![]() Info-Tech has identified that IT decision makers in mid-sized enterprises are not doing enough to develop formal processes in areas such as project management, vendor management, ROI management, and HR management. For example, ITM Software, an up and comer in this field, has created modules for inventory, financial resource management, PPM, vendor relationship management, compliance, and HR management in its ITM Business Suite. Other vendors have done it all themselves. Mercury Interactive, previously an applications performance management specialist, became a major player in IT management software with its 2003 acquisition of IT PPM specialist, Kintana.Pacific Edge, a vendor with a strong PPM offering, added IT architecture data gathering functionality through a partnership with Troux Technologies.The product features Tivoli integration for Information Technology Information Library (ITIL) support. IBM acquired Systemcorp in 2004 and added IBM Rational Portfolio Manager to its IBM Rational product line.Computer Associates also boosted its profile in IT governance software through the 2005 acquisition of leading IT PPM solution provider, Niku.Compuware added a strong PPM component to its offerings through the acquisition of ChangePoint, and integrated the ChangePoint PPM solution with its existing quality control offerings.Since a number of related tools can equally apply to IT governance, it wasn't much of a leap for vendors to combine these tools and apply the label "IT governance software." In many cases, these suites have been created through mergers and acquisitions. For this reason, vendors have sometimes called their regulatory compliance tools "governance solutions." Governance and regulatory compliance both require documentation and agreed-upon accounting controls for IT. PPM is a critical governance tool.Īnother valuable tool that also fits under the umbrella of governance software is software that helps enterprises with regulatory compliance. For example, Project Portfolio Management (PPM) software offers IT decision makers and business leaders a view of IT as a portfolio of investments that can be measured in terms of strategic value. ![]()
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