CIMdata PLM Industry Summary Online Archive
27 January 2009
Product News
Planview Strengthens Commitment to Delivering the Benefits of Portfolio Management to Product Development Organizations
Planview announced new portfolio management products and strategic industry partnerships.
The portfolio management discipline is a proven approach, helping organizations effectively balance customer demands against limited human and financial resources. Organizations focused on creating and delivering products – both tangible and intangible – have only recently begun taking advantage of portfolio management benefits to maximize the value of their product portfolios to overcome the challenges of an increasingly competitive marketplace. Applying portfolio management principles to the product development process delivers benefits including:
• Optimization of the product mix by mapping products to innovation strategy
• Improved time to market by effectively managing resources for efficient product delivery
• Mitigated risk in delivering quality, customer-focused products to market
• Managed lifecycle costs of the product portfolio
Planview is the sole market-leading portfolio management vendor to natively support product development and management within a dedicated solution, which is the only one to tie enterprise strategic goals to the product roadmap, the execution of the projects to deliver that roadmap, and the management of the product portfolio.
Eric van Gemeren, vice president of research and development for Flowserve, sees the benefits. “The Planview portfolio management solution helps us ensure we’re focused on the right product development programs, meet our product launch dates, and maximize revenue growth and margin expansion from new products. The product management solution is uniquely designed to overcome challenges product development groups face every day.”
The Planview approach inspired the creation of new products and enhancements to existing offerings including:
• The new Planview Enterprise Product Portfolio Management application, a purpose-built addition to the Planview Enterprise portfolio management application suite
• The new Requirements Management offering, which links requirements to revenue and customer-driven features
• The enhanced Planview Enterprise Insight Analytics, which makes actionable product development and launch information accessible throughout the enterprise
The Planview Product Development solution has led to the creation of new partnerships, and extensions of existing relationships, with leaders in the product development space. These include:
• A new, exclusive partnership with Strategic Harmony®, an industry innovator in aligning products with brand drivers
• PRTM, a global management consulting firm, which is in process of validating that Planview Enterprise can be configured to support its Product And Cycle-time Excellence® (PACE®) framework for product innovation and development
• Stage-Gate, Inc., as defined in the previously announced certification of Planview Enterprise as Stage-Gate Ready
Planview Enterprise Product Portfolio Management, the Requirements Management Process Accelerator for Planview Enterprise, and the new version of Planview Enterprise Insight Analytics will be generally available with the release of Planview Enterprise 10 at the end of the first quarter of 2009.
Learn more about Planview Enterprise product portfolio management offerings at http://www.planview.com/pdpm.
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