According to a global, independent research study, The PPM Cloud Accelerator Report 2011 commissioned by CA Technologies, project and portfolio management will play an increasingly vital role in driving cloud transformation.
The survey reveals that over the next two years, there will be a 13 percent increase in demand for PPM among organizations to plan and execute successful cloud initiatives.
The survey of 530 organizations and nine countries also found that 41.5 percent of respondents expect the use of public cloud to increase IT project complexity. The proportion of public cloud investment bypassing the control of IT will rise by six percent during the next two years.
“CIOs need to retain visibility and control to ensure the transformative value of cloud computing does not come at a high cost,” explains Helge Scheil, senior vice president, CA Technologies. “The report reinforces the view that PPM solutions are an increasingly important weapon in helping enterprises handle public cloud investments, application migration and governance. With PPM, organizations can begin to align resources, requirements and schedules to continually improve the innovation lifecycle. Moreover, they can determine what is needed, accelerate time-to-value for every investment and clearly demonstrate the transformational value of cloud computing investments.”
By adopting PPM solutions, organizations will be uniquely positioned to manage successful cloud initiatives, increase business agility and innovation, and provide visibility and control over their cloud services portfolio.