Project Management Software assists project managers and their teams in the fulfillment of customer requirements and the management of time, budget, and limits on applicability. However, with several high-quality choices available, it can be challenging to choose the right tool, and customers may often not know where to start. Online project management software is utilized by many small- to medium-sized companies across sectors and leverages cloud-based technologies. This software can be provided through the Software-as-a-Service (SaaS) model by application service providers.
360Quadrants, the most granular comparison platform, has released a quadrant on Project Management Software to help businesses make quicker and more informed decisions. 360Quadrants are generated post analysis of companies (product portfolios and business strategy). Quadrants will be updated every three months based on market and regional analyses and developments in the Project Management Software market. 360Quadrants also lists the top 10 Project Management Software.
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360Quadrants combines inputs from various industry experts, buyers, and vendors, and conducts extensive secondary research inclusive of annual reports, company press releases, investor presentations, white papers, and various directories and databases in order to rate the companies in every quadrant. 360Quadrants conducts an in-depth SWOT analysis and accurately analyzes the companies considered for evaluation. This helps service providers learn about new opportunities and areas where they lag behind their peers. It also helps clients choose the most appropriate vendors for their requirements.
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Project Management Software Quadrant Highlights
360Quadrants evaluated 45 companies in the Project Management Software market, out of which 23 were categorized as Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Companies.
Asana, Smartsheet, Wrike, Airtable, Zoho Projects, Trello, and Monday.com have been identified as Visionary Leaders, as they have established product portfolios and a robust market presence & business strategy.
Oracle, SAP, Apptivo, and Workbook have been identified as Innovators, as they have focused product portfolios and innovative business strategies, with which they are able to set new trends in the market.
Linkd, Teamwork, OpenProject, Redmine, Nifty, Squish, and Breeze have been identified as Emerging Companies, as they have niche product offerings and decent business strategies which help them in having consistent growth.
Flow, Orangescrum, Float, MeisterTask, and Swit have been recognized as Dynamic Differentiators, as they are largely dependent on their competitive R&D activities.
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