EPM Live is excited to announce that we have been named the sole “Challenger” in the Gartner 2013 Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services for the second straight year.
The recently published Magic Quadrant assessed thirteen cloud PPM vendors in terms of their completeness of vision and ability to execute.
According to the report, in the current economic climate demand for cloud-based PPM services is and will remain high, as “IT project and portfolio management (PPM) leaders are under extreme pressure to improve the speed, accuracy, and agility of their project organization, while also managing risks and costs.” In explaining what distinguishes Challengers from other vendors covered in the research, the authors note that “Cloud-based IT PPM service providers in the Challengers quadrant resemble Leaders in many ways, such as product depth and breadth — combined with enough experienced product development, sales and marketing personnel to effectively reach and meet the needs of the market. In fact, most of the description above about Leaders can be applied to Challengers. Challengers, however, appear as such mainly because they may have recently embraced cloud-based IT PPM SaaS as their main business model, or their cloud-based business model, although the focal point going forward, has not eclipsed their other business models, which may include a history in on premises and/or hosted PPM software implementations.”
Gartner determined, EPM Live’s innovative cloud-based SharePoint Project Management software is able to support both project execution level and project portfolio level customers. The application’s configurability and unique app marketplace allows it to quickly and easily meet the business needs of all departments and verticals, such as IT, Project Portfolio Management, New Product Development, Application Lifecycle Management, and Professional Services Automation. Its numerous out-of-the-box integrations allow organizations to bring all work into EPM Live for overall visibility and insight in one centralized location.
Read the full press release here!