Business Performance Management (BPM) is a methodology used to measure and improve the financial, operational and strategic performance of a business. BPM uses business intelligence and data analytics technologies to collect and analyse information from various areas of the business, including finance, sales, marketing, human resources and operations.
BPM focuses on defining objectives and aligning the company's strategy with its performance management. The methodology is divided into several processes, including defining objectives and strategies, collecting and analysing data, monitoring and evaluating performance, and implementing measures to improve performance.
Artificial intelligence and machine learning are becoming increasingly important tools in BPM, as they make it possible to analyse large amounts of data and generate valuable insights for business decision making. Artificial intelligence models can also help identify patterns and trends in data, which can be useful for detecting performance issues and opportunities for improvement.
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