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Organizations must not only perform well: they must be able to identify how they perform, well or poorly - and why. Internal information isn't enough: companies need to look at and analyze information from business partners all along the Operational Intelligence. Operational business intelligence and performance management are processes that provide your company with the ability to retrieve and act upon business critical, timely information from throughout your Operational Intelligence. Today's companies need real time business intelligence software that captures processes and analyses information from all events and transactions, across functions, departments and organizations. This data must be integrated for feedback to operations systems. As businesses increasingly search for the best ways to maximize supply chain performance, important answers may lie in a unique model called Operational Intelligence. In the relentless search for ever improving returns on investment and market competitiveness, some of the world's biggest corporations are applying a model that is known as Operational Intelligence. The Operational Intelligence model is the industry de facto standard for providing Business Process Modelling data, metrics for evaluating Performance Management and Best Practices information derived from practitioners' experience. It is entirely vendor and technology independent and is the only real independent in-depth reference model for the complete for Operational Intelligence of all companies. When it comes to implementing an effective Application performance management, there is no right or wrong way to go about it. You would ideally need to start by looking at the area that has to most pressing need, is your sales force struggling to obtain up to date and accurate information or is your finance department fighting to produce useful and realistic forecasting and budgeting reports. If you can start with the department that is going to derive the most benefit from performance management, it's going to be easier to the roll it out to the rest of the business with very little resistance. Organizations that have poor Application performance management are often easy to identify, they will be less responsive than their competitors and they'll find it harder to source data. A lot of time will be wasted on discussing the validity of any data used and too much time and energy will be expended on collecting to data together in the first place which all means things like budgeting and forecasting will be inaccurate and often neglected. There are two main ways to look at justifying an Application performance management. The first would be effectiveness; the desired outcome of a performance management is to be able to make better operational and strategic decisions which should in turn boost your businesses revenue. This can be harder to measure in the short term so another way to justify your investment would be in terms of freeing up staff time. Through an effective Application performance management solution your staff would have quicker access to information and tools for running and producing reports.
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Application performance management, Operational Intelligence,
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