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PowerSteering Recognized as a “Visionary” for Third Straight Year in Gartner’s Magic Quadrant for Integrated IT Portfolio Analysis Applications
Date:12/3/2013

Austin, TX (PRWEB) December 03, 2013

Upland Software, the world’s largest cloud provider of enterprise applications for project, portfolio, and work management, today announced it was recognized as a “Visionary” in Gartner, Inc.’s 2013 Magic Quadrant for Integrated IT Portfolio Analysis (IIPA) Applications for its PowerSteering application for top-down program and portfolio management. This is the third annual report from Gartner on this segment, and Upland’s PowerSteering application has been recognized as a Visionary each time.

“Products in this market strive to serve up the correct, interrelated perspectives, views and considerations that are needed to make strategic execution decisions in IT, without forcing users into the depths of detailed management and process automation within any specific functional domain,” according to Gartner, “Integrated visibility across different IT silos or domains can bring their often unique perspectives to the table to enhance capital and strategic IT investment prioritization and decision making for a CIO, an IT steering committee, a governance board or council, an IT program or project management office (PMO), or others requiring this type of visibility.”

PowerSteering is the one of the only cloud Project and Portfolio Management (PPM) applications designed as a top-down system. It enables executives in IT, New Product Development, Process Excellence, and PMOs (project management offices) to improve portfolio-level visibility and insight and without requiring the management of granular task and resource details. Its latest release, PowerSteering 10, introduces powerful new capabilities supporting IIPA including:

  •     Portfolio Comparisons, which enable portfolio managers to view side-by-side portfolios for analysis
  •     Portfolio Variations, empowering users to easily create, compare, and assess new portfolio scenarios
  •     Portfolio Planning enhancements, including in-line Dashboard editing to directly manipulate the portfolio composition, the ability to add charts on Dashboards for at-a-glance visibility and insight, and a new chart library with powerful portfolio charts for increased control over how to easily display critical portfolio data

In May of 2013, the PowerSteering application was also recognized as a “Leader” in Gartner’s Magic Quadrant for Cloud-Based Project and Portfolio Management Services for the second consecutive year.

“We are a strong proponent of Gartner’s views on both PPM and IIPA, particularly as it relates to how they drive better and more informed business decisions,” stated Doug Riseberg, PowerSteering General Manager and VP of Client Services for Upland Software. “Upland is very excited to have PowerSteering positioned as a Visionary by Gartner for the second year in a row in the IIPA Magic Quadrant. We are pleased to receive such analyst recognition. With our recent innovations and continued strong sales results, we are building real momentum in establishing PowerSteering as a leading cloud solution for IT portfolio management.”

Magic Quadrant Disclaimer
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. 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 any warranties of merchantability or fitness for a particular purpose.

¹Gartner, Inc., "Magic Quadrant for Integrated IT Portfolio Analysis Applications" by Daniel B. Stang and Jim Duggan, November 19, 2013.

About Upland Software
Upland is the world’s largest cloud provider of enterprise software for project, portfolio and work management. Upland is the only cloud software provider that offers a comprehensive family of applications that enable organizations to align their goals, projects and programs, optimize their resource utilization and workflows, and empower teams to collaborate and work effectively. From strategic planning to work execution, Upland drives business results for more than 1,200 enterprise clients with 300,000 active users in 50 plus countries. Visit http://www.uplandsoftware.com for more information.

About PowerSteering Software
PowerSteering combines the robust project and portfolio management (PPM) functionality demanded by global organizations with the cost & speed-to-value benefits of cloud delivery and an unmatched level of flexibility. Easy to use and administer, it enables top-down program & portfolio management without requiring granular task & resource tracking, and provides class-leading analytic and financial tracking capabilities. Leading global organizations, including Merck, Staples, the US Department of Defense, and the UK National Health Service, rely on PowerSteering to accelerate results in IT, New Product Development, Process Excellence and Business PMOs. PowerSteering is part of the Upland family of cloud-based project, portfolio, and work management software products. Visit http://www.powersteeringsoftware.com for more information.

Read the full story at http://www.prweb.com/releases/2013/10/prweb11276354.htm.


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