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Press Release : Innotas Announces Cloud-based Agile Portfolio Management Solution
on 2014/5/15 6:37:43 (1320 reads)
Press Release

Innotas has announced a Cloud-based Agile Portfolio Management solution that delivers portfolio management across agile projects, providing executives, PMOs, and program managers with improved visibility, cost tracking and resource management – resulting in increased strategic alignment and better project ROI. Innotas Agile Portfolio Management easily integrates with a range of agile development tools, such as Atlassian JIRA, giving organizations the flexibility to continue using their existing agile tools for team and project execution, while benefitting from portfolio and program management to meet business objectives.

“Our new Agile Portfolio Management solution is designed to give organizations a better way to manage the agile development process at the program and portfolio level to overcome several challenges – lack of visibility, loss of predictability and limited cost tracking that are usually associated with agile project development,” said Kevin Kern, CEO of Innotas.  “With our new solution, we deliver dashboards and reports for predictable releases, long-term alignment and resource management – helping to keep agile development on track and on budget.”
 
Available immediately, the Innotas Agile Portfolio Management solution delivers:
* Portfolio Visibility and Planning:  Configurable reports and dashboards to analyze development team and project work, such as new features versus maintenance or strategic versus operational.
* Financial and Cost Tracking:  Enables management to measure the true cost of agile projects by translating agile terminology to business terms used to run your business. 
* Resource Management and Time Tracking:  Provides capacity and demand planning capabilities, including ‘what-if” scenarios for insight into cross-team dependencies.
* Strategic Alignment:  Tracks performance against initiatives and goals.  Translates team velocity into predictable release planning and accurate product roadmaps.
 
According to A.T. Kearney research, 23% of agile projects have more than 200 people, causing poor understanding of cross-team dependencies.  Most organizations use traditional (waterfall) business metrics to measure their active work and results against business objectives.  The challenge with agile is that there is no standard process to map between agile and waterfall projects – causing a gap between what development teams can provide and what management needs to know. Alignment and visibility are important in project management success.   In fact, according to a recent Project Management Institute (PMI) study, high performing organizations are 2x more likely to have “high” alignment of projects to organizational strategy.
 
Innotas Agile Portfolio Management supports the popular Scaled Agile Framework® SAFe ™ methodology for scaling enterprise agile projects.  SAFe, a proven, publicly available framework for applying agile practices at scale, was developed by a team of contributors headed by Dean Leffingwell.

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