White paper will focus on benefits of adopting Business Ecology

NEEDHAM, Mass., Nov. 23 /PRNewswire-USNewswire/ -- Members of OMG's(TM) Business Ecology(TM) Initiative (BEI) and The Standish Group will be collaborating on the creation of an industry white paper on the benefits of adopting the principles of Business Ecology. The white paper is scheduled to be complete in the first quarter of 2010 and will be published on both the BEI and Standish Group websites. The two organizations will also host a webcast to discuss and present the final results. Organizations interested in participating in the BEI, or for more information, should visit www.business-ecology.org.

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Business Ecology is focused on bringing together best practices in process management towards an optimized, efficient and sustainable business. Both The Standish Group and BEI focus on helping companies' business and Information Technology (IT) organizations collaborate. Business Ecology is a means to help IT become a ubiquitous, integral and vital asset to the company and lead decision-making, structural change and enterprise-wide quality initiatives, drive efficiency and revenue, and provides measurable, clear return on investment.

Taking a business process focus, the combined white paper will show the benefits companies may achieve through a Business Ecology approach, which combines service oriented architecture (SOA), business process management (BPM), sustainability, standards and more. Standish Group research shows that twenty-six percent of all business processes are redundant. The payoff and return on investment for eliminating duplicate and unnecessary functions is very compelling. This is just one example of how a focus on business processes can provide great benefit to corporations.

"We are very excited that The Standish Group has agreed to provide a research backbone for our Business Ecology white paper. Together with our members' experiences, this combination will provide us with some great insight on how useful a focus on business processes can be in terms of ROI and efficiency," says Karen Larkowski, Executive Director of the Business Ecology Initiative.

"The 'Trends in Business Ecology' study will identify the top benefits along with their elements to provide a holistic view of this emerging movement," said Jim Johnson, Chairman, The Standish Group. "Each element will identify a specific action to be addressed and its benefits when considering implementation of business ecology initiative."

For more information on BEI membership and sponsorship opportunities, please contact Ken Berk, OMG vice president business development at ken.berk@omg.org or +1-781-444 0404.

About The Standish Group International, Inc.

Since 1985 The Standish Group, the leader in spotting future trends, has been helping end users and vendors of technology solutions prepare for the future. The Standish Group delivers fast, consistent, and reliable IT advice built on a solid foundation of primary research. For further information call 508-760-3600 or visit the web site at: www.standishgroup.com.

About OMG

OMG is an international, open membership, not-for-profit computer industry consortium that in 2009 is celebrating its 20th Anniversary. OMG Task Forces develop enterprise integration standards for a wide range of technologies, including: Real-time, Embedded and Specialized Systems, Analysis & Design, Architecture-Driven Modernization and Middleware and an even wider range of industries, including: Business Modeling and Integration, C4I, Finance, Government, Green Computing, Healthcare, Insurance, Legal Compliance, Life Sciences Research, Manufacturing Technology, Robotics, Software-Based Communications and Space.

OMG's modeling standards, including the Unified Modeling Language(TM) (UML(R)) and Model Driven Architecture(R) (MDA(R)), enable powerful visual design, execution and maintenance of software and other processes, including IT Systems Modeling and Business Process Management. OMG's middleware standards and profiles are based on the Common Object Request Broker Architecture (CORBA(R)) and support a wide variety of industries.

More information about OMG can be found at www.omg.org. OMG is headquartered in Needham, MA, USA.

Note to editors: MDA, Model Driven Architecture, OMG Logo, XMI, UML, UML logo and CORBA are registered trademarks, and OMG, Object Management Group, Business Ecology, Actionable Architecture, SOA Consortium, SysML, SoaML, MOF, MDA Logos, BPMN, IMM, MDMI, OCRES, OCUP, OCEB, Green Computing Maturity Model, GCMM, "We Set the Standard" tagline and Unified Modeling Language are trademarks of Object Management Group. All other trademarks are the property of their respective owners.

SOURCE OMG (Object Management Group)