Who is Fourier?
Fourier Approach is a privately owned company that focuses on industrial engineering , development, integration and support of information systems and infrastructure.
What We Do > Activity Monitoring
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Business Intelligence – Business Activity Monitoring
The Challenge
Nearly all companies face significant challenges within its internal processes to cope with rising costs, increased global and local competition and escalating customer demands. Successful companies are able to identify and correct its process weaknesses but also to highlight process strengths to maximize resources and increase productivity, and eventually, profitability.
Companies have many processes that cannot easily be measured and quantified and not all contribute directly to achieving the overall strategic objectives. It is imperative to identify the processes that have strategic significance in terms of closing gaps or processes that have strategic significance by providing a platform to highlight its strengths.
The Solution
Business Intelligence and Business Activity Monitoring
Business Activity Monitoring (BAM), using principles of Business Intelligence coupled with real-time application intergation, is ideal to monitor and provide timeous feedback on process performance. The information supplied is current and actionable, this means that the company still has sufficient time to act and correct or capitalise on the process performance .
Business Activity Monitoring requires careful analysis and planning to bridge the gap between application level integration and Business Intelligence in attempts to reduce the information float (the time between when new information is captured in one place and when it becomes available and usable elsewhere). In a prototypical BAM scenario, software agents evaluate events as they occur in the context of a set of rules to determine what actions to invoke. Processes are designed with a BAM in mind and process state data and real-time data are combined to ensure that the correct processes are monitored.
Fourier can provide the following services to enable your company to implement Business Activity Monitoring:
- Process Design and integration
- Identification and definition of Key Business Processes
- Definition, creation and implementing of alerts and escalation mechanisms
- Develop, design and implementation of Operational Supporting Data Store
Here are some of our products...
With industry maturing and developing new innovative solutions and approaches, efficiency and effectiveness across the entire supply chain is key to achieving a competitive edge. Best practises from other industries are adopted and applied to cash management that promise major cost savings and improvements.
Our Industrial Engineers ensure that processes are critically reviewed and re-engineered. The impact and value-added contribution of any proposed change to an activity or process is calculated, evaluated and predicted to ensure that to ensure that the best value is achieved and that companies make the right decisions the first time, every time.
Business Activity Monitoring (BAM), using principles of Business Intelligence coupled with real-time application intergation, is ideal to monitor and provide timeous feedback on process performance.