Cloud Computing – The Business Case for Project Portfolio Management

The Business Case for Project Portfolio Management

The expression “better, faster, cheaper” is commonly associated with supply chain initiatives, where companies have developed an edge by getting products to market faster and more efficiently than their competitors. However, in the new world of cloud computing, more companies are looking at their IT department as a competitive differentiator by enabling them to quickly deploy hosted applications that can level the playing field with larger, established competitors.

The expansion of cloud-based and hosted Software-as-a-Service (SaaS) solutions has enabled companies from the Fortune 500 to Small and Medium Businesses (SMB) to seek out new solutions to automate and optimize critical areas of their business- -such as revenue management, price modeling and inventory management. The good news for CIO’s is this renewed emphasis on applications as business enablers and efficiency drivers has brought IT back to the boardroom table.

Businesses are increasingly realizing that the ability to respond quickly, efficiently and strategically to market dynamics is heavily dependent on innovation driven by IT management.

However, the growing challenge for IT departments is that this heightened profile is also increasing demands to manage and prioritize a growing list of projects. According to the Aberdeen Group research report Project Portfolio Management for IT: How to Achieve the Greatest ROI on Projects from November 2010, the top pressure cited by IT was the “need to use project resources more effectively”, cited by 43% of respondents.

In this environment, both large and small companies are turning to Project Portfolio Management (PPM) and IT Governance solutions to benchmark and streamline strategic initiatives. These solutions are helping overtaxed IT departments manage project requests, resources, budgets and projects and ultimately position IT as a key enabler to the enterprise reach its strategic goals.

In this white paper, we will present industry best practice data as well as real-world examples of how companies are using PPM solutions to help drive innovations with their organizations, while delivering on key performance goals like being on time, on budget, on quota and on target.

Sign In To Read Report

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!

Sorry, comments are closed for this post.

Big Data Analytics Adoption

Big Data Analytics Adoption

Big Data Analytics Adoption Big Data is an emerging phenomenon. Nowadays, many organizations have adopted information technology (IT) and information systems (IS) in business to handle huge amounts of data and gain better insights into their business. Many scholars believe that Business Intelligence (BI), solutions with Analytics capabilities, offer benefits to companies to achieve competitive…

Using Big Data To Make Cities Smarter

Using Big Data To Make Cities Smarter

Using Big Data To Make Cities Smarter The city of the future is impeccably documented. Sensors are used to measure air quality, traffic patterns, and crowd movement. Emerging neighborhoods are quickly recognized, public safety threats are found via social networks, and emergencies are dealt with quicklier. Crowdsourcing reduces commuting times, provides people with better transportation…

Cloud Infographic: Disaster Recovery

Cloud Infographic: Disaster Recovery

Cloud Infographic: Disaster Recovery  Business downtime can be detrimental without a proper disaster recovery plan in place. Only 6% of businesses that experience downtime without a plan will survive long term. Less than half of all businesses that experience a disaster are likely to reopen their doors. There are many causes of data loss and…

Cloud Infographic – Cyber Security And The New Frontier

Cloud Infographic – Cyber Security And The New Frontier

Cyber Security: The New Frontier The security environment of the 21st century is constantly evolving, and it’s difficult to predict where the next threats and dangers will come from. But one thing is clear: the ever-expanding frontier of digital space will continue to present firms and governments with security challenges. From politically-motivated Denial-of-Service attacks to…

Cloud Infographic – The Internet Of Things In 2020

Cloud Infographic – The Internet Of Things In 2020

The Internet Of Things In 2020 The growing interest in the Internet of Things is amongst us and there is much discussion. Attached is an archived but still relevant infographic by Intel which has produced a memorizing snapshot at how the number of connected devices have exploded since the birth of the Internet and PC.…

CONNECT TO THE CLOUD

 

Cloud Logo Sponsors

hp Logo CityCloud-PoweredByOpenstack-Bluesquare_logo_100x100-01
cisco_logo_100x100 vmware citrix100
Site 24x7


Contributor Spotlight

Established in 2009, CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

Contact

CloudTweaks Media
Phone: 1 (212) 763-0021

Branded Content Programs

Advertising