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business activity monitoring (BAM)

With Business ActivityMonitoring (BAM), companies can gain an overview of business-relevant processes and workflows. Business Activity Monitoring is a synthesis of Enterprise Application Integration (EAI) and Business Intelligence

(BI). Business Activity Monitoring can display operational and business transactions in real time

, enabling entrepreneurs and managers to form a direct overview of business processes. Thecore functions of Business Activity Monitoring include event management

(EM) and alerting. Business Activity Monitoring is used in business process management (BPM) and is used in security management for monitoring credit card transactions and preventing fraud attempts, as well as for forecasting exchange rates and stock prices, oil prices and other volatile trading values.

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Englisch: business activity monitoring - BAM
Updated at: 29.07.2020
#Words: 99
Translations: DE