SAP and Oracle customers should look to their ERP vendors for IT project and portfolio management, according to a new Gartner Magic Quadrant report.
It ranks the two ERP vendors as challengers in the market for IT project and portfolio management (PPM) applications, which organize and prioritize projects in terms of factors like cost, manpower and time. SAP and Oracle customers, particularly those heavily invested in the financial management software packages, should turn to their respective vendors for PPM because of their ability to leverage data in their existing applications.
Oracle E-Business Suite Financials users can use Oracle Projects not only to calculate project cost but to match project budgets to schedules. Users of SAP ERP Financials and SAP Business Information Warehouse (SAP BW) can do the same with xRPM, an SAP xApp. Customers say xRPM also has good knowledge transfer, product expertise and professional service, according to the report.
"[SAP's and Oracle's] whole strategy is to make sure their installation base isn't eroded by pure-play vendors," said Daniel Stang, the report's co-author and principal analyst with Stamford, Conn.-based Gartner Research.