Agility in Action: Leveraging Strategic Portfolio Management for Adaptive Planning

 


Quadrant Knowledge Solutions characterizes "Strategic Portfolio Management (SPM)" as an emerging technology aimed at harmonizing an organization's IT infrastructure with its business objectives. It facilitates digital transformation by employing a customer-centric approach to manage digital products, leveraging real-time data analysis for timely decision-making.

SPM utilizes predictive analytics algorithms to ensure alignment from strategy to execution, ensuring sustained success in digital transformation endeavors. It aids business leaders, enterprise portfolio management offices (EPMOs), and IT leaders in crafting critical technology strategies, offering a comprehensive perspective on distributed systems and portfolio tasks.

In response to market demands, vendors are integrating Strategic Portfolio Management (SPM) functionalities to dismantle departmental silos, prioritize real-time analytics for strategic decision-making, and adopt agile methodologies for efficient planning and execution. They are keenly attuned to three primary technology trends: the rapid digitalization across industries, agile work methodologies, and the importance of strategic alignment.

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This study aims to address the following key questions:

·       What is the current competitive landscape in the strategic portfolio management (SPM) market?

·       What is the market share held by major vendors in this space?

·       What are the primary competitive dynamics in the global and regional markets for strategic portfolio management (SPM)?

·       Who are the leading vendors in both global and regional markets?

·       Are there vendors specializing in specific industries?

·       How do different vendors compare in terms of offering cloud-based versus on-premise solutions?

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Vendors covered in this study:

Atlassian, Broadcom, Cora Systems, Digital.ai, EOS Software, Micro Focus, Planview, Planisware, Sciforma, ServiceNow, Shibumi, Smartsheet, Software AG, Sopheon, Uppwise, and UMT 360.

Additionally, vendors are advancing artificial intelligence (AI) and robotic process automation (RPA) within SPM solutions to automate operational and execution processes.

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