Monday Jul 15, 2013

Cloud-Based Project Portfolio Management Gains Steam

in May 2013, Gartner named Oracle a Leader in its Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.

The report noted that “IT project and portfolio management (PPM) leaders are under extreme pressure to improve the speed, accuracy, and agility of their project organization, while also managing risks and costs. They are looking for software solutions that can support these seemingly conflicting objectives. For years, the IT PPM software market standardized on on-premises or traditional hosting for deployment of IT PPM software functionality, but with the continued maturity of the internet as an enterprise computing platform, on-premises and traditional hosting have given way to another viable option—cloud-based IT PPM application services deployment.”

The Gartner report offers nine key factors describing when and why an organization might choose a cloud-based IT PPM service provider over a traditional provider, including an immediate need for mainstream functionality that can be delivered rapidly and as a service, a lower likelihood of needing to extensively customize the solution, and a smaller or growing organization that is seeking a short-term solution, cost-effective solution.

Oracle’s Instantis EnterpriseTrack offers a number of complementary solutions and capabilities for the Oracle portfolio,” says Wayne Caccamo, a former Instantis executive and now part of the Oracle Primavera team. Instantis EnterpriseTrack is a market leader for lighter-weight project environments, such as IT, new product development, and process improvement. This complements Oracle’s traditional strengths in the capital planning, maintenance, and manufacturing environments that are prevalent in asset-intensive industries.

Instantis EnterpriseTrack has been successfully integrated into the Oracle development process, and the first release from Oracle is generally available. This release is a significant expansion of its capabilities in resource management, project demand management, and project execution. It also includes customer-requested product enhancements, reporting enhancements, performance optimizations, and user experience improvements.

Read the full Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services report.

Get details about Oracle’s Instantis EnterpriseTrack.

Read Oracle’s press release about the Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.

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. 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.

Saturday Jul 13, 2013

Oracle Receives a Positive Rating and Is Named a Leader in New Gartner Reports

Gartner, Inc. evaluated Oracle enterprise project portfolio management solutions in two reports recently.

The Gartner MarketScope for IT Project and Portfolio Management Software Applications, published in May 2013, gave Oracle a positive rating.

The IT project and portfolio management (IT PPM) products included in the Gartner MarketScope address the challenges of portfolio, program, project management office leaders; program/project managers; and resource managers. The report says that these groups continue to struggle with selecting IT programs and IT projects, prioritizing them, executing them at the right time, matching and/or balancing IT supply with IT demand, monitoring and reporting IT project status and IT expenditures to date, improving IT project execution efficiency, proactively addressing emergencies on IT projects, and tackling changes to the existing and planned IT projects triggered by shifts in business direction.

Oracle released a new version—release 8.3—of Primavera P6 Enterprise Project Portfolio Management earlier this year, with enhancements that can help improve the speed, accuracy, and agility of IT project and portfolio management efforts. For instance, the new version offers enhancements for importing global data and for optimizing mobile solutions—one of the key considerations discussed in the report. The improvements give enterprises greater flexibility in how work is distributed and the kinds of information that can be made available to team members. The solution can also push status updates to mobile workers via e-mail, making it easier for workers to conduct time, approval, and status reporting from their mobile devices. The release is also now available for Android devices.

Read the full Gartner MarketScope for IT Project and Portfolio Management Software Applications report.

Learn more about the new features in Oracle’s Primavera P6 Enterprise Project Portfolio Management.

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. 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.

Friday May 24, 2013

Oracle Primavera Showcases the Latest PPM Acquisitions at the 2013 Virtual Summit

At this year’s 4th Annual Primavera Virtual Summit, attendees will get the chance to learn about Oracle’s most recent Enterprise Project Portfolio Management (EPPM) acquisitions –including leading cloud based solutions Oracle Instantis and Primavera Unifier.

During this one-day, global event, Project Management Professionals in attendance will get detailed insight into how Primavera Unifier can help optimize and integrate business processes critical to project management.

They will also discover how Oracle Instantis can help organizations run multiple initiatives simultaneously, improve strategic alignment, and enhance project execution and gain financial discipline.

The 2013 Oracle Primavera Virtual Summit: Enabling Financial Discipline, Operational Excellence and Risk Mitigation, takes place on Thursday, June 13th and will be available on demand for a limited time afterwards. Project Managers in attendance will earn Professional Development Units throughout the event.

Want more information and to view the full agenda.

Register here for the virtual event.

Friday May 03, 2013

Oracle Instantis Complements and Expands EPPM Solutions

Late last year, Oracle announced its purchase of Instantis, a leading provider of cloud-based and on-premises project portfolio management solutions. Wayne Caccamo, a former Instantis executive and now part of Oracle’s Primavera team, discusses what the acquisition means for users of Oracle solutions for enterprise project portfolio management (EPPM).

Q: What new capabilities does the Instantis acquisition bring to Oracle’s already extensive portfolio of EPPM solutions?
A: Oracle’s Instantis EnterpriseTrack offers a number of complementary solutions and capabilities for the Oracle portfolio. At a high level, Instantis EnterpriseTrack brings top-down strategy execution and portfolio management capabilities to resource-constrained PPM environments. At the same time, Primavera P6 Enterprise Project Portfolio Management and Primavera Unifier provide robust bottom-up project-planning capabilities for schedule-constrained PPM use cases.

As such, Oracle’s Instantis product line has established market leadership in relatively lighter-weight project environments, such as IT; new product development; and process improvement. This, of course, complements Oracle’s traditional strengths in the capital planning, maintenance, and manufacturing environments that are prevalent in asset-intensive industries. This combination results in the most comprehensive single-vendor EPPM solution offering in the industry.

Q: Can current users of Primavera P6 and Oracle Fusion Applications integrate Oracle’s Instantis solutions into their existing platforms now?
A: Instantis EnterpriseTrack can integrate with Primavera P6, Oracle Fusion Applications, and other solutions through existing Web service APIs. More packaged integrations are on the product development roadmap. The vision is to move from the current, single-vendor EPPM solution to a single-platform EPPM solution by leveraging common cloud-service and Oracle components. At that point there will be a single, converged EPPM services layer for portfolio management, analytics, strategy alignment, and global resource and capacity management. However, there will continue to be a number of PPM-environment-specific configuration options to preserve cultural acceptability for each distinct user community in areas such as idea and demand management, project scheduling, financial modeling, and metrics tracking.

Q: What is the value of cloud computing to users of EPPM applications?
A: Often, cloud-based EPPM solutions are easier to deploy, use, administer, and afford. For example, deployment timeframes for Instantis EnterpriseTrack can be measured in days, not months. Oracle’s Instantis solutions are 100-percent Web based, which means they are easier to use since they are always on—anytime, anywhere—making it simple to support a remote and mobile workforce.

Q: Can EPPM users expect to see future upgrades and innovations to Oracle’s Instantis solutions?
A: Before being acquired by Oracle, Instantis built a 12-year track record of industry firsts and has been recognized by leading industry analysts as being innovative and visionary. With the additional resources being brought to bear under Oracle, it is expected that the rate of innovation will accelerate over time. Oracle is committed to continuous innovation in areas such as dashboards, reporting and analytics, user experience, and social/mobile PPM.

Read the full version of the EPPM Quarterly Newsletter here

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