Business Performance Management (BPM)

Concept and definition

Business Performance Management (BPM)

What is Business Performance Management (BPM)?

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.

« Back to glossary

Do you want to get in touch?

CDRs contain data that a telecommunications company collects about phone calls, such as time and length of call. This data can be used in analytical applications.
Fill the form
Share:
How to increase a company's sales

All businesses usually plan for annual growth, although not all of them achieve it. Increasing the sales of a company in 2022 is [...]

Read More »
Best Artificial Intelligence Software

Artificial intelligence is increasingly present in companies and its growth is being applied in practically all sectors. When the end [...]

Read More »
Why predictive AI is key to a company's success

The integration of tools for predictive analytics is already commonplace in large companies, but thanks to the evolution and, above all, to the dem [...]

Read More »
5 examples of AI where it is applied in your daily life

We often wonder what examples of AI we can find in our environment, and the fact is that artificial intelligence is a concept that in English has [...]

Read More »
See more entries
© Gamco 2021, All Rights Reserved - Legal notice - Privacy - Cookies