Chicago – When Armonk, N.Y.-based
IBM has had its eye on BPM—the systems that drive business rules—for some time. The company acquired FileNet in 2006, and earlier this year acquired AptSoft (a privately held company).
IBM’s plan is to build ILOG’s technology into its own WebSphere product, and has noted ILOG’s propensity to apply "business rules" to corporate computer systems as the reason. With the ILOG acquisition comes more than 3,000 customers, many of which are insurers.
IBM is growing its BPM offering by design. With its ability to plan, monitor and analyze a variety of business processes that may be underperforming or inadequate, BPM is already being touted as one of the key technologies in our current economic climate. IDC reports that the BPM market is growing 44% each year, and could grow to a $5.5-billion market by 2011.
The hot BPM market has seen its share of M&A activities.
Source: ILOG, IBM, The Street