Cora Systems, a leading provider of enterprise decision-making solutions for predictable revenue and margins, announced today that it has been recognized by industry analyst Gartner in its annual Magic Quadrant for Strategic Portfolio Management report.
“Gartner deﬁnes strategic portfolio management as a set of business capabilities, processes, and supporting technology required for enterprise-wide portfolio management and adaptation, as well as successful digital business transformation and scaling. Strategic portfolio leaders (e.g., IT leaders, business leaders, and EPMO leaders) all require SPM to support enterprise-wide strategy-to-execution alignment and adaptation. SPM technology must allow each of these different leaders to engage in portfolio management activities and decision making in the context matching the role they play in portfolio management activities.”
“Cora gives us that single source of truth to what’s going on in the organization,” said Sarah Malin, Director of Group Operations and Program Management Office, CityFibre. “It also gives us the ability to prioritize what’s really important to us so we can allocate resources and funding for those projects. By helping move us into that strategic position, it’s invaluable.”
CityFibre is a national digital infrastructure platform in the UK, delivering broadband to premises across the country. After installing Cora, it now has the ability to see the health of its portfolio, e.g., from a resourcing point of view; how much change is going on; measuring spend against budget. As a result, it has cut forecasting volatility by over 55%.
Philip Martin, CEO, of Cora Systems, said: “It’s great to get this recognition from Gartner again. We believe it validates the work we’re doing with our clients – in helping them to align strategy with their corporate goals. We want them to be pre-emptive when it comes to making executive decisions that will deliver profitability.”
Ron Mechling, Chief Revenue Officer, said: “We enjoy helping our clients to achieve their corporate objectives. They often face difficult, complex challenges in the day-to-day management of delivering profitable and productive project portfolios. By giving them control and insight, and digitizing their business processes, we can empower them to make better strategic decisions.”
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About Cora Systems
Cora Systems is a worldwide leader in providing enterprise decision-making solutions for predictable revenue and margins to global organizations and government agencies. It helps its clients manage large-scale programs and portfolios of projects, giving project managers and C-level execs the control, governance, and insight to make better decisions. Every day, over $20 billion worth of projects are managed on this platform, supporting hundreds of thousands of users across multiple locations in over 50 countries around the globe. Headquartered in Ireland and with regional offices in Atlanta (GA, USA), Dublin (Ire), and Bedford (UK), Cora Systems’ client roster includes Allergan Pharmaceuticals, Automated Logic, Honeywell, and the UK’s National Health Service.
For more information, visit corasystems.com/client-stories
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