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Strategic Portfolio Management (SPM)

Our Strategic Portfolio Management solutions will help you manage projects effectively, utilize resources optimally, and achieve your strategic goals for sustainable growth and increased competitiveness.

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Successful project and resource management with Strategic Portfolio Management

Strategic Portfolio Management (SPM) comprises methods and tools to effectively manage projects, optimize the use of resources and achieve strategic goals. SPM creates transparency, a basis for making well-founded decisions — for long-term growth and competitiveness. SPM defines how projects are prioritized and managed to ensure high efficiency and effectiveness.

 

Strategic Portfolio Management from ServiceNow, formerly IT Business Management (ServiceNow ITBM), is a cloud-based tool that helps companies successfully plan, prioritize, monitor and optimize their portfolios of projects, products, programs and strategic investments. ServiceNow SPM provides managers with a clear overview and control to ensure that projects and initiatives are strategically aligned. This helps them to achieve business goals, control costs, increase transparency across the entire project lifecycle and utilize resources proficiently. The SPM software is particularly suitable for companies that want to effectively manage and financially prioritize their business initiatives in order to generate measurable business value. ServiceNow SPM was named Leader of Strategic Portfolio Management Tools in 2024.

 

FROX accompanies companies through the entire process, from consulting to implementation and support of suitable SPM solutions and processes.

Powerful features for your Strategic Portfolio Management

Strategic Portfolio Management from ServiceNow is a comprehensive solution for the strategic planning and management of corporate portfolios. With a wide range of functions, ServiceNow SPM helps companies to manage investments efficiently, achieve strategic goals and maximize productivity.

Agile development

Monitor and manage the entire development cycle in a centralized backlog management system.

Demand management

Centralize the collection, analysis, and management of demand data to maintain an overview of company requirements.

Digital portfolio management

Make informed decisions with a unified view of all your services, products, and applications.

Innovation management

Collect new ideas from all areas of your company in one central location.

Investment financing

Manage financial resources based on your company's business requirements and strategic goals.

Collaborative work management

Encourage teamwork and simplify tasks with a central hub for planning, visualization and collaboration.

Now Assist for SPM

Use generative AI (GenAI) to overcome obstacles and create added value for customers faster.

Performance analytics

Use real-time analytics to predict trends, prioritize resources and continuously improve processes.

Predictive intelligence

Speed up and simplify your daily work by using integrated machine learning.

Process mining

Improve your results by optimizing your processes and streamlining your workflows.

Project portfolio management

Gain comprehensive insights into traditional, agile and hybrid ways of working to optimize your portfolios.

Release management

Plan, develop, configure and test hardware and software releases with the utmost precision.

Resource management

Keep an eye on the availability, allocation, and capacities of your employees for all work tasks in ServiceNow.

Scaled Agile Framework (SAFe)

Optimize agile software and product development to increase speed and efficiency.

Scenario planning

Simulate and compare different investment scenarios to best adapt your portfolio to the business strategy.

Strategic planning

Enable a seamless connection between strategy and implementation through complete planning in a single workspace.

Virtual agent

Solve problems faster with virtual agents that understand natural human language.

Leading platform for Strategic Portfolio Management

FROX is an official Swiss Premier Partner of ServiceNow, a leading solution platform for Strategic Portfolio Management. With our many years of Service Management experience, we assist you in the implementation of ServiceNow SPM, helping you manage projects efficiently, optimize the use of resources, and achieve strategic goals. ServiceNow SPM offers comprehensive transparency, improved decision-making processes, and seamless integration into your existing systems. Benefit from greater efficiency, increased productivity, sustainable growth, and enhanced competitiveness for your company.

Portfolio management

Manage and prioritize projects and initiatives centrally: With ServiceNow SPM, companies can smoothly centralize and prioritize their projects and initiatives. This ensures that the most important activities are in focus and optimally implemented. Resources are targeted at the most critical tasks to ensure maximum productivity and effectiveness.

Resource management

Plan and allocate resources effectively: By effectively planning and allocating resources, ServiceNow SPM minimizes bottlenecks and maximizes productivity. Centralized management provides an accurate overview of staff availability and utilization, allowing projects to be completed smoothly and on time.

Risk management

Identify risks early and manage them proactively: ServiceNow SPM enables companies to identify potential risks at an early stage and take proactive measures. Minimizing risks ensures that projects are completed successfully, and unexpected obstacles are avoided.

Performance monitoring

Continuously track progress and performance: With ServiceNow SPM, organizations can continuously monitor the progress and performance of their projects. This ensures that set goals are met and allows for quick adjustments in case of deviations.

Transparency

Provide all relevant data and information at all times: ServiceNow SPM provides a high level of transparency by making all relevant data and information accessible at all times. This increases the visibility of projects and initiatives, facilitates decision-making and improves communication within the company.

Decision-making

Make strategic decisions based on sound data: With ServiceNow SPM’s comprehensive data and analytics, organizations can make better strategic decisions. This enables them to react more quickly to changes and adapt their portfolio accordingly.

Efficiency and ROI

Optimize resource utilization and minimize waste: ServiceNow SPM helps to optimize resource utilization and minimize waste. This ensures that investments in projects and initiatives bring the greatest possible benefit and that the Return on Investment (ROI) is maximized.

E-book: Optimizing ROI from your strategic initiatives

Discover how SPM from ServiceNow can help you get the best ROI from your strategic initiatives. The e-book provides you with valuable insights and practical tips on how you can manage your projects more efficiently with strategic portfolio management and sustainably increase your company’s success. Download now for free!

 


Get the e-book

Introduction to Strategic Portfolio Management and Getting Started with Project Management in ServiceNow

ServiceNow Strategic Portfolio Management helps companies effectively implement their strategic priorities. With the platform, strategic goals and operational projects can be seamlessly aligned, resources optimally utilized, and data-driven decisions made. Watch the videos to learn how ServiceNow SPM can help you maximize the success of your projects.

Get an overview of ServiceNow Strategic Portfolio Management and discover how the platform helps companies connect strategic goals with projects and resources. – ©ServiceNow

Learn how to get started with Project Management and effectively integrate agile methodologies into your projects to manage your strategic priorities optimally. – ©ServiceNow

Do you have any questions about Strategic Portfolio Management?

We will be happy to provide you with complimentary advice and clarify any questions you may have regarding Strategic Portfolio Management.

Talk to an expert

Franz Klingler

Senior Account Executive and Service Management expert

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