Software-as-a-ServiceProject Portfolio Management Solution Helps Organizations Manage Strategic Initiatives and Improve Business Performance
Wellesley, Mass. - May 10, 2010 - THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, announced today that PowerSteeringhas been named the latest winner of the Best of SaaS Showplace (BoSS) Awards program, which is aimed at promoting the measurable business benefits being delivered by today's Software-as-a-Service (SaaS) solutions.
The BoSS Awards is an ongoing program which recognizes SaaS companies that are producing tangible business benefits for specific user organizations. These benefits can include increased sales, lower costs, higher customer satisfaction, faster operations and greater profitability.
PowerSteering provides project portfolio management (PPM) software that helps organizations manage a broad range of strategic initiatives that improve business performance in information technology, new product development, Six Sigma and Operational Excellence, and other business PMOs. IT and business users utilize PowerSteering to achieve better portfolio results through improved alignment of resources against strategic priorities, increased executive visibility of project portfolios, and streamlined execution of project management activities.
Examples of the business benefits gained from PowerSteering's SaaS-based PPM capabilities include:
BayCare Health System, which has reducedproject cycle time by 25% across its network of 10 hospitals and over 18,000 team members;
A business unit of GE, which was able to eliminate the redundant and non-strategic initiatives in their IT portfolio, comprising 10-15% of all projects;
An HR manager at Praxair, who has regained one day a month by reducing the time necessary to track employee training
"We are extremely pleased to be recognized by THINKstrategies and the SaaS Showplace for the business value of our project portfolio management software," said Stephen Sharp, CEO of PowerSteering Software. "This award further validates our focus on combining the cost benefits of SaaS with a feature-rich, highly configurable application to help clients achieve tangible results and ROI."
"Properly prioritizing projects and allocating resources across the enterprise are essential in today's challenging business environment," stated Jeffrey M. Kaplan, the founder of the SaaS Showplace and Managing Director of THINKstrategies, the strategic consulting firm which conceived and administers the Showplace."PowerSteering's versatile SaaS-based PPM solution enables enterprises to cost-effectively address these challenges so they can achieve their business objectives."
Based on the success of the BoSS Awards program which focuses on SaaS solutions, THINKstrategies has launched the Cloud Computing Business Value (CCBV) Awards program to recognize companies which are delivering Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) solutions producing measurable business benefits for their customers. For more information regarding the CCBV Awards, go to http://www.thinkstrategies.com/cloudcomputingawards.html.
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About the Best of SaaS Showplace (BoSS) Awards
The BoSS Award program is an ongoing initiative to identify and promote SaaS, and 'cloud computing', companies which are offering on-demand solutions which are generating measurable business benefits for their customers.
Give enterprise decision-makers a quick directory of the leading SaaS providers and a convenient source of valuable insight regarding SaaS trends.
Give SaaS providers a targeted tool to increase their visibility among enterprise decision-makers, and gain access to key enabling technology suppliers.
Give enabling technology suppliers a specialized platform to increase industry awareness regarding their SaaS solutions.
The SaaS Showplace is now the largest and highest ranked, vendor-independent, online directory and resource center of industry best practices in the SaaS market. For more information, go to www.saas-showplace.com.
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About THINKstrategies, Inc.
THINKstrategies, Inc. is the only strategic consulting services company formed specifically to address the unprecedented business challenges facing IT managers, solutions providers and investors today as the technology industry shifts toward a services orientation.
THINKstrategies' mission is to help our clients re-THINK their corporate strategies, and refocus their limited resources to achieve their business objectives. THINKstrategies helps enterprise decision-makers with their sourcing strategies, IT solutions providers with their marketing strategies, and VCs with their investment strategies.