NEW YORK, June 16, 2016 — CA Technologies (NASDAQ: CA) today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the “Magic Quadrant for IT Project and Portfolio Management Software Applications, Worldwide.”*
According to the report, “Demand for IT PPM software continues to expand, with overall PPM market growth of 7.4% in 2015 amounting to more than $2 billion in revenue. This is due, in part, to an increased pace of change, as well as a change in the nature of change, driven by digitalization.” The report continues, “Digitalization, however, is not exclusive to IT. It is business, and it crosses silos, be they within or between organizations. Thus, we continue to see pressure for IT PPM solutions to transcend IT project management offices (PMOs). One of the most prevalent ways this pressure is alleviated is through domain-specific configurations for previously ignored areas, such as architecture, engineering, and construction, as well as marketing. Another is the ability to integrate to other solutions, be they ERP, CRM, HR, application life cycle management (ALM) or myriad other cloud solutions.”
“To thrive in today’s application economy, companies need quick access to business insights from across disciplines in order to drive better decision making and faster responses to market shifts,” said Angela Tucci, general manager, Agile Management, CA Technologies. “CA Project & Portfolio Management connects strategy to execution across the entire business investment portfolio, providing organizations with key project, product and financial insights and enabling organizations to adapt more quickly.”
With CA PPM, companies are able to gather insights from a wide array of projects and portfolios via integration capabilities, including out of the box solutions like CA Agile Central (formerly Rally) to support application lifecycle management needs, ERP solutions or a host of other applications with an expanding range of RESTful APIs. Available via the cloud and on-premises, CA PPM improves business leaders’ ability to prioritize strategic initiatives and resources.
Gartner evaluated 9 software vendors across 15 criteria in the report. CA Technologies was one of three vendors placed in the Leaders quadrant.
In November 2015, CA was also named as a Leader in Gartner’s “Magic Quadrant for Integrated IT Portfolio Analysis Applications.” **
To receive a complimentary copy of the report, visit Magic Quadrant for IT Project and Portfolio Management Software Applications, Worldwide.
*Gartner, Inc., “Magic Quadrant for IT Project and Portfolio Management Software Applications, Worldwide,” Daniel B. Stang, Robert A. Handler, Teresa Jones, May 24, 2016.
**Gartner, Inc., “Magic Quadrant for Integrated IT Portfolio Analysis Applications,” Daniel B. Stang, Jim Duggan, November 30, 2015.
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