A new approach to management insight
Balancing new innovation with “keeping the lights on” requires a different way of thinking and tools in the application economy.
To succeed in an era of accelerated and disruptive change, business and technology leaders need deep insight to help them determine how to effectively invest in that IT that will drive such change, and how to apply resources to meet business expectations. This is becoming increasingly important in an age where time to execution is critical to rapidly delivering innovation while simultaneously “keeping the lights on.”
The quest for agility
Organizations are looking to leverage technology to radically transition their business. For instance in their insurance business, some companies are leveraging the apps and camera on mobile devices to document an accident scene and damage – allowing policyholders to immediately file a claim, rather than having to take the vehicle to a claims center.
Similarly, using drones following a natural disaster enable the impact to be assessed rapidly, while allowing for the immediate commencement of claims processes, and with the integration of banking, funds can be allocated and transferred to victims almost instantaneously.
In the enterprise, organizations delivering innovation effectively are now leveraging agile development approaches that allow them to develop and deliver on almost a continuous basis.
Now this accelerated approach is perfect in innovative scenarios, but one of the primary challenges for most CIO’s is how to balance innovation with investments in “business as usual”. We essentially have an environment where the project management office (PMO) and business and IT leaders need to carefully balance their portfolio to deliver maximum value to the business.
Synthesizing data for effective decision-making
All of this requires a lot of data. And not only must that data be delivered in a timely manner, it must also provide a complete factual perspective.
Technology and business leaders need to make sense of this data for resource allocation, decision-making and prioritizing investments, but unfortunately it is typically fragmented across a patchwork of systems in most organizations. This creates a challenge in getting complete information quickly.
To deliver effectively, enterprises need to take a new approach to not only managing delivery, but also gaining the intelligence in a timely manner to make effective decisions.
The PPM solution for integrated thinking
Today, CA Technologies announced a new release of CA PPM, a release focused on delivering the capabilities required to accelerate delivery in the application economy. It democratizes key data by introducing the first and only integrated Business Intelligence capability for PPM – synthesizing the Project, Product and Financial insights organizations need to take action without sacrificing performance. This allows for better prioritization of investments as well as the reporting necessary to ensure effective progress against objectives and deliverables.
Additionally, with the widespread adoption of agile at scale, our support for agile methods such as Scaled Agile Framework will ensure highly effective management and delivery for project management organizations. Click here for a video on how to Leverage the Speed and Scale of the Cloud.
CA PPM not only addresses the issue of connecting people, process and the technologies that they use, it also solves the challenge of connecting strategy to execution across the entire project and product portfolio – delivering the meaningful insights that business and technology leaders alike need to drive performance in the application economy.