Austin, TX (PRWEB) August 28, 2013
PowerSteering Software, the leading cloud provider of business-driven project & portfolio management (PPM) solutions and part of Upland Software Inc.’s family of project, portfolio, and work management applications, today announced that version 9.4 of its software has received Stage-Gate Ready Version III Certification from Stage-Gate International, the world’s leading full-service provider of product innovation solutions.
Stage-Gate International’s idea-to-launch process is the most widely-implemented product innovation system in the world today. To become Stage-Gate Ready certified, a software vendor must demonstrate functionality on over 200 innovation-related criteria and provide user references to prove the solution is capable of automating Stage-Gate processes and practices. PowerSteering passed all of the 115 mandatory and 97 optional criteria. This achievement includes the new criteria of the Stage-Gate evaluation covering the automation of process optimization and innovation strategy.
“Stage-Gate Ready Certification, Version III, requires participating software providers to demonstrate functionality that moves beyond the tactical execution of new product development,” says Scott J. Edgett, world renowned innovation expert and CEO of Stage-Gate International. “It addresses the business' need for visibility of their innovation program from the strategic, portfolio and project level, while addressing a level of analysis that supports the continuous improvement of enabling Stage-Gate innovation management processes.”
Project and portfolio management tools can dramatically improve the results of product development efforts by enabling organizations to make better product portfolio decisions, optimize the allocation of R&D resources, and increase the visibility and governance of innovation projects. However, not all PPM systems provide the capabilities required to fully support innovation management. PowerSteering is one of only a handful of vendors to achieve Version III Stage-Gate Ready Certification.
Many of the world’s foremost organizations rely on PowerSteering to support their product development efforts, including:
“We are gratified that Stage-Gate International has again validated PowerSteering’s capabilities in the areas of Idea Management, Product Portfolio Management, Idea-to-Launch Process and Innovation Strategy,” commented Ludwig Melik, President of Upland Software. “We think it is critical for PPM applications that support innovation processes to maintain Stage-Gate Ready certification to verify their software’s abilities are keeping pace with the latest industry best practices for R&D and product development.”
About PowerSteering Software
PowerSteering Software combines the robust project and portfolio management (PPM) functionality demanded by global organizations with the cost & speed-to-value benefits of cloud delivery and an unmatched level of flexibility. Easy to use and administer, it enables top-down program & portfolio management without requiring granular task & resource tracking, and provides class-leading analytic and financial tracking capabilities. Leading global organizations, including Merck, Staples, the US Department of Defense, and the UK National Health Service, rely on PowerSteering to accelerate results in IT, New Product Development, Process Excellence and Business PMOs. PowerSteering is part of the Upland family of cloud-based project, portfolio, and work management software products. Visit http://www.powersteeringsoftware.com for more information.
About Upland Software, Inc
Upland is the world’s largest cloud provider of enterprise software for project, portfolio and work management. Upland is the only cloud software provider that offers a comprehensive family of applications that enable organizations to align their goals, projects and programs, optimize their resource utilization and workflows, and empower teams to collaborate and work effectively. From strategic planning to work execution, Upland drives business results for more than 1,200 enterprise clients with 300,000 active users in 50 plus countries. Visit http://www.uplandsoftware.com for more information.
About Stage-Gate International
Stage-Gate International, a member company of the Product Development Institute, is mandated very specifically to enable product innovators to become better product innovators. Our international team of Product Innovation Experts and Consultants are mentored by Dr. Cooper and Dr. Edgett and understand the complex challenges organizations face. We help companies achieve product innovation through our world-class products and services.
Through its close working relationship with the Product Development Institute, Stage-Gate International has access to the world's most comprehensive research into best practices in Product Innovation. This research has led to some of the most important discoveries in the innovation field; such as, Stage-Gate®, the NewProd™ Studies, and the concept of Portfolio Management. Visit http://www.stage-gate.com for more information.
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For additional information contact:
Upland Software, Inc.
Executive Vice President