Changepoint, a leading provider of solutions for project portfolio management (PPM), enterprise portfolio management (EPM) and professional services automation (PSA), today announced the launch of its new Business Execution Management Platform, designed to better align strategy and execution for improved business agility and performance.
Although technologies, markets, and organizations are constantly evolving, most business processes are largely static and designed to address yesterday's needs and challenges. Not surprisingly, the 2014 Society for Information Management IT Key Issues and Trends Study found business alignment and agility topped the list of IT management issues and concerns. With adaptation to change and business agility developing into strategic imperatives, a shift is taking place as organizations become more digitalized. This digitization is elevating focus from tactical and operational IT issues, such as cost reduction, to more strategic priorities, including IT time-to-market. It also necessitates a nimble technology infrastructure capable of keeping strategy and execution continuously connected as business changes and pivots occur.
"Enterprises are looking for a higher level of sophistication in the development of their project and work management strategy today. They now require predictive product solutions that ensure they're not only managing projects right, but managing the right projects from the start," said Mark Upson, President of Changepoint. "Changepoint's Business Execution Management Platform puts business leaders in the driver's seat in this digital age by delivering the strategic insight and oversight required to make more informed decisions and continuously improve business outcomes."
Changepoint's Business Execution Management™ (BEM) Platform brings together a comprehensive set of solutions to synchronize overall business strategy with execution to enable businesses to meet industry demands that require improved agility and performance across the enterprise. The BEM platform seamlessly provides decision makers with end-to-end visibility up and down organizational work layers and across portfolios of every type. Its ecosystem of highly integrated and independently robust solutions brings fragmented business silos together to close conventional gaps between planning and downstream work management.
"Changepoint is providing us unparalleled transparency into our enterprise portfolio investments," said Brian Lloyd, Director of Enterprise Architecture at Veterans United Home Loans.
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