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Open source BPM has continued to grow in popularity and is now a strategic choice for mainstream businesses, offering key advantages over proprietary BPM solutions. Learn how open source BPM can unlock the full potential of your organization's processes..
Unlocking the Full Potential of BPM
Over the past decade, the Business Process Management (BPM) software segment has experienced significant growth, becoming a multi-billion dollar global market with a wide range of vendors operating in various countries. The demand for BPM solutions continues to rise as organizations strive for enhanced efficiency and productivity, particularly in today's competitive economic landscape. According to recent reports, the BPM software market is projected to maintain a strong growth trajectory, with a compound annual growth rate (CAGR) of approximately 12% to 19.9% from 2023 to 2030. Unfortunately, the promise of improving, automating, and measuring processes throughout organizations of all sizes remains largely unrealized. The primary obstacles to delivering the promise of BPM to every person in every organization include:
- Cost of BPM software and its deployment
- Rigidity of BPM products in terms of development and deployment
- Innovation in bringing BPM‐related benefits to every person in the organization
Open source BPM software offers ways to overcome these obstacles. In the traditional proprietary software model, customers license the use of the software from a vendor. While the source code of a proprietary program is a closely guarded trade secret, open source software takes the opposite philosophy—the code of an open source program is freely available for anyone to critique, modify, or rebuild. Open source has long been recognized as a preferred vehicle for disruptive innovation (e.g., the World Wide Web and more recently in Big Data technologies such as Hadoop and the many flavors of NoSQL). Open source BPM offers the following advantages over proprietary BPM:
- Transparency
- Vastly greater cost‐effectiveness
- More diverse ecosystem
- More flexibility
- Greater innovation
BPM (Business Process Management) is a means of defining and managing what happens, from beginning to end, in a “business process.” A business process is any sequence of activity of interest to an organization. Some examples of business processes include:
- A new employee is hired at a company: There are actions to be taken before, during, and after the employee’s arrival
- A user with a computer problem contacts a premium helpdesk service: The problem must be logged, tracked, resolved, and documented.
Open source BPM software is a powerful tool for unlocking the full potential of your organization's processes. With its transparency, cost-effectiveness, diverse ecosystem, flexibility, and innovation, open source BPM can help your organization achieve greater efficiency and success.
