Software AG Positioned as a Leader in Strategic Portfolio Management (SPM) by Independent Research Firm
Darmstadt, Germany – Software AG today announced that it has been named a ‘Leader’ by Forrester Research Inc., a leading industry analyst firm, in The Forrester Wave™: Strategic Portfolio Management Tools, Q1 2022 (published on Feb.15, 2022)1 for its Alfabet solution.
The report cites Software AG as combining “robust strategy planning and strategic and lean portfolio management with enterprise architecture and agile financial planning. Software AG excels in the increasingly integrated business and technology planning that business agility requires. Software AG targets integrating strategy and execution in agile organizations without leaving customers who have legacy or hybrid delivery practices in the cold.”
Dr. Stefan Sigg, Chief Product Officer, Software AG, said: “We are pleased with Forrester’s recognition of Software AG as a Leader in their SPM market evaluation. Companies across the globe are feeling the pressure to sustainably outperform with innovation. Agility in decision-making and delivery are key. We believe Alfabet is a proven solution and the market leader in providing the insights necessary for perpetual innovation readiness.”
Commenting on Software AG’s capabilities, the report says, ”As the vendor continues to expand its reach into strategic planning, its collaboration capabilities are a differentiator bringing non-power users to the table. AI and ML capabilities provide another differentiator, supplying portfolio diagnostics, data quality assessments, and feedback to support better decision-making. Solid integration with delivery tools supports organizations in building a cohesive planning and delivery ecosystem.”
Success in digital business transformation relies heavily on the cooperative efforts of business innovators and their IT peers. Business strategy and goals must be vetted against the current technology portfolio to understand what changes are needed to ensure desired business outcomes - the purpose of SPM. In making relevant SPM conversations available to business peers by embedding them into the collaboration platforms they use, such as Alfabet does with Microsoft Teams, customers can leverage the wealth of collective knowledge in the organization for making better change decisions.
Software AG’s Alfabet for strategic portfolio management is a collaborative planning platform enabling all stakeholders to interface, communicate and consider multiple perspectives when making business and IT transformation decisions as well as prioritize investments based on alignment with business strategy.
Alfabet also embeds AI technology into its portfolio analysis capabilities to make portfolio insights readily accessible and easily digestible for business users. This facilitates business participation in IT transformation decisions to closely align change plans with business objectives..
A complimentary copy of the report is available here.
1 “The Forrester Wave™: Strategic Portfolio Management Tools, Q1 2022, The 11 SPM Providers That Matter Most And How They Stack Up”, by Margo Visitacion
About Software AG
Software AG is the software pioneer of a truly connected world. Since 1969, it has helped 10,000+ organizations use software to connect people, departments, systems and devices. Software AG empowers truly connected enterprises using integration & APIs, IoT & analytics and business & IT transformation. Software AG’s products establish a fluid flow of data that allows everything and everyone to work together. The company has more than 4,700 employees across more than 70 countries and annual revenue of over €800m, with the aim of exceeding €1bn by 2023.