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Daptiv Reveals Top-5 Predictions for Project Portfolio Management in 2013
SEATTLE, WA, Dec 05, 2012 (MARKETWIRE via COMTEX) --
Daptiv, the on-demand leader in project portfolio management
software, today announced its top predictions for Project Portfolio
Management (PPM) for 2013 and beyond, as PPM gains wider visibility
and recognition in organizations around the world. Daptiv's top
predictions focus on continued adoption of SaaS PPM, greater
applicability for PPM across the business, the ripple effect of
mobile on PPM, and CFOs spearheading the creation of PMOs influenced
by the need for ROI accountability.
Daptiv's top five predictions include:
1. PPM will Continue to be the Fastest Growing Category of SaaS
According to the Dataquest research report, "Competitive Landscape:
SaaS Project and Portfolio Management Software, Worldwide," PPM is
the fastest growing category of SaaS enterprise software, increasing
at a 41% CAGR for the 5-year period of 2009-2014. In 2013, even more
organizations will embrace SaaS-based solutions to manage or
transform their portfolios. In the PPM world, the benefits of this
approach versus traditional on-premise software products include:
Rapid deployment, team collaboration, reduced risk of failure,
tighter vendor/customer relationships, and reduced cost of
implementation and support.
2. PPM will Cross the Chasm From IT-Driven to Business-Driven
Organizations have come to realize that much of their growth and
future sustainability comes through projects. Projects are vehicles
of change, and the best way to improve the management of them is
through PPM tools. PMO's are getting more strategic about where PPM
principles can add value, and they are finding green field
opportunities for PPM in places that didn't previously exist. In
2013, we will see an increased emphasis to "projectize" work in
different business functions, such as line-of-business divisions,
sales, marketing, and human resources. As such, more organizations
will begin taking into consideration the business intelligence
generated through PPM systems to refine their overall business
strategies.
3. Putting IT back in control of the BYOD explosion: PPM goes Mobile
Smartphones and tablets are poised for dramatic growth, especially
with the arrival of new devices from Apple, Google and Microsoft.
According to a Forrester report, 66% of employees now use two or more
devices every day, including desktops, laptops, smartphones and
tablets. As the mobile market continues to grow and with the
increasing BYOD trend, enterprises/project managers will look at IT
and the PMO to help implement new applications to ensure secure
access across dozens of disparate platforms and handsets/tablets
being used by the company across multiple regions.
4. CFOs Give Green Light to PMOs
According to PM Solutions research,
65.8% of high performing organizations have enterprise PMOs. As
companies begin to quantify the financial benefits of having a PMO,
CFOs will be the ones leading the charge for the implementation of
PPM solutions in the year 2013. This in turn will have a positive
impact on creating an effective portfolio management operation, and
it will be viewed as a way to bridge strategy, operations, and
finance. Portfolio management will stimulate the interest and
attention of the CFO, as PPM services become a proven method of
improving system quality, and project and service delivery levels
across the organization.
5. Economic Uncertainty Drives Need for ROI Accountability
Given the
continued uncertainty of the economy, cost management and efficiency
will continue to top the list of priorities for most CEOs. In this
environment, companies will remain cautious, and we will find
companies leaning more heavily on PPM as a way to measure the ROI of
their investments. In 2013, PPM will be recognized as a crucial
change agent that will help companies' transition out of
recession-area thinking, towards driving innovation and business
transformation initiatives at companies both large and small.
About Daptiv
Founded in 1997, Daptiv is the leading provider of
on-demand Project Portfolio Management (PPM) solutions. Daptiv has
helped thousands of companies improve their strategic planning and
business execution by offering adaptable PPM solutions and expert
professional services. Daptiv's customers include world-class
organizations such as Beam Global, Chase, Coach, Harvard University,
Honeywell, InterContinental Hotels Group, and Virgin Australia.
Contact:
Shefali Sain
Barokas Public Relations
206.256.9631
Email Contact
SOURCE: Daptiv
http://www2.marketwire.com/mw/emailprcntct id=D15783DCC4E97AFF
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