an environment that supports innovation also requires that businesses protect their existing resources—particularly the most valuable ones as they search for ways to generate new sources of revenue. BPM also provides checks and balances, policies and guidelines to support governance during the innovation process.
Read Don’t let a good idea get away on our blog to learn more about how BPM helps drive business innovation.
True innovation isn’t just about offering the best product or service—it’s about offering it in the most efficient way possible. Here at AVIO Consulting, we understand the importance of innovation and how BPM technology can help bring your ideas to life. Whether you’re starting a new BPM project or implementing Oracle Fusion Middleware solutions, we’re here to help. Contact us at (972) 608-4777 or firstname.lastname@example.org for more information.
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About AVIO Consulting
AVIO Consulting is an IT strategy and consulting firm focused on helping businesses realize the value of their Oracle Fusion Middleware and WebCenter Content investments. Our ability to define visions and engineer solutions has established AVIO as a premier Oracle partner. Founded in 2007, AVIO has been recognized as one of the fastest growing, privately held companies by the Dallas Business Journal. For more information visit www.avioconsulting.com