Vendor Selection Matrix™ Report Finds Enterprise AI Initiatives Among Adoption Drivers For Platforms Designed To Align Strategy And Execution.
Hartenfels, Germany – October 24, 2024 – A new Vendor Selection Matrix™ report on Strategic Portfolio Management (SPM) platforms from Research In Action includes rankings of 14 vendors survey results from 1,000 enterprise strategy and planning professionals, including vendor evaluations and functional priorities.
SPM is a systematic approach for dynamically aligning enterprise strategy and execution across business strategy and technology portfolios for better business outcomes. SPM platforms provide a centralized environment for collaboratively aligning enterprise strategy and execution across business and technology portfolios with functionalities for strategy definition, portfolio governance and modeling, adaptive strategic planning, execution monitoring and integration with other systems.
TOP SPM VENDORS
Customer evaluations of product, company, and service quality identified 14 top SPM vendors:
Listed in alphabetical order
• BROADCOM
• CORA SYSTEMS
• EOS SOFTWARE
• GENSIGHT
• IBM
• I-NEXUS
• NORTH HIGHLAND
• OPENTEXT
• PLANVIEW
• SERVICENOW
• SHIBUMI
• SOFTWARE AG
• SOPHEON (WELLSPRING)
• UPPWISE
Report details and highlights can be found here:
https://researchinaction.org/wp-content/uploads/VSM-SPM-2024-2025-WWW.pdf
The full report is available for purchase for € 500 / $ 550:
https://researchinaction.org/vsm-pay/
“The past five years of market volatility, increasingly ambitious digital business transformations, and accelerated agile delivery are making the alignment of enterprise strategy and execution more urgent and complicated than ever before,” said report author Dave Wilt, Research Director, Research in Action.
“Vendors are converging on SPM from many angles. Some focus on strategy-aligned agile software delivery as the primary engine of digital business innovation, while others span enterprise technology estates and ecosystems, business capabilities and processes. Some go beyond technology with holistic prioritization and planning for business initiatives and commercial portfolios ranging from beverages and pharmaceuticals to logistic operations and renewable energy.”
OTHER REPORT HIGHLIGHTS
• SPM adoption drivers for SPM include AI-centric initiatives, multi-year business transformations, cost optimization, supply chain resilience, ESG and M&A.
• AI is proliferating throughout SPM platforms, assisting in strategy and planning functions for demand capture, portfolio optimization, scenario planning, and risk prediction
• Top functional priorities were those associated with adaptive planning and execution monitoring.
CUSTOMER-WEIGHTED VENDOR SCORING
Research in Action was founded by ex-Forrester executives with a goal to give enterprise software customers a greater voice in vendor evaluations through quantitative data.
The Vendor Selection Matrix™ is a primarily survey-based methodology for evaluating vendors, with 63% of the evaluation is based on a survey of enterprise business decision makers and 37% based on the analyst’s opinion. The analyst’s input comes from a combination of vendor and customer interviews and the analyst’s informed, independent perspective. All of this makes Research In Action Vendor Selection Matrix™ reports unique, and this approach is one of Research In Action’s key differentiators in market research. We selected the vendors that received the highest ratings from the buyers, but excluded those with fewer than 15 ratings.
USA (Kirkland, WA)
Dave Wilt (SPM Report Author)
Research Director
Research In Action
dwilt@researchinaction.org
+1 425 281 9000
EU (Hartenfels, Germany)
Dr. Thoma Mendel
Managing Director
Research In Action
tmendel@researchinaction.org
+49 160 99492223
About Research In Action:
Research In Action GmbH is a leading independent information and communications technology research and consulting company. The company provides both forward-looking as well as practical advice to enterprise as well as vendor clients. For more information, visit http://www.researchinaction.org
Vendor Selection Matrix™ Disclaimer:
The Vendor Selection Matrix™ is a primarily survey-based methodology for comparative vendor evaluation. Research In Action GmbH does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. The information contained in this research has been obtained from both enterprise as well as vendor sources believed to be reliable. Research In Action GmbH’s research publications consist of the analysts’ opinions and should not be considered as statements of fact. The opinions expressed are subject to change without further notice. Research In Action GmbH disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. All trademarks are recognized as the property of the respective companies.
This release was published on openPR.
