CA Technologies Named a Leader in Gartner Magic Quadrant for IT Project and Portfolio Management Software Applications, Worldwide
for Second Consecutive Year
SINGAPORE, 20 June 2016– CA Technologies (NASDAQ: CA) today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the “Magic Quadrant for IT Project and Portfolio Management Software Applications, Worldwide.”*
According to the report, “Demand for IT PPM software continues to expand, with overall PPM market growth of 7.4% in 2015 amounting to more than $2 billion in revenue. This is due, in part, to an increased pace of change, as well as a change in the nature of change, driven by digitalization.”
The report continues, “Digitalization, however, is not exclusive to IT. It is business, and it crosses silos, be they within or between organizations. Thus, we continue to see pressure for IT PPM solutions to transcend IT project management offices (PMOs). One of the most prevalent ways this pressure is alleviated is through domain-specific configurations for previously ignored areas, such as architecture, engineering, and construction, as well as marketing. Another is the ability to integrate to other solutions, be they ERP, CRM, HR, application life cycle management (ALM) or myriad other cloud solutions.”
“Companies need quick access to business insights from across disciplines for better decision making and to develop faster responses to market shifts, if they are going to thrive in today’s application economy,” said Rob Carruthers, senior director, Agile Management at CA Technologies, Asia Pacific and Japan. “CA Project & Portfolio Managementconnects strategy to execution across the entire business investment portfolio, giving organizations key project, product and financial insights to enable them to adapt more quickly.”
With CA PPM, companies are able to gather insights from a wide array of projects and portfolios via integration capabilities, including out of the box solutions like CA Agile Central (formerly Rally) to support application lifecycle management needs, ERP solutions or a host of other applications with an expanding range of RESTful APIs. Available via the cloud and on-premises, CA PPM improves business leaders’ ability to prioritize strategic initiatives and resources.
Gartner evaluated 9 software vendors across 15 criteria in the report. CA Technologies was one of three vendors placed in the Leaders quadrant.
In November 2015, CA was also named as a Leader in Gartner’s “Magic Quadrant for Integrated IT Portfolio Analysis Applications.” **
To receive a complimentary copy of the report, visit Magic Quadrant for IT Project and Portfolio Management Software Applications, Worldwide.
*Gartner, Inc., “Magic Quadrant for IT Project and Portfolio Management Software Applications, Worldwide,” Daniel B. Stang, Robert A. Handler, Teresa Jones, May 24, 2016.
**Gartner, Inc., “Magic Quadrant for Integrated IT Portfolio Analysis Applications,” Daniel B. Stang, Jim Duggan, November 30, 2015.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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