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Business activity monitoring

From Wikipedia, the free encyclopedia

Business activity monitoring (BAM) is a category of software that aids in the monitoring and tracking of business activities implemented within computer systems.

BAM is a concept introduced by Gartner, Inc., referring to the collection, analysis, and presentation of real-time information about activities within organizations, including those involving customers and partners. BAM tracks individual business processes and sequences of activities that span multiple systems and applications.[1] Operations managers and executives may get a clear, real-time view of business operations though BAM.

Description

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BAM software provides real-time insights into the status and outcomes of operations, processes, and transactions, helping organizations collect and use this information effectively. BAM systems typically display data on computer dashboards, but they differ from business intelligence (BI) dashboards. In BAM systems, events are processed in real-time or near real-time and immediately displayed, whereas BI dashboards typically refresh at scheduled intervals by querying databases.

Certain products offer trouble notification functionalities, enabling them to interact directly with the issue tracking system. These functionalities allow e-mails, voice or text messages to be relayed to individuals depending on the nature of the issue.

Processing events

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Newer versions are based on complex event processing (CEP) technology and can process greater volumes of underlying technical events. This derives higher-level business events, reducing the dependency on BPM.[1]

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References

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  1. ^ a b "What is Business Process Management? | IBM". www.ibm.com. 2021-09-17. Retrieved 2024-09-18.