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New Book on Intelligent BPM Systems launches today

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iBPMS_Full_CoverFuture Strategies launched their new book today in Chicago: iBPMS: Intelligent BPM Systems: Impact and Opportunity:

Intelligent business process management is the next generation of enterprise BPM, leveraging recent technological advances to attain a degree of operational responsiveness not possible with yesterday’s business process platform.  Today, companies of all types want faster and better insight into their operations. This growing demand for operational intelligence has given rise to a new, “smarter” variety of business process management suites (BPMSs).

An intelligent BPM suite provides the functionality needed to support more intelligent business operations, including real-time analytics, extensive complex event processing (CEP) and business activity monitoring (BAM) technologies and enhanced mobile, social and collaborative capabilities.
Dubbed ‘iBPMS” by Gartner Group, who describes the intelligent BPM Suite as having 10 core components:

    • A process orchestration engine
    • A model-driven composition environment
    • Content interaction management
    • Human interaction management
    • Connectivity
    • Active analytics (sometimes called continuous intelligence)
    • On-demand analytics
    • Business rules management (BRM) [Note: I would group these last three as Decision Maangement support but that’s just me]
    • Management and administration for the suite’s technical aspects
    • A process component registry/repository

An intelligent BPM suite provides the functionality needed to support more intelligent business operations, including real-time analytics, extensive complex event processing (CEP) and business activity monitoring (BAM) technologies and enhanced mobile, social and collaborative capabilities.

The book is a series of articles by different experts and includes a great article on the new Decision Model and Notation standard by me, Alan Fish of FICO; Jan Vanthienen of KU Leuven and Paul Vincent formerly of  TIBCO.

Emerging Standards in Decision Modeling—an Introduction to Decision Model & Notation
Written by four members of the submission team (representing FICO, TIBCO, Decision Management Solutions and the University of Leuven), this paper introduces the Decision Model & Notation.
The BPM market has expanded and matured in recent years, driven in part by the growing acceptance and broad use of process standards and common modeling notations. As companies transition to intelligent BPM, however, there is a need to focus on decision-making as well as process execution and workflow. Decision-making is important in intelligent processes, making them simpler and more agile as well as increasing the rate of straight through processing. However existing standards and notations do not readily support the modeling and specification of decision making. To address this need a new standard is being developed at the OMG, the Decision Model and Notation (DMN) standard.

You can get more details on the book here and order it here (discounted direct price) or from amazon.com. For more on DMN, check out this recent blog post about the beta specification.

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