Business Correlation Methodology™

At the very core of Gravitant’s BusinessMatrix™ solution is the Business Correlation Methodology™ (BCM), which is an intelligent approach to managing IT. The methodology recognizes the Enterprise Business Model (EBM) as the fundamental management building block of a business. The EBM is a blueprint of the organization’s internal and external people, processes, and technologies. The EBM provides a framework for converting strategy and goals, operations data, business metrics, and capabilities into intelligent IT service abstractions. With BCM, executives are in control of their IT resources and can guarantee business results. They can plan and test business model reconfigurations prior to taking action. They can monitor and analyze organizational results during execution. And they can govern the new state of internal units and external partners.

Business Correlation Methodology™ is:

• A micro and macro closed-loop system to optimize current operations and manage change and risk
• A common business language that represents the business model and capabilities
• An integrated analytics platform to analyze variations in business and performance models
• Predictive analysis and business simulation to determine transformation costs

Advantages

• Enables consistent, ongoing alignment to given goals across the enterprise
• Provides real-time visibility into an organization’s progress against its goals and demand at every step
• Delivers timely, effective action plans to keep cost and performance targets on track
• Establishes new processes that will accelerate management cycles to reach business goals
• Ensures that complex business relationships are performing to expectations
• Enables risk management to achieve timely and expected business results

Deployment

Surrounding the Enterprise Business Model are the steps that can be adopted by users at any phase of enterprise program and portfolio management. Each step is integrated with each other such that there is a constant flow of information between them. Users can traverse any path around the methodology, but the path is typically determined by Predictive IT Management results and the subsequent actions needed to achieve the business goals.

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