TIBCO Software Inc., in Palo Alto, Calif., has released TIBCO ActiveMatrix BPM 3.0. This business process management tool is designed to help companies adjust to the rapid changes of today's business environment and innovate efficiently.
The idea behind the tool is that companies should be able to adjust their business processes as events happen in real time. The software includes the following features:
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- Case management
- Dynamic work delivery methods that can adjust based on new events
- A single, consolidated inbox for users who participate in more than one process
- A refreshed user interface
- Single sign-on support
Citibank Brazil recently implemented ActiveMatrix BPM and reduced its loan application cycle time by 70%, for example.
"In today's era of disruptive technologies, such as … the Internet of Things," said Matt Quinn, TIBCO CTO, "organizations must do more than just automate their existing business processes: they must digitalize them."