Monday, August 31, 2020

Major Applications of the Project Management Software

 Project management software is a computer program that enables project managers and other team members to commence, plan, implement, track, and deliver projects of all sizes and kinds. Project management software has been created to plan and store project responsibilities and events, arrange agendas and deadlines, address project problems, allocate and manage project-related expenses, set up association and support among project members, manage quality, bring together project teams, and manage human resources as well as project updates.


In Automobile Industry

Project Management Software Solutions in the Automotive Industry help in effective association across departments and better decision making processes. The software offers easy, cross-location teamwork and interaction amongst project members and investors in a central web-based project management system. It allows automobile professionals to check on the project progress at any time and from any location. Project Managers can input their tasks centrally in one system. The central system also shows responsibilities, status, and priority as well as company-specific information which can also be accessed by the teams.

They also offer agile boards that allow automobile businesses to control and track workflows in the best way. They can also execute processes and permit easier and intuitive track. The software also provides Agile teams who usually have small development cycles. They repeat quickly to build, measure, and study with each version. With fast user response, they save time and focus on building the right things. Quality Assurance plays a huge role in the automobile industry. Project managing tools get in dedicated Quality assurance teams that work on instant issue tracking and clear communication within the team and across various divisions.

Taking ground-breaking automotive products from initiation through to design, into conception and onto the roads is most often a multifaceted set of rules, actions, calculations, and a horde of projects. A progressive and well-defined project management solution makes this process faster, easier, and more efficient, allowing teams to be more fruitful in their efforts. With project management taken care of, automobile businesses can focus on improving revenue by bringing better products, challenging expectations, and taking control of the market.

In the Construction Industry

Project Management Software in the construction industry manages the preparation, organization, and implementation of a construction project, be it agricultural, housing, commercial, official, engineering, and heavy civil, or environmental. Construction Project Management Solutions generally helps in managing complex tasks that need strong skills in communication, deep awareness of the building process, and the ability to troubleshoot.

Construction project management is a complex field, and it demands experience in several areas like finance, mediation, law, business, and more. There are numerous web, cloud, and mobile apps to reorganize communication, streamline document management, and improve efficiency in construction mgmt. Project Management solutions help the construction industry by providing work managing tools with advanced collaboration tools, by providing tools created specifically for builders and remodelers. It also offers tools designed precisely for housing construction firms and offers project management, preparation, service mgmt, document storage, accounting, and customer managing abilities. Businesses can handle all the communication for their team and subcontractors, easily sharing emails, site photos, project agendas, budgets, and timesheets.

In Chemical Industry

Project Management Tools can help the chemical and petrochemical industry, by maintaining a balance between project lead and project execution teams which otherwise can be disconnected from each other by a long distance. The software also supports the project timeline and help in managing costs by offering local project management expertise.

Project Management Software can help chemical businesses with:

Instrumentation and all associated services.
Ensure steadiness and avoid uncertainties.
Offers enhanced timeline precision.
Enhanced processes, methodologies and tools to support competence and repeatability for risk lessening.
Standardization offers restriction of alterations and decreases the difficulty of execution and reduces MRO costs.

In the IT Industry

Project Management Software helps businesses in the IT industry in planning, organizing, and defining responsibility for the conclusion of a company’s specific information technology (IT) goals. The project management systems supervise IT projects for software development, hardware systems, network updatescloud computing, and virtualization rollouts, business analytics and data management, and other IT services.

Also, with the help of project management tools, personnel working in the information technology industry can monitor their progress, their timeline, fix their tasks better, and record their work more efficiently. These kinds of software are also helpful in resource and budget allocation. It also helps employees, managers, and teams in the IT industry with team managing goals and long-term projects, as well as organizing discrete tasks. The project management system achieves this through a variety of tools to manage workloads, monitor productivity, and allocate resources.

Friday, August 28, 2020

Drug Discovery Services Market - Emerging Innovations to Bring Major Revolutions

 The market will be driven by growing R&D expenditure in the pharmaceutical & biopharmaceutical industry, thus necessitating increasing demand for outsourcing analytical testing and clinical trial services. Initiatives for research on rare diseases and orphan drugs, and focus on drug discovery are driving the growth of the global drug discovery services industry. Growth in biologics, patent expiries and emerging economies are expected to provide a wide range of growth opportunities for players in the market.

The global drug discovery services market size is projected to reach USD 19.1 billion by 2025 from USD 10.7 billion in 2020, at a CAGR of 12.1% from 2020 to 2025.

The study involved four major activities in estimating the current size of the drug discovery services market. Exhaustive secondary research was done to collect information on the market and its different subsegments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

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Small molecule drugs are expected to dominate the drug discovery services market in 2020.

Based on drug type, the drug discovery services market is segmented into small-molecule drugs and biologic drugs. In 2020, small molecule drugs are expected to account for the largest market share as small-molecule drugs are simple, well-defined, and easy to characterize. Due to these features, they can quickly enter cells, affect molecules, and cause cancer cells to die.

Recent Developments:

In 2019, Charles River (US) and CHDI Foundation, Inc. (US), Extended collaboration on drug discovery and development for Huntington’s Disease by five years.

In 2019, Laboratory Corporation of America Holdings’s (US) opened the Covance Drug Development segment opened a new R&D Center in Shanghai, China—its largest facility in the Asia Pacific. This will help the company to grow its business in China and the APAC.

Medicinal Chemistry expected to dominate the drug discovery services market in 2020

Based on type, the drug discovery services market is segmented into medicinal chemistry services, biology services, and drug metabolism and pharmacokinetics (DMPK). Of all these type segments, the medicinal chemistry services segment is estimated to account for the largest share of the drug discovery services market in 2020. The large share of this segment is due to factors such as the widespread application of medicinal chemistry in various phases of preclinical drug discovery to deliver robust candidates. Furthermore, the extensive usage of medicinal chemistry in academics, biotechnology companies, and large pharmaceutical companies are also supporting market growth.

Key Questions Addressed in the Report:

What are the growth opportunities in the market across major regions in the future?
Emerging countries have immense opportunities for the growth and adoption of drug discovery services. Will this scenario continue during the next five years?
What are the various drug discovery services and their respective market shares in the overall market?
What are the new trends and advancements in the market?

North America is expected to command the largest share of the drug discovery services market in 2020.

Based on the region, the global drug discovery services market is segmented into North America, Europe, the Asia Pacific, and Rest of the World. In 2020, North America is expected to command the largest share of the drug discovery services market. The large share of this market segment can be attributed majorly to the presence of well-established CROs, rising R&D expenditure by pharmaceutical & biopharmaceutical companies, and the availability of latest techniques, instruments, and facilities for drug discovery research.

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The major players operating in this market Laboratory Corporation of America Holdings (US), Albany Molecular Research, Inc. (US), Charles River Laboratories International, Inc. (US), Evotec SE (Germany), Eurofins Scientific (Luxembourg), WuXi AppTec (China), GenScript Biotech Corporation (China), Thermo Fisher Scientific, Inc. (US), Pharmaceutical Product Development, LLC (US), Syngene International Ltd. (India), and Selvita S.A. (Poland) among others.

Thursday, August 27, 2020

Top 10 Best Project Management Software – All You Need to Know

Project management software is a computer program that enables project managers and other team members to commence, plan, implement, track, and deliver projects of all sizes and kinds. Project management software has been created to plan and store project responsibilities and events, arrange agendas and deadlines, address project problems, allocate and manage project-related expenses, set up association and support among project members, manage quality, bring together project teams, and manage human resources as well as project updates. The best project management software allows businesses to manage their projects through all the phases of the project lifecycle, right from project ideation and commencement to project implementation and conclusion.

360Quadrants has released a quadrant on best project management software to help businesses make quicker and more informed decisions. Ranking quadrants are generated post analysis of companies (product portfolios and business strategies) and will be updated every three months based on market and regional analyses and developments in the project management industry. 360Quadrants conducts an in-depth SWOT analysis that helps service providers learn about new opportunities and areas where they lag behind their peers. It also helps clients choose the most appropriate vendor for their requirements.

Top 10 Software - Know More Details Below: 

Airtable – It is a digital application that motivates people to create the tools they need to accelerate creativity and make their teams more agile. Airtable puts the strength of a scalable platform in the creator’s pocket…. Read More

Zoho Projects – It is a program that allows users to schedule the projects and keep track of success. This also helps the team people to interact effectively, share concepts, and keep up-to-date. This allows for quality results to be delivered on time…. Read More

Smartsheet - It is built to harness the rewards of greater job resilience and teamwork by offering a dynamic forum for companies to prepare, document, track, organize, and report on jobs. Smartsheet encourages teams to execute quickly and responsibly and to make smarter choices, quicker…. Read More

Asana – It helps organizations plan and executes their work from routine tasks to strategic decisions. Using Asana, people become more comfortable, going quicker and doing more in fewer, irrespective of where they are based…. Read More

Basecamp – It is all-in-one, combining multiple roles into one, leading to a massive, dynamic network. This provides simple resources that include the ability to accurately handle the job, monitor ongoing assignments, and file sharing, real-time communications programs, timetable control, and achievement monitoring…. Read More

monday.com - It is a cloud-based Office Ecosystem where teams build automation software to manage their systems, tasks, and everyday jobs in minutes. Teams develop their frameworks and tasks, code-free, with a system that easily adapts to evolving demands, relieves employees from repetitive manual work, and integrates teams in a shared workspace…. Read More

Teamwork – It is an application for the work and project for those who choose to control the overall plan. It keeps track of the specifics of all the tools users need to prepare, focus on, and produce the job so that the creativity of the staff can be liberated to generate the values that are important to the company…. Read More

Trello – It is a collaborative tool mainly used with careful attention to plan and coordinate comprehensive activities. It is usually used by companies and provides virtual forums where many individuals can work together and exchange ideas. Embedded in software, it allows eliminating the necessity to execute normal and routine activities to reduce and achieve further research within a timely fashion…. Read More

Wrike – It is the first collaborative project managing tool for large enterprises that lets businesses perform their best work — regardless of where their workers are located. So many of leading companies leverage Wrike to link globally scattered teams to maintain the coordination, mobility, the adaptability of their whole organizations…. Read More

Workfront – It is the first advanced system for the project to organize all the information in one place. Workfront offers executives and managers the ability to streamline demands, schedule and organize tasks, monitor operations, track properties remotely, and update on work…. Read More

ABOUT 360QUADRANTS

360Quadrants is the largest marketplace looking to disrupt USD 3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.

360Quadrants will also be launching quadrants in fields like Accounting SoftwareEmbedded Systems, and Virtual Machine Software.

Contact:
Mr. Agney Sugla
630 Dundee Road,
Suite 430 Northbrook,
IL 60062
USA: +1-888-600-6441

Wednesday, August 26, 2020

Cell Viability Assays Market - Major Surge in Revenue is Expected by 2023

 Research Methodology Used for This Study:

Top-down and bottom-up approaches were used to validate the size of the global cell viability assays market and estimate the size of other dependent sub markets. Various secondary sources such as directories; industry journals; databases such as D&B Hoovers, Bloomberg Business, and Factiva; and annual reports of companies have been used to identify and collect information useful for the study of this market. Primary sources such as experts from both the supply and demand sides have been interviewed to obtain and validate information as well as to assess the dynamics of this market.

Target Audience:

Manufacturers of cell viability instruments and consumables
Distributors of cell viability instruments and consumables
Research and development organizations
Hospitals and clinics
Diagnostic centers
Market research and consulting firms
Venture capitalists and investors

The cell viability assays market is expected to reach USD 4.16 billion by 2023 from an estimated USD 2.78 billion in 2018, at a CAGR of 8.4%.

The major factors driving the growth of this market include the rising incidence and prevalence of chronic and infectious diseases, growing availability of funds for research, rising demand for cell-based assays in research, and increasing focus on the development of cell-based therapeutics.

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By
 application, the drug discovery & development application segment is estimated to hold the largest share in 2018

Based on application, the cell viability assays market is segmented into drug discovery & development, basic research, stem cell research, clinical & diagnostic applications, and other applications. In 2018, the drug discovery & development application segment is expected to account for the largest share of the global cell viability assays market. The large share of this segment can be attributed to the rising incidence and prevalence of chronic and infectious diseases and increasing government support for developing new treatments for various human diseases.

Objectives of the Study:

To define, describe, segment, and forecast the global cell viability assays market by product, application, cell type, end user, and region.

To provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges).

To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market.

To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players.

To forecast the size of the cell viability assays market in five main regions (along with major countries) North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

To profile key players in the global cell viability assays market and comprehensively analyze their core competencies and market shares.

To track and analyze competitive developments such as mergers and acquisitions; new product/technology launches; expansions; collaborations and agreements; and R&D activities of the leading players in the global cell viability assays industry.

By end user, the pharmaceutical and biotechnology companies segment is estimated to hold the largest share of the cell viability assays market in 2018

On the basis of end user, the cell viability assays market is segmented into pharmaceutical and biotechnology companies, hospital and diagnostic laboratories, academic and research institutes, and other end users (food and beverage companies and environmental testing companies). The pharmaceutical and biotechnology companies segment is expected to account for the largest share in 2018. The large share of this segment can be attributed to the increasing number of R&D activities undertaken by these companies for the development of biopharmaceutical products.

Major Growth Restraint:
High Cost of Instruments

Opportunities:
Emerging Markets
Growing Focus on Stem Cell Research

North America to dominate the market in 2018

North America is expected to account for the largest share of the cell viability assays market in 2018, followed by Europe and Asia Pacific. The growing incidence rate of various infectious diseases, investment initiatives by the government, and the high-quality infrastructure for clinical and laboratory research are the major factors responsible for the large share of the North American cell viability assays market. Moreover, a number of major global players are based in the US, owing to which, the US is a center for innovation in the cell viability assays market.

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Global Industry Leaders:

Players in the global cell viability assays market, such as Thermo Fisher Scientific (US), Bio-Rad Laboratories (US), Merck (Germany), GE Healthcare (US), BioTek Instruments (US), PerkinElmer (US), Promega Corporation (US), Biotium (US), Abcam plc (UK), Canvax (Spain), Abnova (Taiwan), G-Biosciences (US), Creative Bioarray (US), Danaher Corporation (US), and Becton, Dickinson and Company (US).

These leaders are focusing on increasing their presence in the high-growth markets through both organic as well as inorganic growth strategies of product launches, expansions, agreements, collaborations, and acquisitions.

Monday, August 24, 2020

Project Management Software - A Major Revolution is Underway

Project management software is a computer program that enables project managers and other team members to commence, plan, implement, track, and deliver projects of all sizes and kinds. Project management software has been created to plan and store project responsibilities and events, arrange agendas and deadlines, address project problems, allocate and manage project-related expenses, set up association and support among project members, manage quality, bring together project teams, and manage human resources as well as project updates. The best project management software allows businesses to manage their projects through all the phases of the project lifecycle, right from project ideation and commencement to project implementation and conclusion.

CATEGORIZATION OF PROJECT MANAGEMENT SOFTWARE PROVIDERS

360Quadrants evaluated 45 companies in the best Project Management Software market, out of which 18 were categorized as Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Companies.

AsanaSmartsheet, Wrike, Airtable, Zoho Projects, Trello, Basecamp, MeisterTask, ClickUp, Teamwork, WorkFront, Aha! and Monday.com have been identified as Visionary Leaders, as they have established product portfolios and a robust market presence & business strategy.

Proofhub, and Teamleader have been identified as Innovators, as they have focused product portfolios and innovative business strategies.

Redmine has been identified as Emerging Companies, as they have niche product offerings and decent business strategies.

Flow, Freedcamp, EasyProjects and Thrive have been recognized as Dynamic Differentiators, as they are largely dependent on their competitive R&D activities.

360Quadrants has released a quadrant on best project management software to help businesses make quicker and more informed decisions. Ranking quadrants are generated post analysis of companies (product portfolios and business strategies) and will be updated every three months based on market and regional analyses and developments in the project management industry. 360Quadrants conducts an in-depth SWOT analysis that helps service providers learn about new opportunities and areas where they lag behind their peers. It also helps clients choose the most appropriate vendor for their requirements.

360QUADRANTS COMPANY EVALUATION METHODOLOGY

The top companies in the Project Management Software market will be rated using the following methodology:

1. A highly experienced team of researchers and senior analysts conducts extensive research to generate a list of vendors (competitors).

2. A patent-pending algorithm is used to collect inputs from key stakeholders—industry experts, buyers, vendors, and 360Quadrants analysts—based on criteria for Product Maturity and Company Maturity.

a. Criteria under Product Maturity include breadth and depth of product/service offering, product features and functionalities, product differentiation, and their impact on customer value.
b. Criteria under Company Maturity include geographical footprint, partner ecosystem, financial stability, and client coverage or sector footprint.

3. Approximately 20+ in-depth parameters will be considered for research into the Project Management Software market. These parameters will be updated every six months to ensure the latest developments are taken into consideration.

4. A weight is assigned to each stakeholder based on information gathered pertaining to the above criteria as well as inputs from stakeholders. These inputs follow the order of priority given below:

a. Buyers
b. Industry Experts
c. 360Quadrants Analysts
d. Vendors (Competitors)

5. The inputs are analysed, and a final rating is assigned to each vendor (competitor).

6. After the finalization of ratings, each vendor is placed in the most relevant quadrant based on their score.

ABOUT 360QUADRANTS

360Quadrants is the largest marketplace looking to disrupt USD 3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.

360Quadrants will also be launching quadrants in fields like Accounting SoftwareEmbedded Systems, and Virtual Machine Software.

Contact:
Mr. Agney Sugla
630 Dundee Road,
Suite 430 Northbrook,
IL 60062
USA: +1-888-600-6441

Global ePrescribing Market - Major Growth Trends to Boost Global Revenue

The study involved four major activities in estimating the size of the global ePrescribing market. Exhaustive secondary research was done to collect information on the utilization of different solutions and their regional utilization trends. Industry experts further validated the data obtained through secondary research through primary research.

The global ePrescribing market size is projected to reach USD 3.3 billion by 2025 from USD 1.2 billion in 2020, at a CAGR of 23.3%.

Furthermore, the market size estimates and forecast provided in this study are derived through a mix of the bottom-up approach (country-level adoption of various EHR solutions and utilization of ePrescribing funcitonality) and top-down approach (assessment of utilization/adoption/penetration trends, by type of product& service, delivery mode, end user, and region). After that, market breakdown and data triangulation methods were used to estimate the market size of segments and subsegments.

Factors such as the increasing adoption of EHR solutions, government initiatives and incentive programs, rising focus on reducing the abuse of controlled substances, increasing focus on reducing medical errors, and the need to curtail the escalating healthcare costs are driving the growth of the e-prescribing market.

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Additionally, the onset of the COVID-19 pandemic has accelerated the use of telemedicine modules and telehealth consultations. This is further driving the adoption of e-prescribing solutions. However, the high cost of deploying e-prescribing solutions, reluctance among healthcare professionals to adopt these solutions, and concerns regarding security and workflow are expected to restrain the growth of this market to a certain extent during the forecast period.

Recent Developments:

In April 2020, DrFirst (US) partnered with ID.me (US) to help users of the company’s e-prescribe app to verify their identities within a few minutes. This is expected to speed up the process for clinicians to prescribe drugs.

In July 2019, NextGen Healthcare(US) announced its partnership with Optimize Rx (US) to provide real-time access to critical financial information, allowing providers to help patients choose appropriate medication plans, as per their cover and budgets. This tool has been integrated with the company’s ehr workflow.

In june 2019, Allscripts (US) acquired ZappRx (US) to help Veradigm’s e-prescribing solutions by integrating it with the automate prior authorization platform, thus adding value to its existing platform.

The solutions accounted for the largest share of the ePrescribing market, by type of product & service, in 2019.

Based on product and service, the e-prescribing market is segmented into solutions and services. The solutions segment is further categorized as integrated and standalone solutions, and the services segment is categorized as network, support and maintenance, implementation, and training and education services. In 2019, the solutions segment accounted for the largest share of the e-prescribing market. The large share of the solutions segment can be attributed to the growing focus on minimizing the abuse of controlled substances, increasing adoption of e-prescribing, government initiatives and incentive programs to increase the adoption of e-prescribing solutions.

North America will continue to dominate the ePrescribing market in 2025

In 2019, the large share of this North American region can be attributed to the stringent legislative and accreditation requirements regarding healthcare, high adoption of HCIT technologies, regulatory requirements regarding patient safety, and the presence of a large number of e-prescribing solution providers in the region.

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Major Leaders:

Major players in this market pursued the strategies of agreements, collaborations, and partnerships as their growth strategies.

Prominent players in the global e-prescribing market are Epic Systems Corporation (US), Cerner Corporation (US), Allscripts (US), NextGen Healthcare (US), athenahealth, Inc. (US), RelayHealth, LLC (US), Henry Schein, Inc. (US), GE Healthcare (US), Computer Programs and Systems Inc. (US), DrFirst, Inc. (US), Surescripts-RxHub, LLC (US), and Medical Information Technology, Inc. (US).

Friday, August 21, 2020

Top 5 Reasons To Use A Project Management Software

Project management software helps project managers and other team members associated with projects, to plan, manage and deliver projects of all sizes and kinds. Project management software has been created to plan and store project tasks and events, arrange agendas and deadlines, address project problems, allocate and manage project related expenses, set-up association and support amongst project members, manage quality, bring together project teams and manage human resources, as well as project updates. Best Project management software allows organizations to handle their projects through all the stages of project life cycle, right from project ideation and commencement to project implementation and conclusion.


MAJOR USES OF PROJECT MANAGEMENT SOFTWARE

Use: Planning

Description:


A project management software helps users to plan the approach of a project from ideation to completion. It helps in: Defining a feasible approach for the project and helps in picturing the activities that are codependent; summarizing the project agenda and setting-up deadlines; and sorting critical tasks and assigning relevant resources for each task.

Use: Task Management

Description:


One of the critical functions of a best project management software is to facilitate users in managing tasks and monitoring them. In several cases, this is the main functionality that project managers expect a project management software to do. This function can be used right on to the unit level to the macro level. Users may deploy a robust software for complicated projects or simple software for small projects. The software helps in managing staff and resources, tasks, delivery deadlines, and results. Project Management Software usually come equipped with a visual interface that enables users to know more about the team’s skills and assign them with relevant tasks.

Use: Collaboration

Description:


Working in collaboration with team members, dealers, senior leadership, and other participants is very important for successful completion of any project. Collaboration is possible amongst people operating from the same location or even amongst the participants operating from different locations but working for a same project. Several project management software offer robust tools and functionalities that allow users to share and store documents, interact over the cloud via multiple channels including VoIP, email, IM, wikis, etc.

Use: Manage Priorities

Description:


Project timetable always have the possibility to diverge from the agreed plan due to an unexpected event or additions or modifications to the project. In such situation, it is important that the project members remain well aware of the tasks to be completed. Most of the project management software come equipped with a basic calendaring feature, which allow project members to quickly complete deliverables by arranging agendas of teams that work on codependent tasks. Users can also monitor and sort the tasks that are essential for other tasks during planning and halfway to the project, when changes can influence on the original plan.

Use: Address Issues

Description:


Some highly technical and complicated projects most probably encounter problems that can alter the project delivery deadlines or the entire deliverable. These issues can anything from bugs, to breakdowns, or gaps that arise post the completion of a task or the project. Some dedicated Project management software have the capability to track bugs and recognize the root cause of the problem which also helps users in addressing the issue within time.

Bottom line

Above mentioned uses of project management software help in keep all the project participants focused. With new technologies and innovations evolving every day, an assortment of templates are readily available which help in managing projects right from the start till the time they are delivered.

With the growing size of businesses and more people being associated, deploying a project management software can be beneficial for the business as well as the employees. A best project management software always helps in improving performance, workflows, enhances team collaboration, etc. It has certainly become an essential factors in successfully completing and delivering projects.

Suggested Read: Top 8 Project Management Software in 2020

360QUADRANTS SCORING METHODOLOGY

The top companies in the best Project Management Software market will be rated using the following methodology:

1. A highly experienced team of researchers and senior analysts conducts extensive research to generate a list of vendors (competitors).

2. A patent-pending algorithm is used to collect inputs from key stakeholders—industry experts, buyers, vendors, and 360Quadrants analysts—based on criteria for Strength of Product Portfolio and Business Strategy Excellence.

a. Criteria under Strength of Product Portfolio include breadth and depth of product/service offering, product features and functionalities, product differentiation, and their impact on customer value.
b. Criteria under Business Strategy Excellence include geographical footprint, partner ecosystem, financial stability, and client coverage or sector footprint.

3. Approximately 90+ in-depth parameters will be considered for research into the best Project Management Software market. These parameters will be updated every six months to ensure the latest developments are taken into consideration.

4. A weight is assigned to each stakeholder based on information gathered pertaining to the above criteria as well as inputs from stakeholders. These inputs follow the order of priority given below:

a. Buyers
b. Industry Experts
c. 360Quadrants Analysts
d. Vendors (Competitors)

5. The inputs are analyzed, and a final rating is assigned to each vendor (competitor).

6. After the finalization of ratings, each vendor is placed in the most relevant quadrant based on its score.

ABOUT 360QUADRANTS

360Quadrants 
is the largest marketplace looking to disrupt USD 3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across various markets.

360Quadrants will also be launching quadrants in fields like Accounting SoftwareEmbedded Systems, and Virtual Machine Software.

Contact:
Mr. Agney Sugla
agney@marketsandmarkets.com
630 Dundee Road, Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441