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Follow on Google News | Acquisition News: Changepoint Acquires barometerITLeading SaaS Solution for Integrated Portfolio Planning and Analysis Added to Changepoint’s Business Execution Management Platform
By: Changepoint “The combination of Changepoint’ barometerIT offers integrated portfolio analysis that enables continuous alignment of strategic objectives and operational initiatives. Its unparalleled mapping capabilities deliver real-time views and on-demand executive context on business health, risks, redundancies and investment performance against objectives. This has proven to deliver impactful results in weeks, as compared to the months or years typically expended in corporate enterprise architecture initiatives. The technology enables customers to realize value remarkably faster than other products by leveraging enterprise crowdsourcing to gain accurate and in-depth information from across technology, business, project and human capital portfolios. barometerIT has been widely acknowledged for its innovative approach in achieving cross portfolio enterprise intelligence, resulting in the company’s recognition as a “Visionary” Changepoint will continue to develop barometerIT as an independent offering while tightly integrating its powerful enterprise portfolio management capabilities with Changepoint’ Together, barometerIT and Changepoint enable customers to: · Easily map complex relationships across project, application, technology, service and other business-critical portfolios · Audit enterprise portfolios for security, end of life and compliance risk · Identify business and investment risks/redundancies before they have severe downstream impacts · Better track and migrate IT spending from sustainment to innovation · Continually rationalize investments and align (or re-align) initiatives/ · Improve organizational effectiveness by providing up-to-date visibility into resource, application and technology models across systems with complex interdependencies "Enterprises are evolving their approaches to strategic planning and actively seeking more holistic visibility across their investment, project, asset and service portfolios,” [1] Gartner, Cool Vendors in Program and Portfolio Management, 2014, Robert A. Handler, Jim Duggan, Daniel B. Stang, 2 May 2014. Gartner Magic Quadrant for Integrated IT Portfolio Analysis, 2014, Daniel B. Stang, Jim Duggan, 18 November 2014. About Changepoint Changepoint provides recognized market-leading solutions in Professional Services Automation (PSA) and Project Portfolio Management (PPM) complete with comprehensive and flexible delivery options that meet the various diverse needs of customers of all sizes, from small installations up to the largest and most complex enterprises. Businesses worldwide count on Changepoint solutions to drive smarter business decisions, accelerate innovation and increase efficiencies so they can effectively adapt to today's rapidly changing economic conditions and competitive dynamics. Changepoint maintains operations in North America, Latin America, EMEA and APAC and services customers across six continents. For more information, visit: www.changepoint.com. About barometerIT barometerIT's SaaS-based software maps an enterprise in real-time, effortlessly creating trusted, actionable, high-value information necessary to support application rationalization, IT alignment, portfolio optimization and organizational transparency. For more information visit www.barometerit.com. End
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