Successful project-based businesses excel at deploying their resources across projects to deliver services that have consistent quality while keeping costs and project timelines in check.
This is easier said than done. Coordinating a diverse workforce that may be remote in a changing environment requires superior Project Management (PM) skills. This includes keeping track of a lot of moving parts. As organizations, project lengths, and project teams grow, project management can be daunting for even the best project managers. Aberdeen's research finds that 57% of Best-in-Class organizations utilize project management and reporting tools to account for this challenge. Further, an increasing percentage of organizations deploy these solutions in the cloud as Software as a Service (SaaS), rather than the traditional on-premise model. While cost concerns are always an issue, this may also be because of how the unique benefits of cloud solutions can benefit project-based businesses specifically. This Analyst Insight, based on a survey of 560 project-based businesses, uncovers the adoption rates of SaaS cloud project management solutions, as well as the benefits organizations that have implemented SaaS cloud solutions have seen.
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