Database Reference
In-Depth Information
Chapter 11. The
Future
of
Process
Modeling
In today's competitive world, businesses cannot survive without
Information Techno-
logy
(
IT
) systems. Some of the most successful businesses have reliable and easy-
to-use computer systems to run their core business. IT systems play a key role in their
success in business operations and innovation. Therefore, IT systems should be cap-
able of supporting business to accommodate the changes in the business processes
and models.
Organizations are continuously seeking new opportunities to differentiate themselves
from others offering similar services and products. This demands that the system
implementation should be capable to adapt to the changing nature of the business
or marketplace economically. In other words, organizations require agility and an in-
crease in the performance of the IT systems to address the emerging competition.
Process modeling with the following qualities can help us achieve this goal:
• Easy to reflect complete business process in a model
• Easy to change with the ever-changing requirements
• Understandable to the relevant stake holders of modeling process
Commercial off-the-shelf (COTS)
In the evolution of the software industry, people are looking for ways to create
software systems without writing any code. Reusing the existing code is one of
the strategies to reduce the complexity. In future, there may be many more COTS
products available for all the business needs. Currently the COTS products are avail-
able for the areas such as payment processing, payroll processing, account manage-
ment, tax calculations, employee management, education platforms, knowledge man-
agement, travel management, and employee performance management. Companies
do not create systems for doing these business functions. They just utilize the appro-
priate COTS products.
Companies purchase COTS products for conducting certain business processes that
are common in the industry. Companies select the COTS product that fits their busi-
ness needs; however, they may not always find a COTS product that fits in the ex-
