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Basel-II NewsBPM Partners and OLAP Report Form Alliance to Deliver Objective Research on Business Performance Management (BPM) and Business Intelligence (BI) Markets(May 02, 2007)-- BPM Partners, an independent authority on business performance management (BPM) solutions, and the Business Application Research Center (BARC), publishers of The OLAP Report, an independent research resource for organizations buying and implementing on-line analytical processing (OLAP) applications, announced a partnership that allies the two leading vendor independent performance management and business intelligence consultancies. As a result of the agreement, BPM Partners will distribute The OLAP Report research in North America, and the two firms will co-develop future research. "Our alliance represents a partnership of two different perspectives for considering BPM solutions," said Craig Schiff, CEO, BPM Partners. "We are applying BPM Partners' historic strength in analyzing the business process and end-user side of BPM solutions with the OLAP Report's strong technical reporting on BPM tools and applications. Ultimately, our combined research will be a single source for the detailed evaluation of performance management offerings." This announcement points to a growing trend within the industry: the emergence of a more integrated approach to BPM by combining best-of-breed BPM applications (such as budgeting, financial consolidations, operational analytics) and business intelligence tools. It also illustrates the increasingly global nature of BPM and BI tools. The OLAP Report is an internationally respected, authoritative source of information on OLAP products, applications, suppliers and trends, as well as practical advice on selecting software and implementing applications. The OLAP Report features detailed reviews of over 25 products. BPM - a growing software category with more than 100 vendors - is a combination of business processes, select measures (metrics, key performance indicators) and systems that enable an organization to understand, act on and influence its business performance. Budgeting, planning, consolidation, scorecards, dashboards, business intelligence (BI) and analytic applications all fall under the BPM umbrella. In addition, regulatory issues such as Sarbanes-Oxley, Basel II, and IFRS compliance are often business drivers for today's BPM applications.
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