Copperleaf Highlights View of Enterprise-Level PPM Tools Detailed in Gartner ResearchBy Copperleaf
Vancouver, BC, February 22, 2018—The growing demand for top-down portfolio management tools to address the needs of senior managers and executives is outlined in a recent Gartner report titled “Maximize Value and Avoid Waste by Managing PPM Tool Proliferation in Your Enterprise.” According to Gartner, “The market need for top-down portfolio management tools is currently much stronger than the market answer for it.”
The Gartner research report states “The proliferation of multiple PPM products in today’s enterprises may be inevitable, but it is also the direct result of increased PPM awareness and maturity at multiple levels and in different functional areas within these enterprises. This maturity often leads to a justified need for multiple, and sometimes very different, PPM software products.”
Gartner includes a model, the PPM Product Usage Reference Model, which segments PPM product usage occurring in a typical enterprise today into four main layers or levels. “Dynamic, Portfolio-Level PPM Tools” are positioned at the 4th Layer – the Apex – of the Model. Copperleaf’s view is that its Enterprise Portfolio Management solution C55 meets the criteria for Dynamic, Portfolio-Level PPM Tools.
According to Gartner, “The emphasis is on striking a strategy-to-execution alignment and to ensure that alignment remains intact, with reason. Equally, the tools in this layer provide top-down replanning when misalignment occurs and/or if the company’s strategy and objectives become irrelevant and need to change.”
“Major shifts are taking place in the corporate landscape as a result of new technologies, changing regulations, climate change, and limited capital, and organizations need to be able to adapt their strategy to reflect the new business reality,” stated Judi Hess, Copperleaf CEO. “Our Enterprise Portfolio Management solution C55 provides executives with an objective basis to make difficult investment decisions across their entire enterprise—and in line with their strategy as it evolves.”
Copperleaf C55 provides dynamic portfolio management specifically suited to the needs of organizations managing large numbers of physical assets. C55 uses the Copperleaf Value Framework as the basis upon which to make portfolio-level decisions. The Value Framework is configured to each organization’s strategic objectives, definitions and quantifications of risk, and unique view of what contributes value. C55 allows organizations to evaluate diverse investments in one PPM process, enabling informed trade-off decisions between investments, strategic alignment of project portfolios, and optimization of portfolio value.
To learn more about PPM, the Gartner, Inc. “Maximize Value and Avoid Waste by Managing PPM Tool Proliferation in Your Enterprise” (Author: Daniel B. Stang, Publication Date: May 23, 2017) research report is available here.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including all warranties of merchantability or fitness for a particular purpose.
Copperleaf provides decision analytics to companies managing critical infrastructure. Our enterprise software solutions leverage operational and financial data to help our clients make investment decisions that deliver the highest business value. In 2017, Canadian Business magazine named Copperleaf one of Canada’s Fastest-Growing Companies for the third consecutive year. Copperleaf is a member of The Institute of Asset Management (IAM) and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, our solutions are distributed and supported by regional staff and partners worldwide. We are committed to building a better world, one decision at a time.
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