Updated May 9, 2022: Cora has been named in the 2022 Gartner Magic Quadrant for Strategic Portfolio Management report. Get complimentary access here
San Jose, CA (26 April 2021):
Cora Systems, a provider of enterprise project and portfolio management solutions, announces today that it has been recognized by industry analysts Gartner in its annual 2021 Magic Quadrant for Strategic Portfolio Management report, which has just been published.
“Gartner defines strategic portfolio management (SPM) 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. IT leaders, business leaders, and enterprise portfolio management office (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.”
According to Gartner, “SPM technology can be used to create portfolios with varying themes and allows users to create, define and map many types of portfolio elements. Users can create multiple types of portfolios, categories, and alignments with focused themes, such as programs, digital products, physical products, business or IT services, projects, and applications. SPM technology can also link and cross-reference elements in different portfolios and categories to support integrated portfolio analysis and tracking.”
“SPM technologies are intentionally separated from the need and use of adaptive project management and reporting technologies, which are focused on supporting an evolving set of detailed project and work execution approaches for continuous delivery.”
In the report, Cora PPM’s scenario creation and comparison tools; the what-if analysis; and dynamic workflow process capability have been recognized. Cora’s companion native mobile apps, for the major mobile platforms; iOS and Android, has been recognized as well. These mobile apps are primarily focused around the daily activities of a user, their approvals, activities, risks assignment, timesheet, and expenses tracking.
Philip Martin, CEO, Cora Systems, said: “This is a game-changer for us. We’ve worked incredibly hard over the last couple of years to get to this position – to be able to eat at the table with the best project and portfolio management providers in the industry. We’ve always had a simple philosophy: we want to help our clients to get their portfolio selection right – and to manage those projects properly so they can make better investment decisions. Cora PPM delivers that ability.”
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
 Gartner Magic Quadrant for Strategic Portfolio Management, Anthony Henderson, Mbula Schoen, Daniel Stang, 22nd April 2021.
About Cora Systems
Cora Systems is a worldwide leader in providing enterprise project and portfolio management solutions 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 San Jose (CA, USA), Dublin (Ire), and Bedford (UK), Cora Systems’ client roster includes Allergan Pharmaceuticals, BT, City of London, Honeywell Building Solutions, and the UK’s National Health Service, in addition to powering the largest transformation program in the history of Irish state at Health Service Executive.
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