Why is PPM essential for every organisation
At Sopra Steria Next, we believe that IT has evolved far beyond its traditional role as a support function. In today’s business world, IT is a strategic enabler that plays a pivotal role in driving competitiveness and innovation. Yet, despite its growing economic importance, successful project delivery remains a challenge, with only about 35% of projects meeting expectations globally.
This perspective underscores the critical importance of a thoughtful and effective approach to PPM. By leveraging PPM, we enable our clients – whether in finance, healthcare, manufacturing, or the public sector – to manage their projects efficiently, ensuring alignment with overarching business strategies. Together, we ensure that every project contributes maximum value to the overall success of the company.
How AI has a transformative impact on PPM
Artificial intelligence (AI) has the potential to transform PPM. By integrating technologies such as machine learning, natural language processing and predictive analytics, AI can significantly improve the management of project portfolios. It enables more precise analysis of large amounts of data, recognises complex patterns and provides valuable decision-making support. The disruptive technology optimises data analysis, automates recurring tasks and supports strategic planning by identifying potential risks at an early stage and reducing IT costs. Decision-making in PPM is often based on weighing up different project portfolio scenarios, i.e. the different variants of allocating resources to projects and the resulting effects. Generative AI can support meaningful scenario modelling and, if necessary, suggest portfolio scenarios that would not be visible through conventional data analysis.
By harnessing AI’s potential, organisations can not only optimise Project Portfolio Management but also unlock greater strategic and financial value, positioning themselves for long-term success. Despite the added value that the use of artificial intelligence in PPM offers, AI in the PPM environment can come up against limitations that need to be considered when implementing and utilising AI: data quality and availability, trustworthiness, complexity and costs or ethics and data protection.
How Sopra Steria Next empowers your business
Sopra Steria Next is your partner when it comes to making project portfolio management (PPM) future-proof and efficient, especially through the strategic use of artificial intelligence. Our focus is on supporting you in the optimal integration of AI into your standard PPM processes.
We provide comprehensive advice on how you can use AI in a targeted manner to improve your project planning and control. We focus on optimising your corporate portfolio and project management processes and increasing efficiency to significantly increase the success rate of your projects. Our goal is to support you in the safe and successful implementation of AI initiatives and thus ensure the introduction of AI technologies in your organisation.