WfMC-Founded “Process Simulation and Optimization Working Group” to Hone BPM Expertise and Create a Common Industry Standard
Boston, Mass USA, September 22, 2011: The Workflow Management Coalition (WfMC) today announced the formation of a Process Simulation and Optimization Working Group, established to create a new Process Simulation and Optimization Standard.
As organizations face increasing levels of pressure to deliver more efficient, effective operations, process simulation and analysis is being recognized as an integral part of optimizing performance. The WfMC working group will align all key stakeholder organizations operating within the field of process simulation and Optimization . This working group will be chaired by Denis Gagné, principal of www.BusinessProcessIncubator.comand the BPM consultancy Trisotech, who will be joined by leading contributors including Lanner, Process Analytica, sim4bpm, Fujitsu, TIBCO Software and many others to follow.
Denis Gagné, principal at Business Process Incubator, comments:
“We have seen a lot of interest in the market for such standardization and we now feel we can build on the maturity of process modeling using XPDL and BPMN to move forward in the endeavor. Our initial mandate embraces process simulation and optimization using both static and dynamic approaches. We are seeking to gather all interested parties to participate and contribute to this new and timely effort as Business Process Management (BPM) gains in wider adoption.”
Keith Swenson, WfMC Chair, comments:
"The true value of BPM comes not from the scripting of server to server data exchanges, but from the understanding that leaders gain about their organizational through implementation of a business process improvement cycle. Simulation and optimization is an important part of this. It is good to see this focus at this time, building on the success of XPDL and BPMN, and helping to fill in the remaining pieces of the business process ecosystem."
David Jones, CEO of Lanner, comments:
“Fuelled by the need to strip costs, boost performance and reduce risk, process simulation has become synonymous with deriving maximum value from BPM initiatives. This group will build upon the early work undertaken by Trisotech and Lanner, which is focused on implementing BPMN 2.0, and developing a process analysis framework as an extension to provide data for simulation scenarios and results. We look forward to working with our peers to create a standard which will help organizations to take advantage of the best simulation tools and practices, in the most straightforward and cost effective means possible.”
Nathaniel Palmer of the WfMC comments:
"Since its founding nearly two decades ago, the work of the WfMC has delivered essential links between business and process. This most recent and exciting continuation of that legacy offers an essential leverage point for enabling true business optimization, by bridging a critical gap long recognized in the BPM/BPA market space."
Founded in 1993, the Workflow Management Coalition (WfMC) is a global organization of adopters, developers, consultants, analysts, as well as university and research groups engaged in workflow and BPM. The WfMC creates and contributes to process related standards, educates the market on related issues, and is the only standards organization that concentrates purely on process. The WfMC created Wf-XML and XPDL, the leading process definition language used today in over 80 known solutions to store and exchange process models. XPDL is a process design format for storing the visual diagram and process syntax of business process models, as well as extended product attributes.