Information is the lifeblood of enterprises in a dynamic global marketplace, and business today demand a continuing optimization of business processes and their management. The constantly changing business imperatives and merger and acquisition activities have ensured that no single business system or IT process will remain static for long. This implies the desperate need for integrated business process management suite with an exemplary BI platform. Constant business cycle hiccups further worsen the situation, where enterprises need to examine and streamline their business processes to minimize costs and stay competitive.
While Optimizing and improving enterprise processes, business and technical teams had many queries to answer: What is the process today? What are the target performance objectives for the improved process? Who performs which activities? Where are the bottlenecks in the process? What changes to the process will drive better efficiency? What information does the process need to write to existing transactional systems? All of these questions had to be answered to deliver the enterprise wide streamlined operation.
iCAST built with integrated process management suite enables organizations to establish goals and set objectives for improving operational business processes that have significant impact on business performance. This is aimed at providing the complete view of all the activities necessary to execute all business process including the applications, people, and data involved. BPM helps to simulate historical data, in order to predict or anticipate business events that will positively or negatively affect the process. Business activity monitoring and analysis capabilities coupled with process management translate into business optimization. This allows enterprises to transcend reactive tactics and engage in strategic, analytical, and proactive management. This shared picture of the real process is the cornerstone of communication and alignment required for successful process improvement. Underpinning the philosophy of BPM, iCAST provides the framework that enables the firms to translate strategic choices into concrete plans of action, driving performance and allowing visibility into day-to-day operations.
Hallmarks of iCAST on SOA foundation
- Standard based interfaces (data management, semantics and syntax)
- Computable Services (decomposition into common components)
- Integration layers (directories, service bus, brokerage, functionality to reintegrate the components)
As the future lies in being able to adapt core processes with unprecedented speed allowing enterprises to act appropriately and competitively regardless of situation, iCAST provides strategic advantage to enterprises in process optimization, choreographing the services, process monitoring
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