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UMT360 Blog

Gartner’s 2018 Magic Quadrant for IIPA Recognizes UMT360 as a Visionary

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). According to the Gartner report: …

UMT360 Named A Visionary In Gartner’s 2017 Magic Quadrant for IIPA

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). According to …

Survey Results Hint At Big Challenges for IT Transformation

A big thanks to all the attendees of the IT Portfolio Management Conference in Chicago who stopped by the UMT360 booth. The event was a fantastic opportunity to connect with IT leaders looking to transform how they manage enterprise IT investments. Many of the folks who stopped by the UMT360 booth participated in our 2014 …

How to Overcome IT Investment Roadblocks

Many of today’s processes and methods for managing technology investments were not designed for networked organizations operating at high speeds. Financial management best practices  were not created for programs, portfolios and assets. In a recent webinar, we polled attendees and asked them about which factors are most important in overcoming IT investment management roadblocks. The top top …

Digitalized IT Maturity Evaluated at Gartner PPM & IT Governance Summit

Having just returned from Gartner’s PPM & IT Governance Summit in Maryland, I’ve been reflecting on the many great discussions our team had regarding Digitized IT and UMT360’s approach to Enterprise Portfolio Management (EPM).  Because we have long promoted the tenets of integration, transparency and digitalization as key to successful business investment management, it’s rewarding …

Strike & Maintain the Right Innovation Balance

IT and the business knows: The year-to-year viability of a company depends on its ability to innovate. We have learned over the years that innovation comes from three sources. Top Down – Driven by management imperatives (i.e. we have to be in the cloud) Bottom Up – Can originate anywhere in the organization, everyone participates and …

Rationalize & Get More Business Value from Your Applications – March 18th

Today, more than a third of IT budgets are consumed by applications with half of that dedicated to maintaining legacy systems which, in so many cases, don’t align with current business needs.    As a result, executives are turning to Application Portfolio Management (APM) to rationalize their operational costs, modernize their applications and better align …

5 Principles Essential to IT Cost Optimization

IT investments face a leaner, slimmer future but the companies that master IT investment cost optimization will emerge with better ROI on their investments.  IT investments are positioned as so essential to core operations and integral to business success that they often remain remarkably resistant to cutbacks, even in economic downturns.  Although IT investment budgets …

Ushering in 2014 & Your Application Spend

As we ring in 2014, IT spending is on its way up.  Gartner is forecasting a 3.1% increase in worldwide IT spending this year taking it to an estimated $3.8 trillion.  Also on the rise, the amount of software budgets dedicated to applications.  In a Gartner enterprise IT spending study last year, respondents indicated the …

How PFI helps align IT spending with corporate strategy.

When Frank La Rocca was named VP at a major northeastern utility company, the CFO and COO told him they wanted to ensure that IT spending was aligned with corporate strategy.  It’s a goal that has stayed in the back of his mind ever since – the need to understand or measure the alignment factor.  …