Top 10 Product Management Consulting/Service Companies – 2020
Product management has become one of the most trending and fastest-growing roles in the business world. It plays an increasingly significant role that not only impacts a company's product but the overall strategy and growth. As most of the consumers today are using smartphones, digital assistants, and wearables, they expect to interact with their various digital services and products from wherever they are. To that end, the product managers are embracing cutting-edge technologies to transform their products and services to provide better experiences to the customers.
Artificial Intelligence (AI) is changing the course of project management practice by enabling auto-scheduling, progress tracking, and status updates— alerting the project managers if there is a need for problem-solving. In product management, AI is also used for predictive analytics to identify and manage risks. Data analytics is another major trend creating a ripple in the project management industry. Using data analytics, product teams can now make informed decisions on whether they should make changes in a product or keep it as it is.
Cloud-based project management tools are eliminating the need for complex installations, maintenance of heavy servers, and per-seat licenses. It enables access to essential project information from anywhere, on mobile devices, and across the globe. Therefore, project managers can react quickly to unexpected delays in plans and adjust accordingly as well as communicate updates easily. Alongside digital transformation, project managers are also looking at ways to change the conventional mindsets that focus on project delivery to the idea of product-centric development with continuous iterations. This requires a shift from detailed project plans to more loosely defined projects that demonstrate value swiftly.
At this juncture, there is a wide variety of service providers entering the industry with a set of advanced and integrated project management services offerings. To help companies navigate through the best-of-breed project management service providers, CIOReview has compiled a list of “10 Most Promising Product Management Consulting/Service Companies – 2020.” The enlisted organizations are transforming product management operations and processes at the intersection of various disruptive technologies. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you CIOReview’s “10 Most Promising Product Management Consulting/Service Companies – 2020.”