Gartner Research

Critical Capabilities for Strategic Portfolio Management

Published: 28 May 2024

Summary

Strategic portfolio management technologies support enterprisewide practices that increase delivery speed, enhance adaptability, and maximize value for digital initiatives. Portfolio management leaders can use this research to identify products that align with their organization’s SPM needs.

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Overview

Key Findings
  • Digital investments remain a high priority as the climate of volatility, uncertainty, complexity and ambiguity (VUCA) persists, making enterprise strategy-to-execution alignment tenuous.

  • Effective strategic portfolio management (SPM) depends on technology to ensure consistent practices that produce SPM’s speed, flexibility and value realization advantages.

  • The SPM market includes a range of offerings that provide capabilities with notable differences, which must be thoughtfully considered when determining the best product fit for an organization.

Recommendations

Portfolio management leaders that enable enterprisewide strategic planning and execution must:

  • Forge strong stakeholder partnerships to integrate strategy execution management (SEM), enterprise program and portfolio management (EPPM) and integrated IT

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  • Broadcom
  • Cora Systems
  • EOS Software
  • North Highland (UMT360)
  • Planisware
  • Planview
  • Shibumi
  • Software AG
  • Uppwise
  • Wellspring (Sopheon)
  • Element Definition and Mapping
  • Element-Neutral Portfolio Creation
  • Funding and Investment Modeling
  • Demand Management
  • Adaptive Program Management
  • Resource Plan/Scenario Modeling
  • Element-Neutral Roadmapping
  • Mapping, Tracking and Analysis
  • Integration
  • Strategy Execution Management
  • Enterprise Program and Portfolio Management
  • Integrated IT Portfolio Analysis

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Critical Capabilities: A deeper look into provider offerings

How does a Critical Capabilities report work?

As a companion to the Magic Quadrant™, a Critical Capabilities report scores competing products and services against a set of meaningful differentiators. It reveals which options are the best fit in various use cases to help you focus on the vendors best suited to your needs.

A Critical Capabilities report is more than just a diagram. You also get:

Sharper focus

Narrow down the product and service criteria most important to you.

Individualized use cases

Use interactive features to customize usage scenarios based on your organization’s unique needs.

Faster decision making

Use data to speed up provider selection and accelerate the procurement process.

A Gartner Critical Capabilities report is just one of our many offerings.

We provide actionable, objective insight to help organizations make smarter, faster technology decisions to stay ahead of disruption and accelerate growth.

Pick the right provider with confidence

We use a Critical Capabilities report, the Magic Quadrant and more to ensure you select the best-fit provider to avoid the costly repercussions of a poor decision.

Align deal structures and optimize spend

We benchmark pricing against the market so you avoid unnecessary charges.

Reduce complexity and risk

We analyze contract terms and conditions to protect you against future price increases and unanticipated costs.

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