Introducing the GNS Solution
Business Activity Monitoring (BAM) is the latest industry buzz. What is really needed is an expanded version of BAM, which we define as Business Activity Control (BAC). Overall, BAC addresses the need to centralize information, while keeping everything accessible and updateable in real-time, for those who need to provide effective decision making business intelligence and control. The experts at GNS have designed, developed and implemented hundreds of zero-latency (e.g., to reduce the time between capturing new data in one area and making it available and usable elsewhere) BAC systems over the last 30 years.
While BAM is a new industry buzz word, real-time Virtual Report Processing (VRP) as a proven Business Intelligence (BI) solution is older than DOS itself, first tested and proven in 1968. The industry's "Best Kept Secret" is back on track providing leading edge solutions based on simple steps for managing vast amounts of real-time data. BAM is a subset application of ICE-RADS (within Unisys’ Business Information Sever) that provides a point and click environment for filtering relevant data at its raw data source to all levels of users.
Gartner analysts continue to outline mature proven theories as the next generation of IT solutions. “Speed and agility are the marks of a progressive enterprise that sees and understands clearly and quickly how its business is performing, so it can react with appropriate decisions and strategies. Although most enterprises are awash with information stored on databases and in the minds of its employees and managers, aggressive enterprises will be using business activity monitoring (BAM) to integrate and make intelligent real-time use of
predetermined level. Profitability will only be one of many measures enterprises will be able to view in real time. Others include, but are not restricted to, customer satisfaction, cash on hand and on-time delivery.
Business managers of a Web-based store application can develop a business indicator by correlating buying behavior with the response time that users experience. Enterprises need to keep the following points in mind when planning or implementing real-time reporting and analysis. Packaged application vendors are designing better interfaces that are XML-generated and provide more task of monitoring the real-time information will be shared by the whole workforce. Monitoring is very domain-dependent, and it is the people involved who will
Global Net Systems
Business Activity Monitoring (BAM)
Industry analyst Gartner Dataquest created the term BAM and defines it as:
“The concept of providing real-time access to critical business performance indicators to improve the speed and effectiveness of business operations. At its broadest level, BAM is the convergence of operational BI and real-time application integration aimed at business goals but enabled through advances in IT.”
"Enterprises must help speed up the information flow, continuously monitor business activities, react to events as they occur and offer new products and services based on instantly available information. Software vendors must develop highly sophisticated systems that can drive the lags and latencies out of the business processes. Only those that understand the imperative of BAM can develop software with such a capability.”
Gartner estimated that by 2005, application integration will have affected 40 percent of workers, who have access to business process information and metrics that are outside of the application with which they principally deal. By 2010, that figure has risen to 60 percent.
BAM and BAC incorporated into one System
The success of this system is found in these fundamentals: ease, power, and flexibility of the monitoring and updating tools. The end-users utilizing real-control information range from executive personnel to managers. However, the real mission critical control comes from putting full enterprise-wide activity monitoring functionality safely into the hands of workers and base employees themselves. This type of controlled access, while emphasizing the importance of delivering rich functionality for data mining and manipulation, enables the full power of real-time reporting that consistently results in far greater efficient business operations and performance control.
"With access to real-time information on mission critical performance indicators, managers and workers can play a crucial role in improving the speed and effectiveness of an enterprise's business operations. BAM can significantly accelerate an enterprise's reaction times through its ability to give workers much better insights into business processes."
"The real potential for BAM is at the business level, enabling new business strategies, reducing operating costs, and improving process performance and other tangible areas of management attention. Early BAM ventures in transportation (for example, airline operations) and logistics (for example, package shipment) are showing the benefits of reduced latency on decision making."
"The generally increasing pace of business, escalating demands for better customer service, and requirements for more efficiency and better return on investment (ROI) are forcing companies to fine tune their technologies to meet the faster pace of business demands. These drivers are helping to increase the need for technologies such as BAM."
"BAM's enterprisewide job is to reduce or eliminate delays, bottlenecks and inefficient use of labor and materials, while providing real-time financial and performance data. BAM will be an analytical tool that enterprises must wield to gain a near "zero latency" position."
Gartner Dataquest additionally highlights the following areas of effect
Enterprises need to understand how BAM will affect their operations and structure. For example, warehouses will hold less stock and workers outside of the warehouse will be able to see the inventory and ordering and sales data. Some departments may disappear, but new ones will be developed, just as cash tellers largely disappeared from banks when the automated teller machines were introduced. Managers will no longer be able to hoard information, but will decide what information is distributed, to whom, and in what way. People who need the best information will be placed at the center of the appropriate business process.
Employees will not deal with raw data but with reports, written or graphical, or alerts of trends and exceptions, according to predefined criteria. For example, a trucking company manager might be paged when the fleet's carrying capacity drops below a
determine what the key performance or alert indicators will be. Enterprises can make savings by minimizing idle working capital. In this fast paced information age there now exists the need for a one-stop shop solution to real-time reporting and enterprise wide data sharing that provides real-control information.
The leading industry analyst, Gartner Dataquest, states that, "The demand for application integration and middleware (AIM) and portals will be strong because the integration challenge will continue into the foreseeable future. This will be driven by the globalization of business, mergers and acquisitions, and the fundamental business requirements to reach out and maintain new customers, partners and suppliers," said Joanne Correia, vice president for Gartner Dataquest's Software Industry Research group. "It will also be driven by the need for cost control and business process streamlining and optimization."
"Software vendors need to look beyond the technology benefits to ways their software and services can provide better ROI and time to market for their customers," Correia said. "Software vendors need to try to focus their value proposition on the business issues they solve, such as improving business process discovery, design, integration and management."
”Web services are changing the perception of integration technology from complex and expensive to simple and inexpensive. Although this is wishful thinking for most cases of integration, vendors will have to react to the demand for cheaper integration products by developing low cost, low-end integration packages around Web services technology and Web services centered value propositions," Correia said.
"The leading AIM vendors in the Web services arena will likely by the vendors with the strongest competence levels in high-end enterprise middleware. The differentiation will focus on quality of service characteristics, such as integrity, security, manageability, availability, performance and scalability," Correia said.
GNS is not only met Gartner Dataquest's forecasts, we have exceeded the scope for many, many years now.
Why is the BAM best choice for providing and Zero-Latency "real-control" information solutions to your Enterprise?
The zero-latency concepts and solutions introduced by MAPPER were so far ahead of their time that it has taken more than 35 years for the industry to finally begin to catch up. VRP will finally be recognized as the next generation of computing.