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Gartner Survey Shows More Than Half of Respondents Plan to Increase Spending on BPM by More Than 5 Percent in Next 12 Months

Tuesday, August 4, 2009

Most business process management (BPM) practitioners expect their organizations to increase their spending on BPM by at least 5 percent over the next 12 months, according to recent surveys by Gartner, Inc. Despite economic turbulence, more than half of those surveyed plan to increase their spending on BPM efforts by more than 5 percent, and over a third of respondents plan to increase BPM spending by more than 10 percent.

The findings are based on surveys conducted at two Gartner BPM conferences. In February 2009, more than 300 business and IT professionals from 34 countries attended the fourth annual Gartner BPM Summit in London. In March 2009, 500 business and IT professionals attended the seventh annual Gartner BPM Summit in San Diego.

"Most of the BPM practitioners we surveyed were somewhat optimistic about their companies' growth prospects in fiscal year 2009," said Michele Cantara, research vice president at Gartner. "Only 23 percent anticipated any degree of revenue decline, while 42 percent anticipated some growth, suggesting that BPM helps companies thrive and isn't just a survival tactic."

Article sourced from www.gartner.com, click here to read full story.

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