AppWright, BPM & The Global Economy

Technology has allowed for significant gains in business productivity over the last few decades. Today BPM software is leading a new surge in productivity as business process and communications are fine-tuned to improve business efficiency.

We live in an exciting time. Billions of people around the world are enjoying a relative increase in standards of living. On each continent incrementally improving freedom is allowing business formation. These new businesses can be small sewing shops in sub-Saharan Africa, or Biadu the Chinese search engine that is competing with Google. As these business find their way forward, their relative prosperity raises the purchasing power of their shareholders, employees and suppliers. This growing purchasing power helps build an expanding web of consumer markets. The companies that serve these markets grow and prosper as well as the suppliers to the consumer companies. It is a good thing to have people improving their circumstances due to globalization.

The expansion of markets and opportunity that is a function of globalization also creates an interesting side effect. Companies with radically different cost structures find themselves in competition for business. Our recent history has demonstrated that more established companies with higher cost structures were safe due to competency. Lately the companies from the less developed world are demonstrating that they can bring world class products to market. They do this with lower structural costs. These great products with lower prices have help raise the living standard of the developed world. Vizio has help the middle class enjoy flat screen HDTVs for very low prices relative to the pre Vizio market HDTV prices.

So we find ourselves in an interesting world. We have billions of people with rising living standards and we have the most competitive business climate the world has ever seen. Even very well run companies can reduce costs by managing processes more effectively. When added to the costs that can be saved when communication oversights and errors are minimized a business will be more profitable.

At AppWright we believe that companies must avail themselves of the productivity enhancements available in a properly installed suite of BPM applications. The enhancements available through process management and communications fortify businesses for the competitive battles ahead.

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