Skip to main content

BPEL and BPM Explained

"If you talk to many BPM practitioners, you will find that most assume that BPEL is, or will soon function as, the language of choice for BPM work. BPEL4WS was originally announced in August of 2003 by BEA, IBM, and Microsoft. Their announcement came just as the BPMI.org was about to release the first version of their own alternative BPM language specification, BPML, and the announcement effectively sidelined BPML. Soon after the initial announcement, the originators were joined by many others, including many of the folks that had been working on BPML, and the draft specification of BPEL4WS (now almost universally
know as BPEL) was submitted to OASIS for completion."

Popular posts from this blog

How Prediction Markets Outran The Rulebook

Prediction markets have stopped behaving like a betting curiosity and started behaving like market infrastructure. Executives who still file them under gambling are working from a stale map, and so are many of the regulators trying to govern them. A new Juniper Research market study gives prediction markets substantial attention, and its core message for decision-makers is that legitimacy, not demand, is now the binding constraint. Volume Has Outrun the Rulebook Juniper Research reports that combined monthly volume across Kalshi and Polymarket stood below $5 billion in September 2025 and reached roughly $24 billion by April 2026. Around the FIFA World Cup, a single month surpassed $50 billion, roughly matching the entire regulated U.S. sports betting handle for 2025. That is close to a tenfold climb in under a year, and it happened in full public view. Institutional Capital Has Taken a Position Intercontinental Exchange, parent of the New York Stock Exchange, committed $1 billion to Po...
Read more