The “Project Portfolio Management (PPM) Market to 2025 - Global Analysis and Forecasts by Platform Type, Deployment Type and End Users” report provides a detailed overview of the major factors impacting the global market with the market share analysis and revenues of various sub segments.
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With growing complexities in managing numerous projects and scrutinizing large amount of data, companies face a lot of hardships to maintain the work space efficiency, while optimizing all the possessions such as financial, resources and time. To cure this problem, Project Portfolio Management (PPM) was introduced, a PPM software aims to fulfill the project management requirements of an organization.
Increasing complications in project handling is expected to generate high demand in PPM solutions globally. The demand is further projected to be driven by factors like the increasing trend of bring your own device (BYOD) or workforce mobility. BYOD enables employees of a company to bring their own devices to the premises, this not only helps them to save money but also creates employee satisfaction. Thus, numerous organizations have already implemented this module in their business for better project management. The major factors beholding the market growth include, prevailing apprehensions related to installation and usage, and security concerns regarding the software as a service (SaaS)-based PPM solution.
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Currently, the market vendors are more focused on solving complexity that involve implementation of PPM solutions. It’s been also noticed that several organizations already using this solution are facing trouble in understanding the relevance and usage of the software post its implementation. Sometimes...