In the Star Trek universe, cloud computing has been standard practice for decades. Even back in the 60s it was not uncommon for crew members to gather data with portable equipment while on a mission, and then send it to computers aboard the starship Enterprise, hovering above the planet for processing. Today, you don’t need to conduct business on another planet to gain the benefits of cloud-enabled BPM.
Today, many businesses are using private cloud-enabled BPM platforms that serve as the foundation for business process services, or BPM platform as a service (PaaS) to achieve goals. BPM in the cloud offers an array of attractive business benefits. It reduces costs, consolidates applications, standardizes business processes, and improves the business’ control over and management of work.
Early BPM adopter and AVIO client Thomson Reuters successfully implemented BPM as a platform inside a private cloud. As a global provider of information it sought to evolve and merge differing platforms across the organization. By combining a sound platform and business unit process competency with transformational skills like project and change management, Thomson Reuters was able to realize:
- More internal control over costs, licensing and maintenance
- Consistency among various content groups and integration types
- A less complex technology stack with a multi-tenant platform
Read Three Technologies CFOs Need to Know About on the Oracle Enterprise Performance Management Blog to discover why if the cloud isn’t already on your radar, it should be. Then visit Gartner’s website to learn how 40 percent of businesses with BPM initiatives use cloud computing to support BPM. Finally, our monthly newsletter highlights five additional thoughts in the article BPM in the Private Cloud: Better Process Management.