PowerSteering Software Named an 'Innovator' in Info-Tech Research Group's 'Enterprise Project Portfolio Management Vendor Landscape'

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Receives "Exemplary" Rating for Driving User Adoption and Overall Product Strength

Info-Tech Research Group recommends organizations consider PowerSteering to help align PPM with the bottom line and business goals.

PowerSteering Software, the leading provider of business-driven project & portfolio management (PPM) solutions, today announced it was recognized as an Innovator in Info-Tech Research Group’s "Enterprise Project Portfolio Management Vendor Landscape.”

Info-Tech Research Group's Vendor Landscape reports recognize outstanding vendors in the technology marketplace, based on the strength of their offering and their strategy for the enterprise. PowerSteering's PPM product received the highest possible overall rating of "Exemplary," and PowerSteering was one of only two Enterprise Project Portfolio Management vendors to be rated as "Exemplary" for driving user adoption.

One of the key conclusions of the report is that Enterprise Project Portfolio Management (PPM) goes beyond charts and reports to help integrate and streamline processes around entire program lifecycles, from strategy to implementation, across multiple departments.

"To succeed with Project Portfolio Management, you must align your PPM goals, processes, and tools," said Barry Cousins, Senior Research Analyst, Info-Tech Research Group. "PowerSteering was designed to provide top-down visibility and key information that drives business results. Info-Tech Research Group recommends organizations consider PowerSteering to help align PPM with the bottom line and business goals."

"Info-Tech's research highlights several important trends: the shift from a rigid project execution focus to a more strategic emphasis of achieving business objectives; the expansion of PPM from IT to the broader organization; and the importance of user adoption in driving value from PPM tools," noted Stephen Sharp, CEO of PowerSteering Software. "We are pleased to receive such favorable recognition from such a forward-thinking research firm."

About Info-Tech Research Group

With a paid membership of over 8,000 organizations worldwide, Info-Tech Research Group (http://www.infotech.com) is the global leader in providing tactical, practical Information Technology research and analysis. Info-Tech Research Group has a thirteen-year history of delivering quality research and is North America's fastest growing full-service IT analyst firm.

About PowerSteering Software

PowerSteering Software is the leader in business-driven project & portfolio management (PPM) solutions for managing IT Governance, PMOs, Performance Improvement, Product Development, and other strategic initiatives. Its easy-to-use software provides business executives at BayCare, Frito-Lay, Merck, PolyOne, Shaw Industries, UK National Health Service, US Department of Defense, and over 140 other customers with executive visibility, strategy alignment, and team productivity to drive strategy and accelerate results across the organization. PowerSteering was rated “Strong Positive” in the "MarketScope for Project and Portfolio Management Applications" published by Gartner, Inc.

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Linda Duchin