Worldwide project and portfolio management (PPM) software revenue totaled $1.16 billion in 2009, a 1.5 percent decrease from 2008 revenue of $1.18 billion, according to a new report from Gartner Inc. After five years of strong growth, the nearly 10 percent dip in growth rates last year compelled vendors and new entrants to experiment with new business and delivery models, says the "Market Share: Project and Portfolio Management Software, Worldwide, 2009" report.
"After a five-year period of strong, mostly double-digit growth, the financial turmoil in late 2008 and subsequent spending uncertainties in early 2009 left a negative mark on the usually robust PPM











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February 10, 2012
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