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BAM is a Gartner Dataquest term, which has been defined as the concept of providing real-time access to critical business performance indicators to improve the speed and effectiveness of business operations. At its broadest level, BAM is the convergence of operational BI and real-time application integration aimed at business goals but enabled through advances in IT.

BAM provides near real-time access to critical business-performance indicators to improve the speed and effectiveness of business operations. It is not IT monitoring.

BAM solutions focus on cross-business processes rather than divisional, departmental or technology-specific processes. The scope of integration in BAM solutions expands far beyond the four walls of a plant or a division, and real time is not necessarily nanoseconds but rather is determined by the requirements of the business process. It brings the near real-time world of the BI operational data store together business process monitoring (BPM) through integration brokers and the shared message bus.

Unisoft Infotech in association with Herald Logic introduces IntelliRADARTM - a completely role based closed loop monitoring frame work. The key capabilities are:

• End user definable complex alert generation and monitoring
• KPI s that can be modeled and monitored on an on-going basis with rich configurable drilldows to hot spots
• Processes and activities that can be triggered on events and exceptions for rapid issue resolution

The deployment methodology is based on an Incremental Value Approach, by which the framework is implemented to monitor identified processes and parameters in short iterative cycles to ensure rapid RoI and short pay back periods.