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The incorporation of AI and ML into businessprocessmanagement (BPM) is changing the character of business in a completely different manner. Businesses are able to improve productivity and efficiency, as well as make better planning and operational decisions. billion in 2022 and is projected to grow by $190.5
The processes that describe how the business currently works are called the as-is or current-state processes. Those that describe the envisioned future state of how the business will operate are called the to-be processes. What about the ProcessAnalysis Space? Businessprocess acronyms galore.
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