TECH BUYER Dec 2019 - IDC MarketScape - Doc # US44483419

IDC MarketScape: Worldwide Cloud Project and Portfolio Management 2019–2020 Vendor Assessment — Agile Deployment Enables DX Management

By: Melinda-Carol BallouResearch Director, Agile ALM, Quality & Portfolio Strategies

Abstract

This IDC study uses the IDC MarketScape vendor assessment model to evaluate the cloud project and portfolio management (PPM) vendor landscape. This research enables analysis of quantitative and qualitative characteristics to provide metrics and context for users evaluating solutions in this area and also to help analyze a vendor's current comparative success in the marketplace and to anticipate vendor evolution. Main user focus areas for this market include a cloud PPM assessment (with functionality in the cloud, multitenant architecture, usability, percentage of revenue in the cloud, PPM services support, hybrid private/public/hosted/on-premises, and support for multimodal deployment). Also included are in-depth vendor profiles for the 16 vendors assessed.

"IDC has seen a maturing adoption of cloud PPM resulting from a prior, dramatic increase in adoption of cloud PPM and PPM SaaS approaches to take advantage of benefits such as quick access to PPM automation to better manage a fast PPM on-ramp, complex sourcing, and dynamically changing initiatives," said Melinda Ballou, research director for IDC's Agile Application Life-Cycle Management, Quality and Portfolio Strategies service. "Cloud PPM can help enable agile approaches to PPM, cutting costs and delays associated with on-premises deployment to enable project and program execution and business responsiveness. With the inclusion of work management providers along with intuitive cloud providers, IDC expanded the range of analysis for cloud PPM for 'modernizing' work, project, and resource management. It is in part due to these trends that IDC has chosen to prioritize this area as one of several areas of focus for our IDC MarketScape series for PPM. Leverage of the cloud to facilitate the handoff from project inception to execution for businesses (as well as DevOps for IT software project portfolios) is another role played by this technology."


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