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Software AG Survey: Business Process Excellence Will Drive The Economic Recovery
Published May 11, 2010
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Software AG announced that Business Process Excellence will help companies to return to economic growth. Based on a survey commissioned by Software AG in the UK, which quizzed over 100 IT directors, the company revealed that businesses are being hampered by poor quality processes that waste time and money.
According to 75 percent of IT decision makers that maintaining these sub-standard processes result in is too much administration, The findings suggest that businesses need to change in order to fight the recession and pull out of the economic slump. Over 82 per cent of survey respondents changed their business processes within the last year in order to cut costs and switch to a flexible infrastructure.
“The successful company of the future will develop new business models based on process excellence”, said Software AG Chief Product Officer, Dr. Peter Kuerpick. “The past years of recession has shown us that organizations need to be more adaptable. Poor quality processes slow down production, drain resources into unnecessary administration and force businesses into emergency process re-structuring in order to survive. Those companies that divert these resources in to driving efficiency and innovation will return to growth faster”, he added.
The Software AG survey, carried out in December 2009, showed that 65 per cent said that anything between a quarter and half of their processes could be usefully improved. 69 per cent of respondents said a need to improve existing products and remain competitive was a major business driver.
“It’s important to have visibility of what’s going on across the whole business in real-time and then adapt as appropriate”, continued Kuerpick. “Change doesn’t mean an overhaul of everything in one go, nor ripping and replacing existing software. It’s easier for businesses to model and design processes, build flexibility and efficiency on their existing infrastructure and at a dramatically reduce risk”.
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Posted by
VMD - [Virtual Marketing Department]
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