Business Performance Management History

Business performance management is the managing or presentation of the business activities with the analysis and querying the business data. Business performance management is evolved since the business practices are in existence. Business performance management is concerned with 3 basic activities:

• Collection of data
• Generation meaningful information from the existing data patterns
• Responding to the resultant information.

Business data in the earlier age was collected from non-automated sources and its analysis was not accurate. But, today increasing standards and technology has made data easily available and better analysis. As a result the concept of business performance management has rapidly developed.

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