BPM is spending at least 5% more
Most business process management (BPM) practitioners expect their organizations to increase their spending on BPM by at least 5 percent over the next 12 months, according to recent surveys by Gartner.
Despite economic turbulence, more than half of those surveyed plan to increase their spending on BPM efforts by more than 5 percent, and over a third of respondents plan to increase BPM spending by more than 10 percent.
“Most of the BPM practitioners we surveyed were somewhat optimistic about their companies’ growth prospects in fiscal year 2009,” said Michele Cantara, research vice president at Gartner. “Only 23 percent anticipated any degree of revenue decline, while 42 percent anticipated some growth, suggesting that BPM helps companies thrive and isn’t just a survival tactic.”
The survey found that for the most part, BPM Summit attendees aren’t aggressive technology adopters. Only 12 percent of survey participants said that their organizations had an aggressive technology adoption profile. Although the respondents aren’t aggressive technology adopters, all were implementing or planning to implement BPM projects during the next 12 months.
“Overall, the survey responses suggest an optimistic outlook for the BPM market and also highlight trends we’ve observed in customer inquiries and reference checks; that is that companies don’t see BPM as a luxury,” said Cantara. “Instead, BPM is quickly becoming an alternative and better way of developing solutions and improving processes for many companies.”