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Date Submitted: 01/21/2016 02:32 AM
Researchmoz added Most up-to-date research on "Global Project Portfolio Management Market 2015-2019" to its huge collection of research reports.
Market outlook of project portfolio management
Technavios market research analysts predict the global PPM market to grow at a CAGR of close to 12% from 2015 to 2019. Factors such as increased need for business optimization and the need to manage costs accelerate the growth of this market.
PPM software solutions are used in BFSI, government, real estate, healthcare, and the retail sector to provide better visibility and management of projects. During the forecast period, the market will witness increased adoption of cloud-based solutions. Currently, PPM software largely offered through a three-year contract with a license that is subject to renewal post the contract period. In contrast, the SaaS-based model allows companies to choose their desired duration. It extends the flexibility to decide on whether to go ahead with the same requirements or purchase more services. Growing popularity of the SaaS model will drive this market over the next four years.
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Research scope of the global PPM market
This research report considers the total revenue generated from the sales of the following:
Software licenses and subscriptions
Software implementation and maintenance costs
The report includes the following deployment type:
SaaS-based PPM
On-premise PPM
PPM software is a tool that is extensively used for analyzing and collectively managing multiple projects. It constitutes a significant part of enterprise risk management and allows enterprises to obtain and view information about all available projects. PPM enables organizations to prioritize and sort each project based on various parameters such as the impact on resources and strategic value. It helps project management teams to add or remove items from the project...