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Business of Information Technology >
Business Processes >
Business Intelligence >
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Business Activity Monitoring
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ALSO CALLED:
BAM
DEFINITION: Business activity monitoring (BAM), also called business activity management, is the use of technology to proactively define and analyze critical opportunities and risks in an enterprise to maximize profitability and optimize efficiency. The BAM paradigm can be used to evaluate external as well as internal factors.Three main steps compose effective implementation of BAM. First, relevant data is gathered
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Definition continues below.
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Business Activity Monitoring IT Downloads
(View All Report Types)
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5 Matches
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Stratatel, See how a retail/distribution company can monitor and measure performance with easy-to-use dashboards.
sponsored by IBM
PRODUCT DEMO:
See how a retail/distribution company can monitor and measure performance with easy-to-use dashboards.
Posted: 31 Oct 2011 | Premiered: 31 Oct 2011
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DataClarity, See how a dashboard framework with pre-built content can streamline development and deployment of performance dashboards
sponsored by IBM
PRODUCT DEMO:
See how a dashboard framework with pre-built content can streamline development and deployment of performance dashboards.
Posted: 31 Oct 2011 | Premiered: 31 Oct 2011
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Breakaway Technologies, See how a consumer electronics retailer makes quick decisions about its optimal inventory levels using profitability analysis.
sponsored by IBM
PRODUCT DEMO:
See how a consumer electronics retailer makes quick decisions about its optimal inventory levels using profitability analysis.
Posted: 31 Oct 2011 | Premiered: 31 Oct 2011
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Bistech, See how a construction company can gain greater visibility into it's work-in-progress and projected pipeline data and forecast its revenues, labor needs, and cash flow more accurately.
sponsored by IBM
PRODUCT DEMO:
See how a construction company can gain greater visibility into its project pipeline and work-in-progress to more accurately forecast revenues, predicts labor needs and manage cash flow.
Posted: 31 Oct 2011 | Premiered: 31 Oct 2011
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Attain Insight, See how a governmental agency can improve its fisheries resource management with interactive, map-based dashboards, reports and analysis.
sponsored by IBM
PRODUCT DEMO:
See how a governmental agency can improve its fisheries resource management with interactive, map-based dashboards, reports and analysis.
Posted: 31 Oct 2011 | Premiered: 31 Oct 2011
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BUSINESS ACTIVITY MONITORING DEFINITION (continued): … in an efficient and timely manner and in sufficient quantities to provide meaningful results. Second, the data is processed to identify and categorize factors relevant to specific concerns. Finally, the data is analyzed and the results displayed in a clear, user-friendly interface so personnel can take appropriate actions.An example of the use of BAM in risk management is the monitoring of credit card transactions to prevent fraud. If a large cash advance is charged to a credit card uncharacteristic of the normal behavior of the credit card holder, a bank security officer can call that person … Business Activity Monitoring definition sponsored by SearchCIO-Midmarket.com, powered by WhatIs.com an online computer dictionary
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