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Portfolio Management Specialists Losing Ground to Rivals

Posted on Sunday, October 28, 2007 4:00:00 AM       Sign Up to receive Daily News Alerts in your E-mail Inbox                            Digg This Article   Add to Delicious

Abstract:Specialist PLM software providers must work to protect their niche markets as larger enterprise software vendors begin to add product portfolio management capabilities to their offerings.
Keywords:product portfolio management, product portfolio software
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In the somewhat insular world of product portfolio management software vendors, the loss of one competitor is a major development. So when 9-year-old Integrated Development Enterprise, Inc. closed its doors for business in August, rival software vendors took notice.

Waiting in the wings was IDe competitor Sopheon plc. The two companies signed an agreement that affords Sopheon "exclusive access to such IDe assets as its customer list, software code, and all documentation relating to the company's software," according to a Sopheon statement.

IDe had 18 active client deployments when it shuttered its operations, leaving the larger Sopheon -- with nearly five times as many customers -- an opportunity to woo those orphaned clients to Sopheon's Accolade product portfolio software. Both companies count large enterprises among their primary customers.

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