SPARK Matrix™: Strategic Portfolio Management (SPM) , Q3 2023

The Quadrant Knowledge Solutions SPARK Matrix™: Strategic Portfolio Management (SPM) tools encompass a comprehensive analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides a competitive analysis and ranking of the leading strategic portfolio management vendors using SPARK Matrix™. The study provides users strategic information to evaluate vendor capabilities, competitive differentiators, and market position.

According to Ajay Adithyan P, an analyst at Quadrant Knowledge Solutions, ‘SPM plays a crucial role in digitally transforming businesses and managing digital products with a customer-centric approach. This involves collecting and analyzing real-time data to help businesses in decision-making and aligning IT infrastructure with business objectives. This results in product-oriented operating models effectively managing different delivery forms with an integrated portfolio, maintaining a clear line of vision from strategy to execution.’

In today’s digital landscape, SPM assists business leaders, enterprise portfolio management office (EPMO), and IT leaders in decision-making, empowering them to make informed decision-making in designing business strategies for technology capabilities and processes. This facilitates effective digital business management through enterprise-wide portfolio management and execution, offering a holistic view of distributed systems and tasks within the portfolio.

According to Apoorva Dawalbhakta, Associate Director at Quadrant Knowledge Solutions, ‘A promising trend in the field of strategic portfolio management is Delta Analysis. This approach highlights changes within a given timeframe and algorithm-driven scoring, thus identifying potential issues and risks based on historical data and other factors. In the era of the ever-growing amount of information, providing new and intuitive ways of analysis is critical for decision making.

The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes an analysis of vendors, including Atlassian, Bee360, Broadcom, Cora Systems, Digital.ai, EOS Software, Opentext, Planisware, Planview, Sciforma, ServiceNow, Shibumi, Smartsheet, Software AG, Sopheon, UMT360, and Uppwise.

Q3 2023, SPARK Matrix™: Strategic Portfolio Management (SPM)
Source: Quadrant Knowledge Solutions

Table of Content

• Executive Overview  
• Market Definition and Overview      
• Competitive Landscape and Analysis         
• Key Competitive Factors and Technology Differentiators
• SPARK Matrix™: Strategic Performance Assessment and Ranking
• Vendors Profile
• Research Methodologies