The Future of IT Project Management Software

Thursday Jan 7th 2010 by Staff

Thanks to the economic downturn and technology trends like SaaS, the future looks bright for IT project management software. As organizations tighten their belts during lean economic times, they often turn to IT project management software as a way to increase efficiency. At the same time, trends toward SaaS and open-source are also good for Project Management Software providers. Overall, Forrester Research places the market for project management software and services at $1.2 billion annually, And IDC expects the project portfolio management software and services market to reach $4.2 billion by 2013.
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