TechNavio today launched its report Global Project and Portfolio Management Software Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said; ”The Global Project and Portfolio Management (PPM) Software market has become very competitive as a result of the evolution of technological innovations and the varying needs of end-users. This has led to the increasing acceptance of open-source software by enterprises and the emergence of small vendors, because of which the market is expected to remain dynamic in the near future. This results in intense competition among vendors, thereby forcing them to consolidate their capabilities to remain competitive and to serve organizations that require comprehensive PPM solutions.”
According to the report, one of the major drivers is the need for enhanced business productivity. In the last few years, many companies have deployed enterprise applications such as PPM software that help them improve efficiency and productivity, which in turn helps them meet their business demands very quickly and remain competitive.
Further, the report also discusses that the difficulty in ensuring delivery of expected benefits is one of the major challenges confronting the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-project-and-portfolio-management…
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TechNavio Announces the Publication of its Report – Global Project and Portfolio Management Software Market 2011-2015
