Distributed project management market to top $1 Billion this year -trend to P2PSan Fransisco 23 May 2001 Collaborative Strategies LLC (CS), an industry analyst and advisory firm focused on electronic collaboration and knowledge management, released Distributed Project Management: Update 2001; it profiles almost 30 different vendors, and also examines ten trends that are shaping the rapidly evolving distributed project management (DPM) market. On is the movement towards peer-to-peer (P2P) or hybrid (client-server/P2P) products.
The ten trends covered in the report are:
1. The movement from data-focused project management (PM) to people-focused DPM
2. The shift from planning to doing/executing
3. The movement from complex, desktop-based systems to easy-to-use,
browser-based systems
4. The shift from local, simple projects to distributed, complex projects
5. The incorporation of knowledge management (KM) principles into DPM tools and
methodologies
6. The expansion of the DPM market
7. The maturation/consolidation of the DPM market
8. The integration of process and PM capabilities
9. The ability to support ad-hoc as well as production processes and projects
10. The movement towards peer-to-peer (P2P) or hybrid (client-server/P2P)
architectures for DPM
The second section of the report, called "Managing Projects in a Distributed
World", looks at best practices for distributed project teams that need to
collaborate or share knowledge to complete a project on time and on budget.
The third section of the report profiles 28 DPM vendors; some of these profiles
are updates from CS' DPM report released in June of 2000, but almost half of the
profiles are of vendors that are new or were not profiled in the original
report. "There has been an enormous amount of change in the DPM market over the last
year," notes Managing Director and report author David Coleman. "Once the IPO
window got painted shut last November, the only way out for many companies
funded by venture capital investments was through a merger with a company that
was already public. We believe this drove some of the frantic merger activity
that has been taking place recently. We believe that these and other market and
technology pressures for consolidation will be so intense that only eight
general DPM vendors will be left in the market by the end of 2003."
The Executive Summary for this report is available on CS' Web site
http://www.collaborate.com/news/dpm2001v1es.html.
Ad Emmen |
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