Cisco CloudCenter: Get the Hybrid IT Advantage

Enterprise Performance Management (EPM)

Definition - What does Enterprise Performance Management (EPM) mean?

Enterprise Performance Management (EPM) is a type of business planning that relates to business intelligence (BI), which involves evaluating and managing performance for an enterprise to reach performance goals, enhance efficiency or maximize business processes.

EPM is also known as Corporate Performance Management (CPM) or Business Performance Management (BPM). However, some experts consider EPM a BPM subset.

Techopedia explains Enterprise Performance Management (EPM)

EPM also relates to Enterprise Resource Planning (ERP), which involves reviewing available enterprise resources and determining how those resources are used to reach certain business goals. The business goals associated with ERP processes and EPM are often similar. For example, the use of staffing teams, new technologies or other existing resources may improve performance in a given set of business processes.

Those planning for EPM typically review performance metrics related to value and cost. For example, EPM may involve evaluating overhead costs and how those costs relate to performance goals. Those involved in an EPM process also may review return on investment (ROI). All of this information is used to determine how to optimize performance and create more profit or value for the enterprise.

Share this:

Connect with us

Email Newsletter

Join thousands of others with our weekly newsletter

The 4th Era of IT Infrastructure: Superconverged Systems
The 4th Era of IT Infrastructure: Superconverged Systems:
Learn the benefits and limitations of the 3 generations of IT infrastructure – siloed, converged and hyperconverged – and discover how the 4th...
Approaches and Benefits of Network Virtualization
Approaches and Benefits of Network Virtualization:
Businesses today aspire to achieve a software-defined datacenter (SDDC) to enhance business agility and reduce operational complexity. However, the...
Free E-Book: Public Cloud Guide
Free E-Book: Public Cloud Guide:
This white paper is for leaders of Operations, Engineering, or Infrastructure teams who are creating or executing an IT roadmap.
Free Tool: Virtual Health Monitor
Free Tool: Virtual Health Monitor:
Virtual Health Monitor is a free virtualization monitoring and reporting tool for VMware, Hyper-V, RHEV, and XenServer environments.
Free 30 Day Trial – Turbonomic
Free 30 Day Trial – Turbonomic:
Turbonomic delivers an autonomic platform where virtual and cloud environments self-manage in real-time to assure application performance.