27 Jul Composable business solutions
In an environment where businesses must undergo constant change to remain competitive, or to stay ahead of the game, organizations need to be able to adapt dynamically while still making innovations that can rapidly be adopted. This is where composable business solutions play an important role.
What are composable business solutions?
On a less technical level, it would be a matter of composing complete solutions, based on different technological elements, which would connect with each other, and provide applications to solve our problems from start to finish.
An example of composable solutions is intelligent automation. In this case, BPM is usually used in combination with AI and RPA to solve different problems in a company. In cases such as Balfegó, that has achieved a 77% decrease in human errors; Toyota, that guarantees regulatory compliance by 98%; ElPozo, that has improved internal communication by 97%; Empresas Públicas de Medellín, that has reduced national travel management by 80%; ChevyPlan, that has reduced errors in the generation of documentation by 85%; and many others; the solutions provided always include a combination of different technologies such as ERP, RPA, BPM, LCAP and others.
Why are composable business solutions important?
As we mentioned in a previous article, “it is not the strongest, or the smartest, who survive, but those who know how to adapt to change.” To be able to do this, organizations must be able to adopt an IT architecture that allows them to generate applications quickly. In order to create these applications, it is necessary to have a good understanding of the re-usable elements of their current solutions, and the new elements that need to be incorporated.
Companies are looking for solutions for specific problems, and the search for these solutions must include the elements that are already available in the company, as well as the acquisition of other technological elements that provide other solutions. This is the logic that defines composable solutions.