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(I-SoftwareNews.Com, January 23, 2018 ) With growing complexities in managing numerous projects and examining large amount of data, companies are facing lot of hardships in maintaining the work space efficiency, while optimizing all the possessions such as time, financial and resources. To overcome this problem project portfolio management (PPM) was introduced. Project portfolio management (PPM) is a software which aims to fulfill the project management requirements of an organization. It is a tool which is all about collaborating and turning tools, culture and people within a standard structure of business. PPM processes helps to manage various stages of project lifecycle. It offers the organization with supreme visibility in a business process and facilitate alignment in projects, corporate strategies and business objectives. Several industry vertical except information technology are expected to implement responsive project management techniques in further.
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One of the major driving factor fueling the growth of Project portfolio management (PPM) is shifting to virtualized environment and increasing workforce mobility or Bring Your Own Device (BYOD) trend. In addition to this there are several other factor surging the growth of Project portfolio management (PPM) are Increasing complications in project handling is expected to generate high demand in PPM solutions globally, numerous organizations have already implemented this module in their business for better project management, increasing complexities in handling projects, which necessitates the adoption of PPM solutions and I increasing investments in research and developments have encouraged the development of innovative and sophisticated solutions such as mobile application based portfolio management solutions. However, the factor hindering the market growth is proper blending of traditional and agile methodologies. The technology is trending up briskly and expected to add opportunity in the coming years.
Project portfolio management (PPM) market is segmented on the basis of deployment type which further includes Cloud and On-Premises. Similarly, the market is further segmented on the basis of end user such as Small & Medium Enterprises, BFSI, Real Estate, Government, Retail and Healthcare.
The market is segmented into major regions that include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The major countries included are considered in the scope of the study such as U.S, Canada, Mexico, France, Germany, Italy, Spain, UK, China, Japan, India, Australia, South Arabia, UAE, South Africa and Brazil. Some of the key players which dominates Project portfolio management (PPM) market are Ca Technologies, Hewlett-Packard, Planisware, Changepoint Corporation, Innotas, Oracle Corporation, SAP SE, Celoxis Technologies, Planview, Workfront, Inc. and Microsoft Corporation.
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Source: EmailWire.Com 
Source: EmailWire.com
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