July 20166 Editor-in-ChiefManaging EditorEditorial StaffSales Mailing AddressTo subscribe to APACCIOOutlookVisualizersAPACCIOOutlook44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538Visit www.apacciooutlook.comShravan KashyapStephen ThomasLarry KohenRachi V SharmaCopyright © 2016 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.July 22 2016, Volume 2 SE 39 Published by ValleyMedia Inc.Vanessa StewartMadhurima Roy Dean AmbroseRandy GomesAshwani KumarRaksha ThimmaiahDave Barcodave@apacciooutlook.com852.8199.9166 EditorialThe global project and portfolio management industry is growing at breakneck speed. As complexities in projects increase, the market is poised for massive growth as was illustrated by an IDC study. The report concluded that the worldwide project and portfolio management (PPM) market, which grew 3.8% to $3.7 billion in 2014, is expected to grow to $4.9 billion by 2019 with a CAGR of 5.8%. With the extensive proliferation of mobile devices, escalating business optimization needs, and the growing popularity of cloud-based software, the global PPM market is expected to see thriving in the years to come. The world over enterprises are relying more on PPM software and solutions to optimize resource utilization and mitigate risks associated with specific projects. Enterprises are now on the lookout for real time updates for efficient accomplishment of various projects. With BYOD becoming a reality in many companies, this trend will also act as a facilitator for the growth of need of efficient PPM services. Additionally the emergence of cost effective cloud bases PPM solutions becoming commonplace has brought these solutions within the reach of SMEs. With North America winning the largest market share, APAC is expected to record the highest growth in CAGR from 2015 to 2020. The region has been on a development spree with growing awareness among SMEs and increasing investments in cloud and mobility in developing countries such as India, Singapore, and Malaysia.Keeping in mind the need of enterprises to find the right project management solution provider, the current edition of APACCIO Outlook has rounded up 25 of the most promising project management solution providers. These companies are at the forefront of the burgeoning phase of the PPM market. Do let us know your thoughts.Rachi V SharmaManaging Editoreditor@apacciooutlook.comMobile and Cloud to Act as Catalyst for PPM Market's Growth
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