Gartner Identifies PPM Leaders, Trends

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Gartner Identifies PPM Leaders, Trends
Projects@Work (June 25, 2009)

Gartner’s 2009 Magic Quadrant report surveys the state of PPM in a challenging economy, evaluating 19 technology providers, naming six “leaders” and addressing some emerging market trends.

Gartner has released its latest analysis of the project and portfolio management market, which it forecasts will grow at a compound annual rate of 12.6 percent over five years to reach $2.3 billion in 2013. This year's report, titled the Magic Quadrant for IT Project and Portfolio Management, evaluated 19 PPM technology providers based on their “ability to execute” and “completeness of vision.” Each vendor was placed in one of four quadrants: Leaders, Challengers, Visionaries, and Niche Players.

According to the Gartner report, written by research analysts Daniel Stang and Michael Hanford, "IT PPM 'leaders' meet IT needs by providing products supporting analytic frameworks for application and project portfolios, and can track other types of IT demand, such as minor software change requests, so that managers can assess their cumulative impact on resource supply.”

“Product depth in several core PPM areas, such as demand management and analysis, advanced scheduling, and resource and cost management, sets leaders apart from competitors, as well as portfolio analysis (for investment prioritization).

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