Good article from Connie Moore of Forrester yesterday, on assessing the BPM market the day after the Savvion news broke.
As she points out, these deals are important because of:
- Convergence of BPM types
- Clear signs of expanded interest in BPM by big players
- Closer integration of several business technologies (BPMS, BAI, etc.)
- Better BPMS from IBM
- More acquisitions and consolidation to come
Connie goes on to give her impressions of Pega, Appian, and other pure plays and innovators.
Like Connie, I think there's still a lot of room for innovation in the market as the creative-destructive capitalistic processes continue.? She also took time to point out that many of the acquirers do not understand that there is more to BPM than software- there is a methodology and discipline of continuous improvement that most software vendors simply don't have, and don't appreciate (at least, as it pertains to their customer engagements - they may very well practice continuous improvement inside their own organization). I think this acquisition activity is going to put further demands on service companies to bridge the gap.