Cloud Project Portfolio Management (CPPM) Market 2017-2023: Know About the Its Working Features and Demand

Portland, OR — (PRESS RELEASE JET) — 10/26/2017 — Project Portfolio management (PPM) is a management process that aspires the project managers and project management organizations (PMO) to analyze and manage current or proposed projects. Cloud PPM is emerging at a rapid pace, which is the union of cloud and PPM and helps in collaborative planning, scheduling, and faster & effective decision-making.

Shift toward cloud-based solution, increase in need for bring your own device (BYOD), and expectation of organizations to attain faster return on investment (ROI) are the factors that are anticipated to drive the market growth during the forecast period. However, security and privacy issues related to cloud PPM are expected to hamper the market growth.

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The cloud project portfolio market is segmented on the basis of application, deployment model, vertical, and region. Based on application, it is classified into portfolio management, demand management, project management, resource management, financial management, and others (time and risk management). Based on deployment model, it is categorized into private cloud, public cloud, and hybrid cloud. On the basis of vertical, it is divided into banking, financial services, and insurance (BFSI); healthcare; manufacturing; telecommunication; government & public sectors; retail and consumer goods; and others (travel education, and aerospace & defense).

The cloud PPM market is analyzed based on four regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

The cloud project portfolio management market comprises vendors such as CA Technologies (New York, U.S.), HPE (California, U.S.), Changepoint Corporation (Richmond Hill, Ontario), Clarizen, Inc. (California, U.S.), SAP SE (Walldorf, Germany), Upland Software (Texas, U.S.), Workfront, Inc. (Utah, U.S.), Microsoft Corporation (Washington, U.S.), Mavenlink (California, U.S.), Oracle Corporation (California, U.S.), lanisware (California, U.S.), and ServiceNow, Inc. (California, U.S.)

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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