Business Activity Monitoring (BAM)

Business activity monitoring (BAM) refers to the technology that helps monitor an organization’s business activities that are implemented within computer systems. It is an enterprise solution that gives you real-time analysis and insight into the happenings within your business and developments with partners and clients. It is different from Business intelligence (BI) tools where performance metrics are regularly aggregated and analyzed. In today’s market, it is imperative to understand your company’s performance in real time to make decisions based on supplier and competitor performance and changes in demand. It helps higher management analyze critical risks and business opportunities in the moment and work on them efficiently to optimize productivity and profitability.