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Theo Priestley

Theo Priestley

BPMredux
Theo Priestley is a business consultant, industry analyst, startup advisor and writer. Theo writes high quality, high impact articles at high velocity and edits the popular BPM industry blog - BPMRedux.com - as well as writing and editing for SuccessfulWorkplace. He also contributes to Venturebeat, Techtarget's ebizQ and ghost writes for company blogs. Theo made a name for himself with the publication of what has been described at "the seminal blog on the state of BPM" in 2010 ("What the F**k is BPM") and was named in the Top 5o Influencers of 2012 for the Case Management industry.
  • 0 comments 163 reads
    Posted on 2013-06-15

    There has been a shift taking place in analytics for years now. Where before data was collated, catalogued and mined today it’s reacted upon in real-time and in-stream. Technology is allowing us to harness big data and understand it in milliseconds but will this quest for speed be your ultimate undoing ?

    Take Complex Event Processing. The goal of CEP is to identify meaningful events (such as opportunities or threats) and respond to them as quickly as possible. Large software companies such as TIBCO and Software AG are making a big play in this space right now with acquisitions aplomb and Software AG’s own Ivo Totev states that “CEP is an important capability helping customers detect important events and information that are critical to fast and accurate business decisions.”

    Both...

  • 0 comments 111 reads
    Posted on 2013-06-13

    keep-calm-and-automate--20

    The BPM world is a divided one with many camps. We have methodology on one side and software on the other. But even the software camp is sub-divided further into those which offer repositories and process analysis capabilities and the other which automate and drive work. Admittedly its a simplistic view of the market but we are entering a tipping point in which some vendors will be left well and truly in the dust.

    I came across a customer example recently where they had spent a significant amount of effort in years documenting their processes to create a global process repository, in essence a prime example of a knowledge management system rather than a BPMS. It’s cross-referenced, generates...

  • 0 comments 101 reads
    Posted on 2013-06-13

    The Complex Event Processing and Real-Time space is hot property and now it’s gone off the scale. Both TIBCO and SoftwareAG have announced acquisitions this week:

    Earlier this week TIBCO announced that it acquired Streambase, a privately held provider of high performance event processing and real-time analytics software, and today SoftwareAG just announced its acquisition of Apama from Progress Software, their platform for Complex Event Processing (CEP) and CEP-powered solutions.

    TIBCO and SoftwareAG are now squaring off in the ring for complex event processing, real-time analytics and now both sport capital market and trading engines for streaming data and low-latency messaging. Put it all together and...

  • 0 comments 224 reads
    Posted on 2013-06-11

    Stage Based Case Management


    One of the items from the keynote yesterday was the introduction to what Pega is referring to as Stage-Based Case Management. As part of the rewrite for Pega 7 it ushers in a new era of DCO (Direct Capture of Objectives), that piece of PRPC that’s aimed squarely at the business users.

    Apart from the massive UI changes which look a hell of a lot better than v6 (ie it’s like moving from iPhone iOS6 to iOS7), SBCM captures the ‘business vision’ for the process and works down from there. Whereas before in previous versions of Pega 6 you would capture goals, requirements, process, integration points etc in the Application Profile (something which looked akin to IBM’s Blueworks) and then ran...

  • 0 comments 244 reads
    Posted on 2013-06-11

    KC Wu Cisco Pegaworld


    It’s Day 2 of the PegaWorld conference and it kicked off with KC Wu from Cisco Systems stating that they are moving from being a networking company to an IT company, a massive transformation and shift. A bit like the Nexus of Forces by Gartner, Wu said that we are moving to a more virtual, social, mobile and visual society and all these culminate to completely change the physical business models we have today, and through all these changes Cisco research claims that by 2017 more traffic will traverse global networks than all prior internet years combined, 1.4 zettabytes to be precise.

    Cisco used Pega for a proof of concept to understand the technical capability and the art of the possible to...

  • 0 comments 514 reads
    Posted on 2013-06-11

    There have been numerous quotes about the fate of Fortune 500 companies and their disappearing lifespan. In fact, Peggy Noonan wrote an article on Forbes about it in 2011 stating:

    Fifty years ago, “milking the cash cow” could go on for many decades. What’s different today is that globalization and the shift in power in the marketplace from buyer to seller is dramatically shortening the life expectancy of firms that are merely milking their cash cows. Half a century ago, the life expectancy of a firm in the Fortune 500 was around 75 years. Now it’s less than 15 years and declining even further.

    But this raises an interesting set of questions, not about the life expectancy of a business but the half-life of customer loyalty.

    Why should a customer pledge allegiance to the corporate flag when it’s...

  • 0 comments 308 reads
    Posted on 2013-06-10

    PegaWorld 2013

    PegaWorld has kicked off and if you’re following the Twitter hashtag #PegaWorld you’ll already have seen a lot of buzz being generated from this morning’s keynotes. Whilst most of the tech world are either watching E3 or WWDC there are some of us still interested in that old timer called BPM so here we all are. Of course, the radio silence that has since descended is once again down to 2,000 thought leaders bringing down the hotel network at the same time with 2 or more devices, a pet gripe of every conference it seems.

    Alan Trefler took to the stage on Pega’s 30th anniversary year (Who knew ?! That makes them a legacy system now lol) and ushered in Pega 7 and a new partner solution called “Upgrade Factory” from Virtusa...

  • 0 comments 237 reads
    Posted on 2013-06-08

    As the NSA PRISM debacle continues to unfold and spreads across continents it’s probably good to stop and think about the technology and philosophy behind it all. Because this is big data and analytics in its most potent and controversial form and it’s certainly not the last time we’ll see this hit the headlines.

    The NSA built Accumulo, which is a database design based on Google Big Table. Written in Java, the NSA contributed Accumulo to the Apache Foundation and in 2012 it was promoted from incubation to a top level project. Right now the Agency is harvesting petabytes of data in Accumulo, a staggering amount that grows daily. But the cleverest part of all of this is in the analytics, Accumulo was built and extended the Big Table concept to analyze trillions of points in data in order to create intelligence that can detect the connections between those points and the strength of those connections....

  • 0 comments 200 reads
    Posted on 2013-06-04

    image


    “We are the best funded BPM startup on the market today” ~ a bold statement from Mac McConnell from Bonitasoft today as they unveiled their latest version, BonitaBPM 6, to an audience in central London. I’m a long time fan of the Bonitasoft story given their open source stance in a tough BPM market but its starting to pay off. With over 2 million downloads since 2001, 60,000 community members and 600+ customers they are starting stamp their authority. There was no context around revenues but this was primarily a product release event so let’s get to it.

    The product line has now been renamed as BonitaBPM with a new tagline of “be efficient” and this runs with the simulation capabilities that they’ve aligned with Lean and Six Sigma....

  • 0 comments 217 reads
    Posted on 2013-06-03

    processforumuk

    SoftwareAG held it’s Process Driven Forum today, dubbed as their “biggest annual event in the process management calendar“. Apart from the plethora of free “Dummies Guide” books on choice subjects like BPM and Process Driven Master Data Management we were treated presentations from EE, The UK Police and Vodafone.

    The keynote from Ivo the COO was fairly lacklustre so it took the compere Matt Jeffries and an appearance from Nick Leeson on his Barings demise to spice things up. The one track I was really interested in was the ‘Real Time Customer Experience Management’ breakout where Terracotta promised to show off some of its Big Data plumage but it turned into a fairly weak and standard ’Nexus of Forces’ run through...