Flowserve drives market-led, customer-focused innovation with the power of Planview
AUSTIN, Texas, Oct. 4, 2017 /PRNewswire/ -- As digital transformation redefines business as we know it, all companies are addressing the challenges of this new reality. To successfully navigate the complexity and pace associated with leveraging new advances while meeting customer expectations, organizations must knock down the walls that divide teams and impede momentum. Planview's work and resource management solutions ensure every team across an organization operates in concert to deliver what customers need. Companies that utilize work and resource management solutions can orchestrate strategic execution of technologies and business capabilities to drive change and innovation.
Planview customers have boosted project completion rates by 50 percent and saved millions of dollars by eliminating unnecessary projects. Others shifted 20 percent of spending into higher value, new product development programs, and improved pipeline visibility by reducing the time it took to make results available by nearly 700 percent.
"Products and technology are converging at a blistering pace, while the workforce has become multigenerational, cross-cultural, and, in most cases, virtual. Whether you are overhauling your product development process to be more data-driven and nimble or simply establishing a more structured gated process, all companies are looking to ramp innovation in addressing the challenges of digital transformation," said Patrick Tickle, Planview chief product officer. "Our work and resource management solutions equip companies of every size, industry, and structure to be agile, and capable of adapting and responding to evolving market dynamics and demands in support of integrated, strategic goals."
Organizations must optimize work and resources for innovation to flourish
Flowserve is one of the largest suppliers of fluid motion control solutions for the world's toughest and most critical applications, with 18,000 employees across 55 countries. Today, the company has a robust innovation engine that transcends department boundaries and truly encompasses an integrated approach to product development. To get to this point, the Flowserve research and development team relied on Planview's work and resource management solutions to accelerate time to market, optimize under-utilized resources, and improve commercialization success.
"Innovation is fundamentally all about collecting ideas from people and tying them to specific strategies," said Eric van Gemeren, Flowserve vice president of marketing and technology. "Work and resource management solutions from Planview help us improve time to market by making sure we have the right people in the right places with the right skillsets working on the right things."
Flowserve's 1,000 team members in project management, product management, R&D, and engineering were able to transparently collaborate across the organization with market-led, customer-focused innovation to deliver new and improved products even faster than before.
More from Eric van Gemeren and the value of Flowserve's strategic partnership with Planview.
With the industry recognizing the strength of a comprehensive vision that encompasses all the components of work and resource management, Planview has emerged as the leader.
- Planview was recognized as the only visionary in the 2017 Gartner "Magic Quadrant for Enterprise Architecture Tools" and as a leader in the 2017 Gartner "Magic Quadrant for Project Portfolio Management, Worldwide"1
- Planview was named as a leader in the September 2017, Forrester Wave™ evaluation, The Forrester Wave™: Strategic Portfolio Management Tools, Q3 2017, in The Forrester Wave™: Enterprise Architecture Management Suites, Q2 2017, and in The Forrester Wave™: Enterprise Collaborative Work Management, Q4 2016
- Constellation Research named Planview to its ShortList™ for Social Task Management for Q3 2017, which looks at leading enterprise collaboration software vendors
Get started with work and resource management. Download the "Charting Your Journey to Success in Today's Technology Revolution" whitepaper to access four steps you can implement right away.
1 Gartner. "Magic Quadrant for Enterprise Architecture Tools." Samantha Searle, Marc Kerremans. May 24, 2017; Gartner. "Magic Quadrant for Project Portfolio Management, Worldwide." Daniel B. Stang, Matt Light, Teresa Jones. May 25, 2017.
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As the global leader in work and resource management, Planview makes it easier for all organizations to achieve their business goals. We provide the industry's most comprehensive solutions designed for strategic planning, portfolio and resource management, product innovation, enterprise architecture, and collaborative work management. Our solutions span every class of work, resource, and organization to address the varying needs of diverse and distributed teams, departments, and enterprises. Headquartered in Austin, Texas, Planview's 700 employees serve more than 3,000 customers worldwide through a culture of innovative technology leadership, deep market expertise, and highly engaged communities. For more information, visit http://www.planview.com/.
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