Ontology-Based Business Process Management: The Vision Statement
- Topics:
- Business Process Management
- Tags:
- BPM,
- Vision,
- Operational Planning,
- Ontology,
- It Operations,
- Business Process Trends,
- Business Process Automation,
- Business Process,
- Business Operations,
- Vision Statement
- Source:
- Business Process Trends
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Overview: This white paper outlines the vision of third generation ontology-based business process management and explains why this approach helps to shrink time-to-market cycles of business processes, increase productivity and reduce costs. Now, more than ever, there is a growing awareness that traditional roles need to be reconsidered. In the first generation, IT was assigned the task to implement business processes, which generally resulted in burying business process flow logic in application logic. The advent of Workflow Management Systems (WfMS), a. k. a Business Process Management Systems (BPMS) several years ago marked the beginning of the second generation.
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Format: PDF | Size: 319KB | Date: Nov 2003 | Pages: 13
