What are the key components or results related to BSM?
Three of the most important components and results of a BSM solution are listed below.Automation: Enabled via rules and policies written by the IT organization, the automation of repetitive processes both decreases the use of valuable man hours and speeds up the completion of those processes. As an example, consider manufacturing/supply chain processes: done manually, inventory tracking is an uneventful task often prone to error. However, once automated, inventory tracking is both quicker and more accurate, a fact that can cut costs and deliver greater business value. Communication Centralization: By providing a common point of communication for IT and Business, BSM helps eliminate confusion and the resulting loss of resources that can occur when IT is not optimized with business goals. BSM also centralizes the business decision making process, thereby ensuring consistency across the entire organization. Optimization of business processes: As part of creating a BSM solution, companies
