SPM

Strategic Portfolio Management

Organizations must ensure their IT services align with strategic goals and deliver maximum value in today's dynamic business landscape. Dev Technosys, a leading ServiceNow development company, helps you achieve this through our comprehensive strategic portfolio management ServiceNow solutions. Leveraging the power of the Now Platform, we enable you to gain a 360-degree view of your service portfolio, optimize service delivery, and drive continuous improvement. Our solutions empower you to make data-driven decisions, enhance customer satisfaction, and maximize the return on your IT investments.

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Service portfolio management or service portfolio management system is an organization-wide strategy that employs an appropriate suite of IT tools. Strategic portfolio management service now is all about planning, designing, delivering, and managing all IT services from start to retirement. The strategy of SPM is to do away with unneeded resources and ensure the IT and business services mesh well. SPM management practices include but aren't limited to service catalog management, service level management, demand forecasting, financial management, and risk management. Among other advantages, strategic portfolio management services cut costs and boost service delivery, thereby meeting organizational goals, which means that control over IT services is more effective.

Why SPM?

Realize more readily the potential returns derived from your IT expenditures. A portfolio strategy in strategic management will help your company meet its goals by improving systems integration, service delivery cultivation, and acceptance strategies.

Deliver Services that Help Achieve Business Goals

It establishes boundaries in offering IT services that fit an organization's strategic plan. By estimating service-related metrics such as demand, cost, and service performance, organizations can align priorities and ensure that business IT tools are used to meet wider objectives.

Optimize Service Delivery and Reduce Costs

IT service portfolio management solves IE Service's problems of inefficiency and poor optimization of service delivery. IT Admin cuts costs and buying time and increases ROI by eliminating constraining service demand management.

Enhance Customer Satisfaction

Focusing on their client's requirements and needs while simultaneously providing adequate services are some of the ways portfolio strategy in strategic management improves client satisfaction. Better service, anticipating issues, and a better understanding of what customers want can facilitate and foster stronger customer relationships.

Building SPM Solutions on the Now Platform

Building SPM Solutions on the Now Platform

We have an advanced ServiceNow development team and capitalize on the Now Platform to deliver clients the best strategic asset portfolio management solutions. ServiceNow enables you to operate more effectively by being the service management tool across the entire lifecycle of all your services, from its design and budget to its implementation and afterward review. Combined with its toolbox, we can customize the portfolio strategy in strategic management applications that fit your business requirements. Combined with other ServiceNow modules such as ITSM ITAM or ITOM, it is possible to form the big picture of your IT services, which aids in analytics and development. We excel in ServiceNow and ensure that the solutions provided meet the needs, provide acceptable returns to your IT spending, and achieve the desired operational and business goals.

Empowering SPM with Role-Based Applications

Experience a new level of efficiency and security with our role-based SPM applications. We tailor each application to specific user roles, ensuring access to only the necessary information and functionalities. This streamlined approach enhances productivity, minimizes errors, and strengthens overall data security within your SPM processes

IT Leader

As an IT Leader, you have a single platform from which you can track the performance of the services offered by the whole portfolio. This is mandated through role-based access controls, which ensure data security and compliance. Service cost, utilization, and customer satisfaction are all important metrics that you have at your disposal, and through real-time dashboards, you can decide how much to invest and when to allocate resources to services.

Service Manager

As a Service Manager, planning for service delivery becomes easier as you understand how services can be delivered, which aspects require improvement, and whether SLAs are being adhered to. Role-based applications enable you to have the instrumentation in place to keep measuring a company's services and analyzing trends to fix them. This puts you in the spotlight, where you can enjoy meeting your customers' expectations and lowering your service delivery expenses.

Platform Owner

As a Platform Owner, you can make necessary changes to the structure of the strategic asset portfolio management platform to suit your business's operations. Role-based access controls give you the authority to issue appropriate access rights to the various teams depending on their needs, thus protecting information and remaining in command of the portfolio strategy in the strategic management system. It enables you to configure the platform to fit your requirements and improve the system's effectiveness.

Service Agent

As a Service Agent, you are equipped with all the crucial information you need to provide great service. It is vital to know that you will automatically get role-based applications that show you service requests, incident tickets, and knowledge-based pieces. You should keep in mind that it allows you to fix problems straightforwardly, resulting in customer satisfaction and great service.

What Do You Need?

SPM develops role-based applications best suited for specific users, such as service managers and portfolio analysts. Such tools in the service now portfolio strategy in strategic management provide essential information to important roles like business managers and tools so that effective service delivery is achieved.

SPM Standard

The SPM Standard package is ideal for enterprises looking to implement a faster, more efficient Service Portfolio Management. These include functions like service catalog management, service level management, and even demand forecasting. The ultimate goal of this package is to allow a more comprehensive and timely approach to servicing applicable business needs.

SPM Pro

SPMPro, on the other hand, is a good solution for companies looking to invest in more advanced features when it comes to service portfolio management. It utilizes automation & and driven insights to fundamentally emphasize improvement. Predictive intelligence DevOps Change Velocity, among others, enables you to create a more targeted servicing portfolio.

SPM Enterprise

We are Enabling IT to enhance any service performed with the SPM apps. The SPME is designed for more prominent organizations that require an integrated and comprehensive service portfolio management with advanced features like vendor management, process mining, and workforce optimization. This particular package grants you the ability to thoroughly analyze service performance, optimize resource allocation, and operationalize excellence across the services, especially in their portfolio.

Our Exclusive SPM Solutions We Offer

The SPM Enterprise by our company provides optimum control on forecasting, planning, managing, and reporting services on the executive and IT levels. Promote the IT and business alignment with business goals and help determine which investments to make. Employ the capabilities to maximize the value any service provides to the business.

Service Portfolio Management

Service Portfolio Management

Additionally, we can assist in creating a robust service portfolio as well. Using ServiceNow as a platform, we can consolidate your IT services by creating a single repository that includes descriptions, service levels, costs, and risks. This allows for an informed decision on how much money should be invested depending on the services offered.

Demand Management Solutions

Demand Management Solutions

We are able to create and execute demand management strategies to help predict as well as control the demand for IT services. This will allow you to synchronize IT service provision with the business requirements and that the available resources are optimally utilized to meet the prescribed service levels. ServiceNow is one of the tools we can use to register service requests, study trends as well as predict future needs.

Financial Management for IT Services

Financial Management for IT Services

We can help you implement financial management solutions to track and manage the costs associated with IT service delivery. In our opinion, it is vital for any company to demonstrate the value of its IT investments. This means managing service delivery costs, measuring the return on investment, and tracking expenditures as well as budgeting. You must know Tools like ServiceNow can achieve this.

Capacity & Availability Management Solutions

Capacity & Availability Management Solutions

If you do not have service delivery capacity, then we can help you build the required capacity. In addition to meeting service demand, we can maintain a high level of service availability. We can use tools such as ServiceNow to track service efficiency and performance, forecast possible service demands, and address service capacity problems in advance. This will lower service outages, enhance client satisfaction, and support uninterrupted business operations.

Risk & Compliance Management Solutions

Risk & Compliance Management Solutions

We can assist you with the identification and mitigation of risks stemming from the delivery of IT services. We can utilize ServiceNow or Archer GRC tools to conduct risk assessment and control measures and ensure compliance with regulations and standards. In this way, it will be possible to reduce potential threats' effect and guarantee IT services' safety and integrity.

Service Level Management (SLM) Solutions

Service Level Management (SLM) Solutions

We aim to help you define, manage, and optimize all the services at the IT level. We also aim to help you track if the performance of the services is consistent with the preset SLAs and KPIs using tools such as ServiceNow. This will help ensure that services are aligned with what the business and its customers require and that there is continuous improvement in the level of service.

SPM ServiceNow Packages and Pricing

Features SPM Standard SPM Pro SPM Enterprise
Portfolio Management Basic Portfolio Tracking Advanced Portfolio Analysis with Dashboards Enterprise-Wide Portfolio Optimization
Demand Management Demand Submission and Tracking Prioritization Frameworks AI-Driven Demand Forecasting
Resource Management Resource Allocation Basics Advanced Capacity Planning Comprehensive Resource Optimization
Financial Management Cost Tracking and Budgeting Financial Planning with Projections Real-Time Financial Analytics
Project Management Project Task Tracking Integrated Project Timelines Advanced Program and Project Governance
Reporting Pre-Built Reporting Templates Customized Analytics and Visualizations Predictive Insights and Risk Assessment
Scenario Planning Not Included Scenario Modeling for Strategic Decisions Full Suite of Predictive Scenario Tools
Integration Integration with Core Business Applications API Integration with ERP and CRM Systems Custom Integration with Enterprise Systems
Mobile Access Basic Mobile Interface Advanced Mobile App with Collaboration Tools Customizable Mobile Experience

Our Impeccable SPM Solutions for Multiple Industries

Are you looking for SPM solutions tailored to your specific industry’s needs? Armed with industry particulars, we devise solutions that enable organizations in various sectors to enhance their service, ensure better returns on investment, and meet their objectives.

AI in Banking & Finance

Finance and Accounting

Utilize service marketing strategies, integrate information systems with the finances, and enhance the cost structure through our strategic portfolio management tools. We work with stakeholders to enable the delivery of excellent service without incurring higher costs and observing regulations.

AI in Education

Education

In the educational sphere, we assist our clients by delivering business portfolio coordination solutions that maximize IT service efficiency and quality. With our tools and other services, academic institutions can elevate the overall quality of student learning while enabling smoother day-to-day operations within the facility.

AI in Manufacturing

Manufacturing

Our SPM manufacturing tools deliver services more timely, enhance the quality of maintenance services, and make production more efficient. Streamlining operations in factories produces excellence and ensures minimal competition.

AI in Logistics & Supply Chain

Logistics

Our business portfolio coordination tools help reduce operating costs, optimize transport and logistical services like delivery, and enhance visibility within the supply chain to improve customer satisfaction. This enables the smooth running of the business and the reduction of costs.

AI in Real Estate

Real Estate

Communicate better with tenants, offer superior property management services, and enhance your offerings with our SPM solutions aimed at real estate companies. We help streamline work processes, allowing for a better focus on operational tasks and improving the overall strategy to elevate tenant satisfaction.

AI in Food & Restaurant

Food & Restaurant

Providing SPM tools for the food and restaurant industry increases the standard of customer service while cutting down on inventory and enhancing operational performance. Ensuring the highest degree of service consistency leads to higher customer satisfaction.

AI in Retail & E-commerce

Retail and E-commerce

We ensure effective multichannel service delivery, streamline customer service departments, and improve customer experience with the help of our strategic asset portfolio management tools for retail and e-commerce, allowing the business to grow in a challenging environment.

AI in Automotive

Automotive

With our SPM solutions, vehicle management, repair services, dealership logistics, and customer QCD can be optimized. This results in better overall customer services and enhanced business processes, enabling the company to stand out from its competition.

Get to Know the Experts Driving
Our SPM Success

With us, you will receive solutions that will set you apart from the rest. Our SPM services will allow you to see how our team of skilled and experienced professionals comprehensively evaluates clients’ needs, devises unique solutions, and deploys their IT service portfolio management effortlessly.

The people behind the business portfolio coordination solutions are our Technical Architects. They are immensely knowledgeable in the aspects of executing the frameworks that you require while ensuring easy integration into your current IT system’s architecture. They enable your project portfolio strategy environment to perform at its best by providing good and effective system security.

Roles and Responsibilities

  • Solution Architecture
  • Technology Roadmap
  • Integration Strategy
  • Security Assessment
  • Performance Tuning

We have Technical Consultants who not only understand your business needs but also have the capability to convert that understanding into technical solutions. They are gifted with superior analytical and problem-solving skills to quickly understand your business requirements and provide successful strategic management portfolio implementations. They make sure that the technical solution fits your company’s strategic objectives perfectly.

Roles and Responsibilities

  • Requirements Gathering
  • Technical Design
  • Proof of Concept
  • Technical Documentation
  • System Configuration

Our SPM Developers are highly qualified professionals who turn your project portfolio strategy vision into a reality. They have extensive experience dealing with ServiceNow and other top-ranked ITSM tools to develop tailored workflows and reports that enhance your service portfolio, thus adding requisite business value.

Roles and Responsibilities

  • Development & Customization
  • Testing & Debugging
  • Code Reviews
  • Deployment & Release Management
  • System Maintenance

Our Functional Consultants are experts in business and technology, having in-depth IT service management knowledge and experience to ensure successful delivery of project portfolio strategy solutions. They engage clients with evaluating business expectations and deficits and ensure that strategic management portfolio tools are used where value will be added.

Roles and Responsibilities

  • Business Process Analysis
  • Requirements Gathering
  • Process Mapping
  • Training & Support
  • Change Management

Our ServiceNow development company has project managers who are the key contributors to successful implementations of SPM. They are responsible for and take charge of all phases of the project’s life cycle, including the delivery of to required standards, within set time and budget constraints. They keep the client updated throughout the project and ensure the client is happy with the end result.

Roles and Responsibilities

  • Project Planning & Execution
  • Risk Management & Mitigation
  • Budget & Resource Management
  • Stakeholder Communication
  • Project Closure & Documentation

Features of SPM ServiceNow

Service Portfolio Management within ServiceNow helps improve the project management process by easing the workflow, improving the allocation of resources, and increasing team collaboration. Discover the features that make process implementation better and more successful within the organization.

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  • Service Catalog Management

    It allows organizations to develop and manage an extensive range of IT services, including, but not limited to, software, abilities, hardware, and even consulting with options, prices, and SLAs.

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  • Demand Management

    Catering enables business units to submit service and project requests and to have such requests and projects given priority in meeting business needs.

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  • Financial Management

    Consolidates costs per service, revenues, and profitability and facilitates the analysis of cost per benefit, adjustment of price levels, and enhancement of IT investment returns.

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  • Capacity Planning

    Estimates the demand for IT services and resources and potential constraints in the future, along with providing assurance that IT systems can meet the business's current expansion plans.

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  • Service Level Management (SLM)

    In essence, this means implementing procedures and protocols that allow for measuring and controlling IT services in accordance with the agreed-upon targets and ensuring an SLA is in place with vendors.

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  • Risk Management

    Ensuring that business functions remain active and service delivery remains uninterrupted requires appropriate and thorough risk evaluations and IT service provider assessments to be conducted.

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  • Change Management

    This entails organizing change in infrastructure and services, gauging/changing impact through execution of business operations, and aiming to minimize adverse effects of all alterations.

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  • Release Management

    It includes procuring development, testing, and operations teams to enlist and organize the timing and order of the new software products and service updates.

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  • Incident Management

    This covers addressing, persisting with, and restoring any disturbances to normal activities, which would include reporting such incidents for internal record keeping.

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  • Problem Management

    It involves the removal of the underlying issues that are believed to be critical in contributing to certain incidents so that such incidents can be nipped in the bud.

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  • Knowledge Management

    This involves collecting information that revolves around specific IT services and is encapsulated in a single source. Thus, it can be strategically shared with multiple departments across the organization.

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  • Reporting and Analytics

    Using specific analytics programs, tracking all KPIs, and using dashboards to facilitate more complex processes generate insightful reports that aid decision-making.

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  • Integration with Other ITIL Processes

    Integration will include IT Service continuity management, information security management, and several other processes.

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  • Automation

    It helps eliminate manual processes by streamlining routine activities such as identifying faults and setting up services.

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  • Mobile Access

    This feature enhances the flexibility of IT staff and end users by allowing easy access to IT services and IT requests from their mobile devices.

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Hiring Model for Our SPM Developers

Explore your ServiceNow strategic management in portfolio needs and discover the ideal pricing model tailored to your budget and business objectives.

Feature Hourly In-House Team
Developer Type Part-time Full-time
Description Hire our skilled part-time developers and get a few hours of support Hire our dedicated developers full-time for your custom business needs
Pricing $40-$50/Month $80-$100/Month
Hours 5 hours a day, 5 days a week 8 hours a day, 5 days a week
Billing Cycle Monthly Monthly
Minimum Contract 1 Month 2 Months
Availability Available as per your requirement Works fully on your project
Hire Part-time Hire Full-time

Frequently Asked Questions

  • What Is Strategic Portfolio Management And Why Is It Essential For Businesses?

    Through ServiceNow strategic portfolio management, your projects, programs, and initiatives are brought into alignment with the organization's goals. This ensures that resources are allocated effectively and that returns are maximized. It also gives businesses the ability to make decisions based on data, which is essential for sustaining development and innovation.

  • How Long Does Implementing a ServiceNow Strategic Portfolio Management Solution Take?

    The implementation timeline will vary depending on the complexity of the project and the particular needs. Implementing strategic management portfolio solutions takes three to six months, including the time needed for planning, deployment, testing, and user training to ensure a smooth transition.

  • How Much Does Implementing a Portfolio Optimization Strategy Solution Cost?

    Several criteria, including the project size, the level of customization, and the technologies utilized determine the costs. Dev Technosys provides affordable pricing and scalable solutions to adapt to your company's requirements.

  • Why Should You Choose Dev Technosys For ServiceNow Strategic Portfolio Management Solutions?

    Bringing expertise in SPM, Dev Technosys provides individualized, scalable, and cutting-edge solutions. We offer comprehensive services that include all aspects of portfolio management, including consultation, development, and support, to guarantee the best possible results for your requirements.

  • Can ServiceNow Strategic Portfolio Management Be Customized For Different Industries?

    Unquestionably! Supply chain management (SPM) solutions can be adapted to satisfy the specific requirements of a wide range of industries, including information technology (IT), healthcare, banking, manufacturing, real estate, education, engineering, logistics, and many more.

  • What tools and technologies are used in the Portfolio Optimization Strategy?

    For real-time monitoring, seamless collaboration, and informed decision-making, Service Performance Management (SPM) uses cutting-edge solutions such as ServiceNow, Jira, and Smartsheet in conjunction with analytics, artificial intelligence, and cloud technology.

  • How does Strategic Portfolio Management enhance business outcomes?

    Project portfolio strategy optimizes resource allocation, prioritizes high-value initiatives, improves risk management, and guarantees projects' alignment with organizational goals. This leads to improved efficiency, cost reductions, and better return on investment.

  • Can small businesses benefit from Strategic Portfolio Management?

    SPM is not only used by major businesses. Project portfolio strategy can help small firms streamline their processes, maximize their resources, and connect their projects with their strategic goals, all of which contribute to expansion and sustainability.

  • How secure are Strategic Portfolio Management solutions?

    When it comes to protecting critical corporate information, project portfolio strategy solutions prioritize data security by implementing stringent measures such as encryption, role-based access restrictions, and compliance with worldwide standards.

  • Does Dev Technosys provide ongoing support after SPM implementation?

    Unquestionably! After the solution has been implemented, our service development company provides post-implementation support, which includes system maintenance, upgrades, and user training. This ensures that the solution continues to be effective and adapts to your organization's requirements.

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