History
- Business intelligence (BI) emerged more than 20 years ago and is critical for reporting what is happening within an organization’s systems. Yet current BI applications and data mining technologies are not always suited for evaluating the level of detail required to analyze unstructured data and the human dynamics of business processes.
- Six-Sigma and other quantitative approaches to business process improvement have been employed for over a decade with varying degrees of success. A major limitation to the success of these approaches is the availability of accurate data to form the basis of the analysis. With BPD, many six-sigma organizations are finding the ability to extend their analysis into major business processes effectively.
- Process mining (PM) emerged as a scientific discipline around 1990 when techniques like the Alpha algorithm made it possible to extract process models (typically represented as Petri nets) from event logs. Today, there are over 100 process mining algorithms that are able to discover process models that also include concurrency, e.g., genetic process discovery techniques, heuristic mining algorithms, region-based mining algorithms, and fuzzy mining algorithms. The field of process mining combines ideas, techniques, and methods from both the data mining field and the process modeling and process analysis fields.
Read more about this topic: Business Process Discovery
Famous quotes containing the word history:
“The history of all countries shows that the working class exclusively by its own effort is able to develop only trade-union consciousness.”
—Vladimir Ilyich Lenin (1870–1924)
“We are told that men protect us; that they are generous, even chivalric in their protection. Gentlemen, if your protectors were women, and they took all your property and your children, and paid you half as much for your work, though as well or better done than your own, would you think much of the chivalry which permitted you to sit in street-cars and picked up your pocket- handkerchief?”
—Mary B. Clay, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 3, by Susan B. Anthony and Ida Husted Harper (1902)
“It is the true office of history to represent the events themselves, together with the counsels, and to leave the observations and conclusions thereupon to the liberty and faculty of every man’s judgement.”
—Francis Bacon (1561–1626)