UMT360 Blog
Blog Posts from the Leader in Enterprise Portfolio Management
For the seventh consecutive year, UMT360 is once again recognized as a Visionary in Gartner’s Magic Quadrant for Integrated IT Portfolio Analysis Applications (IIPA). In its 2018 report, Gartner recognizes UMT360 for its completeness of vision and ability to execute. The full report can be found here (Gartner subscription required).
UMT360 has once again been recognized as a Visionary in Gartner’s 2017 Magic Quadrant for Integrated IT Portfolio Analysis Applications (IIPA). This is the sixth consecutive year that UMT360 has been recognized by Gartner for its completeness of vision and ability to execute. The full report can be found here (Gartner subscription required).
Today enterprises waste more money on IT than ever before and it’s not as if the money is going into growing and transforming the business. What, then, is pushing costs into these stratospheric levels?
Most of the money, an average 66% according to Gartner, goes into keeping the lights on and more than 6% is wasted because of mediocre maturity levels. With businesses and IT under increasing pressure to improve portfolio effectiveness and reduce IT costs, it’s essential that businesses find a way to mature their IT portfolio management so they’re able to optimize every dollar invested in IT.
Analyst firm Gartner has released the results of its 2014 CEO and Senior Business Executive Survey and it finds that growth is on the minds of executives. A third of respondents ranked it as their top priority with IT also high on the list. In Gartner’s announcement of the survey, vice president and Gartner Fellow Mark Raskino said CEOs talking about the increasing significance of technology-related change have to now move to invest in that insight.
Businesses today are challenged with ways to fund innovation as budgets remain flat or increase incrementally. The inability to efficiently invest in the future is one of the reason’s IT is becoming less relevant. It’s imperative that organizations make changes and not only gain a greater understanding of their spending dynamics but also adopt a new approach to decision making, one that focuses on strategic investments and their ability to create competitive advantage. How do you get started?
UMT360 are the experts in Enterprise Portfolio Management consulting services and solutions. Our proven methodology provides PMO, IT, business and finance leaders with the critical business planning and controls needed to improve their decision making and transform how they manage enterprise investments. Leveraging our industry leading expertise and technology along with Microsoft’s PPM platform, we help organizations at every level of maturity gain the visibility, insight and enterprise perspective they need to align execution with strategy across all project, program, product, IT asset and capability portfolios. A multi-year winner of Microsoft’s Partner of the Year for PPM, the company has been named a Gartner Cool Vendor in Program and Portfolio Management and is consistently recognized as a Visionary in the Gartner Integrated IT Portfolio Analysis Magic Quadrant.
