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The business benefits of cloud computing are highly cost effective. However, the path to the cloud may not be as clear as it seems. Migration to the CLOUD requires a change in the way organizations conduct business and provide services.

There are many dilemmas that businesses struggle with when contemplating cloud services: Which applications to take to the cloud? Private, public or hybrid cloud? Does my internet service have to be upgraded? How do I choose cloud services and vendors? What about security, delivery and support?

ANNOUNCEMENTS

  • Ndit Solutions ‘s Says Cloud Contracts Need More Transparency to Improve Risk Management
  • Nearly Half of Large Enterprises Will Have Hybrid Cloud Deployments by the End of 2017
  • Ndit Solutions ‘s by 2019, 90 Percent of Organizations Will Have Personal Data on IT Systems They Don’t Own or Control
  • Offshore Providers Without a Cloud Strategy Will Risk their Long-Term Future
  • Leverage Digital Transformation Consultants to Adapt to the Digital Age
  • Ndit for Marketing Leaders Q&A: What It Takes To Become A Data-Driven Marketer
  • Worldwide Shipments of 3D Printers to Grow 49 Percent in 2013
  • Ndit’s 2013 Hype Cycle for Emerging Technologies Maps Out Evolving Relationship Between Humans and Machines
  • Ndit ‘s Says Sales Organizations Must Upgrade Skills and Processes to Meet B2B Technology Buyer Expectations
  • Most Collaboration Applications Will Be Equally Available Across Multiple Devices by 2016
  • Ndit’s At Least 60 Percent of Information Workers Will Interact With Content Applications via a Mobile Device by 2015

Ndit Says Project and Portfolio Management Software Market Grew 11 Percent in 2012

Worldwide project and portfolio management (PPM) software revenue totaled $1.65 billion in 2012, up 11 percent from $1.48 billion in 2011, according to final results from Gartner, Inc. “In 2012, the PPM software market had strong growth for the third consecutive year despite, or perhaps because of, slow economic growth, tight IT budgets, and merger and acquisition activity,” said Laurie Wurster, research director at Gartner. “Turbulent or uncertain IT requirements perpetuated by a stagnant economy are driving changes in IT solutions and delivery models. Key vendors continue to expand product portfolios, buy companies where appropriate, and expand their reach into emerging markets. 2012 represented continued resiliency, where the total PPM market expanded in terms of both revenue dollars and worldwide markets.”

Vendor movement has been characterized by partnering and acquisition, some new sales emphasis beyond North America, and improved packaging and delivery options (most notably, software as a service [SaaS]), as well as by new product releases. Through 2011, PPM product development was generally focused more on integration. However, in 2012, it showed signs of resiliency and innovation as some vendors transformed themselves to support changing user requirements and expanded their reach into additional PPM domains (such as PPM for professional services), or into domains outside PPM (such as greater reach with SaaS offerings and into technologies such as application life cycle management [ALM]).

The top five PPM vendors accounted for nearly 50 percent of PPM software revenue in 2012, and there was no change in their ranking . Oracle maintained its No. 1 position, with revenue of $381 million, as the company moved to broaden its PPM “sweet spot” into the midmarket with the November 2012 acquisition of cloud-based Instantis. Second-placed Microsoft also grew revenue by 10 percent to reach $252 million, while, in third place, CA Technologies grew revenue by 7 percent to reach $157 billion.