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What is Business Activity Monitoring or BAM?
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Answer Posted / jafar ali
Business Activity Monitoring or BAM, is the the automated monitoring of business process activity affecting an enterprise. BAM is generally implemented as a module of ERP, BI, EAI or BPM products. BAM requires a business to identify its Key Performance Indicators (KPIs) and create a system that allows monitoring and responding to changes, preferably real time.
Virtually for everyone in a organization can benefit from BAM. Business Activity Monitoring enables a company to respond faster to new opportunities and threats. BAM is not just about technology, but about recognizing a business' KPIs and implementing the right technology in place to monitor them.
BAM provides Real-Time, Graphical Key Performance Indicators & Analysis
BAM enables control and manage ongoing business operations using closed-loop visibility.
BAM will enable you to respond quickly to change based on business events as they occur.
BAM enables zoom in on cross-process metrics with real-time analysis to determine which processes are creating bottlenecks or which customer is most profitable.
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