Panorama Business Intelligence

There’s been a lot of consolidation in the BI market recently; however the one that has caught the attention of many is Tibco’s acquisition of Spotfire. What does this latest pairing signal to the market? Has the market finally raised the need for solutions that integrate BI, BPM and workflow?

It’s been over a year since Panorama announced its Proactive BI (PBI) strategy. PBI brings together BI, BPM and workflow into one integrated solution. Our approach from the beginning was to be agnostic to the different BPM solutions currently in the market; integrating with any BPM solution a customer might be using. We did however decide to provide, out of the box, integration with one workflow engine to ensure that our customers could immediately benefit from PBI.

Tibco’s acquisition has made other BPM vendors interested in similar kind of solution. Many of BPM and BI vendors believe that this is the direction the market is heading.

We’ve certainly come a long way.

Only a few short years ago, when Panorama began talking about PBI and the ability to make BI actionable with “one-click” analysis to action, everyone thought this would be too difficult to do and there wouldn’t be any need for it. Well the times are changing. More and more I hear from companies that the convergence of BI and BPM just makes sense. Think about human nature. We naturally analyze and assess a situation and then initiate an action. It’s no longer about decision support, it is about action enablement.

Whether or not other BPM companies will follow Tibco’s steps or BI companies will start adding process management and workflow capabilities to their solution stacks remains to be seen. One thing is for sure, BI and BPM as we know them today are just in their infancy, which opens the doors to new innovation and possibility.