FileNet Corporation (NASDAQ:FILE) introduced its new FileNet Business Activity Monitoring (BAM) solution, which provides real-time event management and visibility of business performance data to enhance operational responsiveness and decision making. Based on FileNet’s P8 Enterprise platform, BAM runs in conjunction with FileNet’s BPM capabilities. Business managers can receive alerts via customizable dashboards, and if need be, can automatically initiate actions or workflows based on those alerts. Business managers can also analyze data and correlate it with business processes, as well as data from other enterprise applications. FileNet BAM’s architecture, FileNet P8, features a streaming database capability to help eliminate data latency. FileNet BAM is currently scheduled to begin shipping in December 2005, and is available now. Pricing starts at $115,000, which includes an application server and a 10-user license.