business event management - smartscore bem solution

14
Corpus Confidential Copyright © 2007 Corpus Business Solutions SmartScore BEM Solution Business Event Management

Upload: dobler-consulting

Post on 21-May-2015

1.701 views

Category:

Business


1 download

DESCRIPTION

This is a short presentation on SmartScore, a BEM tool that lives up to Forrester’s BEM definition without being too complex. With the ability to connect to most known database flavors and even monitoring ftp servers and file folders, this tool has the power to combine many data sources for an effective pattern detection, which is the primary objective of BEM; monitoring multiple sources in real time.

TRANSCRIPT

Page 1: Business Event Management - SmartScore BEM Solution

Corpus Confidential Copyright © 2007 Corpus Business Solutions

SmartScore BEM Solution

Business Event Management

Page 2: Business Event Management - SmartScore BEM Solution

2 Copyright © 2007 Corpus Business Solutions

Business Event Management- Definition

“Business event management (BEM) is the process of capturing real time business events from multiple sources and assigning them to the appropriate decision maker for resolution based on the business context of the events”

Source: Forrester

Page 3: Business Event Management - SmartScore BEM Solution

3 Copyright © 2007 Corpus Business Solutions

Business Event Management - Components

Source: Forrester

Closed-LoopBEM

Processing

Detection

Analysis

Response

Monitor

Page 4: Business Event Management - SmartScore BEM Solution

4 Copyright © 2007 Corpus Business Solutions

Business Event Management - Components

Source: Forrester

DefinedProcess

meaningfulstate change

Eventnotification

alerts

Notificationrepository

published

filtered,correlated

Resolution

responseAppropriateaction taker

routed

analysis

Page 5: Business Event Management - SmartScore BEM Solution

5 Copyright © 2007 Corpus Business Solutions

Some of today’s business challenges

Challenges Continuous reduction in cycle time

to delivery…. with fewer resources

More cross functional, organizational interactions required to complete activities

Lots of data in systems or on reports, but information is difficult to get and not timely

Team members are not working from the same understanding of a problem condition

Increase regulatory pressure and costs to control the business operations as planned or designed

Needs Need to reduce time between

problem occurrence and the time I’ve completed my response

Need to reduce point-to-point communications

Need to intelligently push critical information to specific people

Need to create processes and not reports

Need better execution of how I control my business

Page 6: Business Event Management - SmartScore BEM Solution

6 Copyright © 2007 Corpus Business Solutions

Today’s Typical Business Process Flow

Situation identified via reports after the fact.

Situation communicated via phone or email

People running around trying to fix the problem

Endless meetings trying to figure out how to avoid the problem in the future

Process can take weeks or even months

Page 7: Business Event Management - SmartScore BEM Solution

7 Copyright © 2007 Corpus Business Solutions

Business Event Management – SmartScore Solution

Proactively react to a wide variety of user-defined events in real time

Define events and resolution processes using standards based business rules

Automate problem escalation, communication and resolution

Collaborate with employees, suppliers and trading partners

Analysis and reporting on exceptions and eventsOpen design – operates across any application or

functional area

Page 8: Business Event Management - SmartScore BEM Solution

SmartScore Business Events

8 Copyright © 2007 Corpus Business Solutions

Page 9: Business Event Management - SmartScore BEM Solution

9 Copyright © 2007 Corpus Business Solutions

Process Flow using SmartScore BEM Solution

MFG HR Sales/MarketingFinance

SmartScoreBEM System

Notifications

IT

SMS E-Mail Pop-Up

Business Events

Systems

Page 10: Business Event Management - SmartScore BEM Solution

Multiple Data Sources w/ SmartScore

10 Copyright © 2007 Corpus Business Solutions

Databases•Oracle

•Oracle Apps•SAP

•MS SQL Server•Sybase ASE•Sybase IQ•DB2•Informix•Progress•PostgreSQL•MySQL•Access•Dataflex

Files•FTP Servers (incl. secure ftp)•Excel Sheets•TXT Files•DBF Files•File Systems

Page 11: Business Event Management - SmartScore BEM Solution

11 Copyright © 2007 Corpus Business Solutions

Business Events Examples

Finance Posting to Secure Accounts Posting to Suspense Account Journal Entries over a Dollar Threshold Invoices Over a Dollar Threshold Budget vs. Actual

Manufacturing/Distribution Inventory Levels Work in Progress FOB Notifications Machine Downtime

HR Direct Deposit Notifications Anniversary Notifications Open Enrollment Accrued Vacation Asset management

Sales and Marketing Forecast vs. Actual Discount Above Threshold Lead Acknowledgement VSOE Threshold Exceeded

Page 12: Business Event Management - SmartScore BEM Solution

12 Copyright © 2007 Corpus Business Solutions

SmartScore Business Benefits

Small footprintNo expensive hardware to buyShort implementation time Rapid recovery Ease of UseLow Cost of OwnershipFast Return on InvestmentData Federation with collecting data from multiple sources in one

single event

Page 13: Business Event Management - SmartScore BEM Solution

13 Copyright © 2007 Corpus Business Solutions

Analyst Market Information

“Through 2010, the adoption of BEM platforms will grow at least 200 percent from 2006.”

Gartner Report

“BEM's real potential is at the business level, helping to enable new strategies, reduce operating costs, and improve process performance and other tangible areas of management attention.”

Gartner Report

“The Business Event Management market will grow from $1.2B in 2005 to $2.7B in 2009.”

Forrester

Page 14: Business Event Management - SmartScore BEM Solution

14 Copyright © 2007 Corpus Business Solutions

Some of Our Business Event Management Users