Examining Gartner’s 2019 Magic Quadrant for Intelligent Business Process Management Suites
Gartner Inc., the world’s largest research and advisory firm providing information technology related insight for IT and other business leaders, recently released their 2019 Magic Quadrant for Intelligent Business Process Management Suites (iBPMS).
Gartner defines an iBPMS as a type of high-productivity (low-code/no-code) application development platform. An iBPMS enables dynamic changes in operating models and procedures, documented as models (process flows, business rules, decision models, data models, etc.), directly driving the execution of business operations. In turn, business users make frequent (or ad hoc) process changes to their operations independently of IT-managed technical assets such as integration with external systems and security administration.
iBPMS use actionable, real-time insights from operations intelligence to augment the orchestration and automation of adaptive business processes. They help application leaders deliver better business results by improving and transforming business processes.
- Manage the reinvention of existing business processes and the creation of novel business processes in support of both digital optimization and digital transformation efforts
- Support top-down and bottom-up redesign of its business operations and processes
- Improve the business outcomes of all types of work, not just structured and repeatable business processes
According to Gartner, an iBPMS allows organizations to:
In this Magic Quadrant, Gartner evaluates the strengths and weaknesses of 21 iBPMS vendors that it considers most significant in the marketplace and provides readers with a graph (the Magic Quadrant) plotting the vendors based on their ability to execute and their completeness of vision. The graph is divided into four quadrants: niche players, challengers, visionaries, and leaders. At Solutions Review, we read the report, available here, and pulled out a few key takeaways.
According to Gartner, iBPMS plays an important role in facilitating the creation of a digital twin for your business operations. It seamlessly brings together several of the core components of a business operating system — most commonly the operating model of the business, enterprise performance management, operational intelligence, and business decisions.