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Business

BUSINESS PROCESSES

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BUSINESS PROCESSES

BaaS is indeed recognized as the business system as a platform that is perceived to be a form of procurement of business operations that would have cloud services system models that would help mitigate labor costs. It helps to build transparency and minimize the expense of the process. As project management as a service, the attackers will be able to have access to the database that will be stored in the cloud, where the attack could occur to the devices from any place or computer by unauthorized people. Because there is insufficient data monitoring and auditing, thus, tracking should have access to personal information for identifying and then preventing fraudulent activity for any investigative that is much more complicated for a third-party SaaS program (Viriyasitavat, 2019). There is very little security protection, and there is also growing flow on the periphery of the network every day that passes. Business process management is an approach that seeks to make the operation of an organization more productive, effective, and adaptable to new technologies.

This type of workflow helps enterprises to be more agile and minimize their expenses. Conventional Business Process Management Systems (BPMS) automate business procedures and keep a record of the operation of these systems. The BPMS guides the execution line by line of the economic cycle. The process instance is tracked by the BPMS, which provides users with insights into the success of each process, which shows whether it has been completed successfully or has crashed. In the event of a crash, the BPMS indicates that there were problems with the operation (Ma, 2019). Through tracking, assessing, and recognizing where network topologies fail, businesses can behave proactively and to automate their processes. It would eventually lead to reduced costs and higher customer loyalty. The Business Process as a Service (BaaS) is any company process provided as a service by cloud services.  With BaaS, one or more business requirements are submitted to and tracked by a cloud provider. Like every other cloud system, BaaS gives businesses the ability to use cloud computing in a pay-per-use order rather than investing in infrastructure and support.

These are some of the benefits of shifting business process control to the cloud:

  • Lower costs of not purchasing and managing databases to handle and organize business processes.
  • Earn-as-you-go payment model
  • Enhanced versatility by viewing the product from every regional point of view. This allows companies to grow and develop even faster.
  • Scalability by allowing companies to implement new systems without high infrastructure costs.

The year before, Gartner published its Cloud Management Process Services / Process management forecast as a distribution area. It forecasts that BaaS will rise from $84.1B in 2012 to $144.7B in 2016, producing a global compound rate of increase of 15%. Of the eight Gartner sub-segments (Gelinas 2019), Cloud Transactions (17.8%) Cloud Ads (17.1%) and Operations (15.1%) are projected to have the highest cumulative average growth rate (CAGR) in the income generated by 2016.

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