|By Business Wire||
|May 29, 2014 09:47 AM EDT||
GenSight, a leading provider of Portfolio and Resource Management solutions, has been included in the list of "Cool Vendors" in the Cool Vendors in Program and Portfolio Management, 2014 report by Gartner, Inc., published on May 2nd by Robert Handler, Jim Duggan and Daniel Stang.
GenSight takes an interesting approach to portfolio management, compared to other traditional PPM vendors, by offering a complete solution including Business Process Design, Enterprise Software and Change Management to assist its customers in improving their Portfolio, Resource, Stage-Gate and Project Management capabilities. GenSight employs advanced analytics and data visualization to allow organizations to manage the complexity of the portfolio decision making process, including portfolio optimization and simulation, 3-D bubble charts, portfolio animation and multivariate portfolio models, to arrive at the optimal portfolio mix that will deliver organizational strategic goals, within their resource constraints.
GenSight’s solution ensures that organizational leadership have the right data at hand to answers two very important but often complex questions: 1) Do they have projects in the portfolio to deliver strategic goals and 2) Do they have enough appropriate resources to execute the portfolio. Research shows that these two questions are the principle reasons why smart managers find it difficult to make the bests decisions regarding project selection, and why organizations have been losing maturity in strategic decision making, while gaining maturity in project execution.
“We consider our inclusion in the Cool Vendor report by Gartner confirmation of our ability to align our client organizations around a systematic approach to strategic choice and resource optimization,” said Michael Menard, President and Co-founder of GenSight. “We continue to innovate while we execute on our product roadmap. With the recent release of GenSight’s Version 8.5 Enterprise Software, we have delivered a truly revolutionary product that is changing the face of the Portfolio Management industry, and has further enhanced our market position.”
GenSight has been a leading provider of a leading provider of Portfolio and Resource Management solutions across industries, including High-Technology, Consumer Goods, Life Science; including Pharmaceutical, Bio-Technology and Medical Device & Diagnostics, Chemical Manufacturing, and Energy. GenSight’s approach has been applied to New Product Development Portfolio Management (NPDP), Sustainability Portfolio Management, Information Technology Portfolio Management (IT PPM), Corporate Giving Portfolio Management and Business Portfolio Management to name a few. Additionally, GenSight is the fastest growing top-down portfolio management provider and is ranked #1, #2, or #3 by all industry analysts.
GenSight is the world’s leading Enterprise Portfolio management solution. The industry’s only complete platform to enable users to master the complexities of Portfolio Optimization by combining business process consulting, best-of-breed technology and change management. The GenSight approach guides users through the process to ensure they’re investing their resource efficiently and executing the right projects to deliver organizations’ overall strategic objectives. The flexibility of GenSight’s solution provides a completely integrated platform with holistic visibility into the deployment of the organization's resources, and the effect of that deployment on innovation, strategy and profitable growth. Organizations that have deployed the GenSight solution include Johnson and Johnson, Suncor Energy, Pfizer, Cisco, Natura, Westinghouse, GlaxoSmithKline and the US Department of Energy.
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. 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, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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