Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    image fx (60)
    Data Analytics Driving the Modern E-commerce Warehouse
    13 Min Read
    big data analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
    data analytics and truck accident claims
    How Data Analytics Reduces Truck Accidents and Speeds Up Claims
    7 Min Read
    predictive analytics for interior designers
    Interior Designers Boost Profits with Predictive Analytics
    8 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: “What exactly is Business Performance Management…
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Mining > “What exactly is Business Performance Management…
Business IntelligenceData MiningData WarehousingPredictive Analytics

“What exactly is Business Performance Management…

JackMason
JackMason
2 Min Read
SHARE

“What exactly is Business Performance Management (BPM)?

Ask five people and you will get six answers. The COO will say it is Operational Performance Management (OPM) because it is used to manage activities associated with production and distribution. The CFO will say it is Corporate Performance Management (CPM) ‐‐ running a business “by the numbers.” Others will say it is the latest incarnation of analytics, dashboards, and Business Intelligence …


More Read

Big Data in Retail Industry [INFOGRAPHIC]
Adding decision management to your BPM initiative
Real-Time Interactive Data Visualization Tools Reshaping Modern Business
BusinessObjects is The Best Thing About SAP Business Suite 7?
Social processes: if you add social software to BPM, do you get Enterprise 2.0’s killer app?

“What exactly is Business Performance Management (BPM)?

Ask five people and you will get six answers. The COO will say it is Operational Performance Management (OPM) because it is used to manage activities associated with production and distribution. The CFO will say it is Corporate Performance Management (CPM) ‐‐ running a business “by the numbers.” Others will say it is the latest incarnation of analytics, dashboards, and Business Intelligence (BI). Then there are those that will confuse BPM with the other acronyms with the same letters – Business Process Management (which we are, for this paper, labeling as BPrM). The difference between them is more about the approach than the results. The more contemporary Business Performance Management is a broader top down approach while time honored Business Process Management assumes a more focused supporting role and is bottom‐up.

BPM is the combination of Business Intelligence (BI) and BPrM ‐‐ an amalgamation of the various methodologies used to plan, measure, analyze, and run a business.”

The Smarter Planet tumblelog is an outgrowth of IBM’s strategic initiative to help a world of smart systems emerge.

 See this primer on Smarter Planet

 

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

image fx (60)
How Finance & BI Teams Choose Accounting Software
Big Data Business Intelligence Exclusive
Why the AI Race Is Being Decided at the Dataset Level
Why the AI Race Is Being Decided at the Dataset Level
Artificial Intelligence Big Data Exclusive
image fx (60)
Data Analytics Driving the Modern E-commerce Warehouse
Analytics Big Data Exclusive
ai for building crypto banks
Building Your Own Crypto Bank with AI
Blockchain Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

The Zen of SOA: seeing the ‘mountain’ before you cross it

4 Min Read

Other characteristics of decision-centric organizations

6 Min Read
artificial intelligence ML shaping web design
Artificial IntelligenceExclusiveMachine LearningNews

How AI is Changing the Future of Web Design

9 Min Read

Top 10 Excuses to Avoid Business Rules: #1 You want business users to do what?!

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence
data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?