ServiceNow Named as a Leader in Strategic Portfolio Management Tools by Independent Research Firm
September 21 2017 - 8:00AM
Business Wire
ServiceNow (NYSE: NOW) today announced that Forrester Research
Inc., a leading industry analyst firm, has named ServiceNow a
“Leader” in The Forrester Wave™: Strategic Portfolio Management
Tools for Q3 2017 (published Sept. 20, 2017) for its IT Business
Management (ITBM) solution.
ServiceNow received the highest scores possible in the
program/product management, integration support, product strategy,
and partnership ecosystem criteria. ServiceNow scored higher than
any other vendor in the portfolio management criterion.
Furthermore, the report states, “Clients talked about the common
platform, flexible workflow, and configurability as prominent
features that helped them to deliver on strategic technology
portfolios.”
According to Forrester, Strategic Portfolio Management tools are
essential in digital transformation, and that “getting the most
value while keeping waste to a minimum illustrates that companies
need a portfolio-centered approach to strategic planning and
product delivery.”
Earlier this year, ServiceNow launched several new ITBM
applications in their latest release. These new applications give
CIOs a business command center to run their IT organizations like a
business. With visibility into their various project and
application portfolios as well as financial insights into the cost
of delivery, they can better manage resources and budgets to
support the company’s goals.
“To be successful in leading the digital transformation of their
companies, CIOs must closely align the IT organization to the
business,” said Karel van der Poel, general manager, IT Business
Management, ServiceNow. “Recognizing this need, we have made
significant enhancements to our ITBM solutions, including the
addition of Application Portfolio Management, new portals for
significantly improved access to information and a new Software
Asset Management product, so IT leaders can quickly adopt a
business-like approach to plan and deliver products and services to
their customers.”
For this report, Forrester evaluated vendors against 27
criteria, which were grouped into three high-level categories:
Current Offering, Strategy, and Market Presence. The report shows
how each provider measures up and helps enterprise architecture
(EA) and portfolio management office (PMO) professionals make the
right choice. To download the Forrester Wave™: Strategic Portfolio
Management Tools for Q3 2017, Click Here.
For more information on the new ServiceNow ITBM applications,
click here.
Tweet this: #ServiceNow Debuts as a Leader in The @Forrester
Wave™. Read the report: http://bit.ly/2hjfr5c
About ServiceNow
ServiceNow makes work better across the enterprise. Getting
simple stuff done at work can be easy, and getting complex
multi-step tasks completed can be painless. Our applications
automate, predict, digitize and optimize business processes and
tasks, from IT to Customer Service to Security Operation and to
Human Resources, creating a better experience for your employees,
users and customers while transforming your enterprise. ServiceNow
(NYSE:NOW) is how work gets done. For more information,
visit: www.servicenow.com.
©2017 ServiceNow, Inc. All rights reserved. ServiceNow, the
ServiceNow logo, Now, and other ServiceNow marks are trademarks
and/or registered trademarks of ServiceNow, Inc., in the United
States and/or other countries. Other company and product names may
be trademarks of the respective companies with which they are
associated.
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ServiceNowWoodrow Mosqueda, 669-262-2160press@servicenow.com
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