Gartner has included Synergy’s Indicata Monitoring & Evaluation Software in its 2017 Market Guide for Strategy Execution Management (SEM) Software. Organizations around the world use Indicata to assess how well they are executing their corporate strategy based on the performance of their portfolio of programs and projects.
Gartner has been tracking the strategy execution market over the last three years and it is still in a maturing phase. In the previous market analysis, Gartner identified an emerging yet pivotal shift from project-focused software tools to strategy-centric enterprise-wide solutions. Throughout this period, organizations have also increasingly recognized that executing strategy effectively in the digital age requires a new set of tools and practices.
In the light of continuous market development, SEM market definition has also been transformed. If in the past, Gartner emphasized bidirectional communication and investment portfolio decision making and modeling, the 2017 Market Guide goes beyond these two descriptors as “organizations now strive to build strong linkage between strategies, metrics and resources, with the actual and anticipated results of plans, projects and assets to meet organizational strategies.” These evolving paradigms suggested by Gartner have progressed in line with the organizations’ readiness and capacity to juxtapose corporate strategy and day-to-day operation of the organization.
Now, when strategy is evolving in much shorter increments of time, SEM tools should be more agile to support continuous change. According to Gartner, “implementation of solid investment planning processes and clear communication channels supporting the continuous, nearly real-time decision-making process is required for successful SEM.”
According to Dr. Ashot Hovanesian, CEO of Synergy International Systems “The symbiosis of well-honed strategy, resource optimization and portfolio management has become a catalyst for successful operation of an organization. Synergy Indicata encompasses all these elements and can help organizations to drive transformation”.
This marks the third time in a row that Synergy Indicata has been listed in a Gartner Market Guide for Strategy Execution. The continuous inclusion of Synergy in Gartner’s Market Guides further indicates that Synergy keeps track of the Strategy Execution market development. The evolvement of Synergy Indicata goes hand in hand with the advancing breadth of its feature set.