openPR Logo
Press release

Future Outlook of Project Management Software Market Poised to Achieve CAGR of 10.14% by 2023 – ORACLE CORPORATION, MICROSOFT CORPORATION, CA TECHNOLOGIES, HEWLETT PACKARD ENTERPRISE, SAP SE

10-16-2018 10:42 AM CET | IT, New Media & Software

Press release from: Market Prognosis

The global project management software market is expected to witness a CAGR of 10.14% during the forecast period of 2018-2023. The scope of this report is limited to the type of deployment method used such as cloud-based and on-premises, size of the organization, such as small & medium-sized enterprises and large enterprises, end-user verticals, such as BFSI, healthcare and life sciences, manufacturing, IT & telecommunications, and retail, among others. The regions considered in the scope of the report include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/17473
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Project Management Software is intended to manage work between members of a group and enforce order in the projects they are managing. As a tool for organizing and managing work, the use of project management software continues to grow at a rapid pace across industries. As corporations develop in size and complexity, more all-inclusive solutions are needed to coordinate an entire organization's portfolio of projects. These solutions help the management to shuffle plan, workload, budgets and resources, observe projects as they develop, and report on delivery success.

Key Developments in the Market
• Oct 2017: Zoho launched Agile Project Management Software, Zoho Sprints, which encourages teams to work iteratively and incrementally over short periods of time and quickly release potentially shippable products.
• Mar 2017: Hewlett Packard Enterprise launched Project & Portfolio Management (PPM) version 9.41, which provides the user with flexible business process automation and top-down and bottom-up approach.

The major players include –
ORACLE CORPORATION, MICROSOFT CORPORATION, CA TECHNOLOGIES, HEWLETT PACKARD ENTERPRISE, SAP SE, amongst others.

Request Discount on this repots @ https://marketprognosis.com/discount-request/17473
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Ability to Connect and Integrate Multiple Disparate Systems
The project management software encompasses disparate systems such as resource management, financial management, time management, demand management, etc., thus enabling you to manage your programs from concept to completion collaboratively. It integrates project management and process controls to reduce the number of project/schedule overruns, thereby reducing project risks and costs. It also automates processes for managing scope, risk, quality, issues, and schedules.
The financial management module provides managers with a single, real-time view of all financial attributes related to the programs, projects, and overall IT portfolio. Thus, managers gain the flexibility needed to rapidly adjust forecasts as business objectives change. The Resource Management module provides managers with comprehensive resource analysis, which includes both operational and strategic activities at any stage in the work lifecycle. The time management module helps managers to focus on value-added activities by streamlining time collection and improving accuracy across the wide range of work performed.

Lack of Skills to Manage the Software
With the growing need for project management software systems, there has been a high demand for new features like project integration. Companies like Oracle, IBM, and HP have come up with several features, which enable the user to work efficiently. However, with growing sophistication, usage of the project management software requires special skills to manage the software in the right way.
81% of the companies in Japan and 64% of the companies in India are finding it difficult to hire qualified talent. As the lack of right resources and right skills leads to improper project staffing, IT and project managers must have an idea of the workload of all their resources, including consultants and outsourced staff. Project management software provides the visibility required to review everyone’s workloads and skills. If project managers do not manage the financials on a regular basis and notify the client, the firm might get into trouble quickly. Lack of methodology increases the workload, as the whole project needs to be re-worked, resulting in delay and additional cost. Defining the scope of a project is an important task, before the start of the project. Project management software provides the platform to store and discuss such tasks, which help project managers to prioritize them. Though there has been an increase in workforce, there is a lack of project managers who can adapt to growing innovations in the software.

Enquiry Before Buying @ https://marketprognosis.com/enquiry/17473
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Future Outlook of Project Management Software Market Poised to Achieve CAGR of 10.14% by 2023 – ORACLE CORPORATION, MICROSOFT CORPORATION, CA TECHNOLOGIES, HEWLETT PACKARD ENTERPRISE, SAP SE here

News-ID: 1306156 • Views:

More Releases from Market Prognosis

Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innovations and Foreseen Till 2026 | FedEx, Exel Logistics, Menlo Worldwide Logistics, Ryder Logistics
Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innov …
The report covers a forecast and an analysis of the Third-Party Logistics (3PL) Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Third-Party Logistics (3PL) Market: The report spread across 90 pages is an overview of the Global Third-Party Logistics (3PL) Market. These report study based on the Third-Party
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing by Top Key Players (Didi, Uber, Lyft, Gett, Hailo, Ola Cabs, Cabify, GoCatch) | Foreseen Till 2026
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing …
The report covers a forecast and an analysis of the Ride-Hailing Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Ride-Hailing Market: The report spread across 90 pages is an overview of the Global Ride-Hailing Market. These report study based on the Ride-Hailing Market. It is a complete overview
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry Insight and Growth Strategy by Business Players - AIG, Chubb (ACE), Allianz, XL Group, AXA, Aviva
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry I …
The report covers a forecast and an analysis of the Professional Indemnity Insurance Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Professional Indemnity Insurance Market: The report spread across 90 pages is an overview of the Global Professional Indemnity Insurance Market. These report study based on the Professional
Modular Construction Market Future Growth Explored in Latest Research Report by 2026 | Komatsu, Kiewit, Skanska, L&T, Taisei, ACS Group, Bouygues Construction
Modular Construction Market Future Growth Explored in Latest Research Report by …
The report covers a forecast and an analysis of the Modular Construction Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Modular Construction Market: The report spread across 90 pages is an overview of the Global Modular Construction Market. These report study based on the Modular Construction Market. It

All 5 Releases


More Releases for Project

Omega Project Review: Omega Project Honest Review: Omega Project
Omega Project Review: Is Aidan Booth's Course Worth Your Investment? In the ever-evolving landscape of online business and digital marketing, finding a course that truly delivers on its promises can be a daunting task. One name that frequently pops up in discussions is Aidan Booth, a seasoned entrepreneur known for his innovative approaches to online marketing. His latest venture, The Omega Project, has garnered significant attention. But does it live up
Merlin Project Version 9: AI-Powered Project Planning
Melle, Germany - December 12, 2024 - To mark its 20th anniversary, ProjectWizards is releasing Merlin Project 9, the latest version of its project management software. The standout feature is an AI assistant that automatically generates project plans from a simple text description. Tasks, phases, dependencies, workloads, milestones, and risks are instantly organized into a Gantt chart. Quote from Frank Blome, CEO of ProjectWizards: "We thank everyone who has supported us
CCECCK Engineering Construction Bahrain Company road project contracting, railwa …
CCECCK Engineering Construction Bahrain Company https://adjustablewholesale.com/ is a leading engineering and construction company based in Bahrain, specialized in a wide range of engineering projects. We have expertise in road project contracting, railway engineering contracting, port project contracting, real estate project contracting, hospital project contracting, cultural center project contracting, shopping mall project contracting, and contracting of public facilities projects. With over a decade of experience in the industry, we have a proven
CCECCK Engineering Construction UAE Company road project contracting, railway en …
CCECCK Engineering Construction UAE Company https://oberlodropship.com/ is a leading engineering and construction company based in United Arab Emirates, specialized in a wide range of engineering projects. We have expertise in road project contracting, railway engineering contracting, port project contracting, real estate project contracting, hospital project contracting, cultural center project contracting, shopping mall project contracting, and contracting of public facilities projects. With over a decade of experience in the industry, we have
T-PPM Project Management new project dashboards
T-PPM - Project Portfolio Management (https://www.t-ppm.it) is a web solution that allows you to organize, manage and plan projects and the team. T-PPM is simple and intuitive to configure and use. In the new video we have created and published we show all the features and potential of dashboards. The features are available at different levels depending on the profiling role: Project Managers or actor who make up the project
Engineering Project Consultant | Software Development Project
Pdgindia provide android training in pune India and also provides Corporate training in Android,‬Web Designing,Website Development,IEEE Project Development. Project Development Group was set up in 2012 with an aim to establish itself among leading Global Project Providers. On road to the vision, the company has already emerged among India's fastest growing organizations that provide quality projects along with complete project guidance and training. The company motto "Your Destination For Perfection" reflects