New & Notable


10 trends shaping the future of BPM in 2024

Business process management is evolving rapidly as advanced automation, software integration, process simulation and generative AI redefine the way business processes are managed.


Technology inflation rate edges up for storage, IT services

Price hikes persist for professional services and cloud, while an increase in storage costs could reflect a return toward more typical pricing levels after a period of decline.


EU AI Act brings tough rules and big fines to businesses

The EU AI Act, if passed into law, would prohibit certain AI applications and implement transparency requirements for generative artificial intelligence systems.


Federal procurement of AI tools hurt by White House rules

Obstacles facing Biden's executive order on AI and draft OMB guidance include lack of clarity around AI procurement and inability of Congress to take action on AI policy.

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    business process management software (BPMS)

    Business process management software (BPMS) helps companies design, model, execute, automate and improve a set of activities and tasks that, when completed, achieve an organizational goal.

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    business process automation (BPA)

    Business process automation (BPA) is the use of advanced technology to complete business processes with minimal human intervention.

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    E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.

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