Best in SaaS Awards: GFT and PPM Software Engenion Honored
Best Company, Best New Product, and Most Innovative Solution – GFT Wins in Three Categories. At the Best in SaaS Awards, GFT was recognized as “Best Company” for its outstanding performance in task management software.
Engenion, GFT’s software product, also received awards for “Best New Product” and “Most Innovative Solution.” These honors recognize both the advanced features of Engenion and GFT’s expertise and innovative spirit in SaaS solutions and products.
“We are proud to have won in three categories. These awards underscore not only the uniqueness of our product, Engenion, but also our expertise as a company. Engenion integrates activities, development objects, and resources into a global real-time view of budget, performance, and value, providing executives with transparency and a solid foundation for decision-making in their development projects,” said Kathrin Günther, Chief Operating Officer (COO) – GFT Software Solutions.
Transparent Budget and Resource Planning in Real Time with Engenion
Engenion is a project portfolio management (PPM) solution for managing complex development portfolios. With comprehensive budget and resource planning, transparent approval processes, and real-time budget analysis, it enables data-driven decisions at all management levels. Engenion brings together all work activities, development objects, and resource expenses into a holistic global real-time view of budgets, portfolio performance, and value. This helps identify risks early and ensures optimal resource allocation, aligning technical and financial goals.
In 2023, Engenion recorded over 10,000 concurrent daily users. The PPM software enables customers to achieve significant savings and manage development budgets efficiently, helping companies save up to 20% of their annual development budgets. With Engenion, companies oversee technical developments worth billions of euros, organize tens of thousands of employees, and synchronize over 6,000 projects.
Engenion was developed based on the product development processes of the automotive industry and the OBJECT ACTIVITY VALUE (OAV) framework, ensuring a clear assignment of products and services to their corresponding projects. This establishes constant transparency regarding project affiliation, budget responsibility, and development costs. Engenion’s lean budgeting approach provides real-time alignment between activity costs and the approved budget, ensuring optimal resource allocation.
Efficiency Gains through AI Integration
With AI integration, recurring activities are standardized and optimized. Engenion identifies best practices and compares similar projects, leading to more efficient workflows. AI-driven features like automated reports, graphical analyses, and predictive analytics support resource management and help predict variances and success probabilities. The platform’s intuitive design enhances user experience, allowing even non-technical users to easily generate reports and access project information.
The global PPM market was valued at $4.74 billion in 2023 and is expected to grow to $9.23 billion by 2032. This growth is driven by several emerging trends, including the increasing demand for a 360-degree real-time view of project processes and resource management, as well as the rising complexity in managing multiple complex development projects.
These awards affirm GFT’s leadership in SaaS and the PPM software Engenion’s position in the market, reinforcing GFT’s commitment to the continuous development of innovative products and solutions.
About the Best in SaaS Awards Program:
The prestigious Best in SaaS Awards program annually honors the world’s best Software as a Service (SaaS) companies, employees, teams, products, and services. Organizations worldwide are invited to submit nominations, including public and private, for-profit and non-profit, large and small companies, from startups to established firms.
“We are proud to have won in three categories. These awards underscore not only the uniqueness of our product, Engenion, but also our expertise as a company. Engenion integrates activities, development objects, and resources into a global real-time view of budget, performance, and value, providing executives with transparency and a solid foundation for decision-making in their development projects,” said Kathrin Günther, Chief Operating Officer (COO) – GFT Software Solutions.
