Top 10 Product Management Solution Companies - 2020
Product management is in the midst of a fundamental shift. As more businesses embrace digital transformation and competition to deliver exceptional online experiences heats up. For the road ahead, Product management plays an increasingly significant role that will not only impact a company’s product, but overall strategy and growth. The Agile trend is proliferating from IT to other parts of enterprises, which is raising product management’s profile. As the field continues to discover and share best practices, product managers increasingly acknowledge the benefits of being customer-centric and data-driven and have increasingly incorporated experimentation into their workflows.
The majority of the businesses have already started using AI powered Product Management system to enhance, improve, create and shape products. Analytics is another major trend creating a ripple in the project management industry. Product developers and managers probably didn’t even know what the word “analytics” meant. But things have changed since then, and now analytics is seen as something crucial for the improvement and ultimate success of product management. Without the measurements, there is no way for a product team to know whether the product actually meets the needs of the users or not. Using analytics, the product team now can make informed decisions on whether they should make changes on the product or keep it as it is.
Product-led growth is a go-to-market strategy that relies on product usage as the primary driver of acquisition, conversion, and expansion. The model is exploding in popularity because when executed well, a product can infiltrate the market and grow on its own—which means there’s no extra work required. In order to learn more about the needs, wants or buying preferences of consumers, product managers today team up with consumers in order to build a unique product that can be differentiated from other market products. Even though it is not necessary to learn coding but knowing some basic concepts can help in better understanding how a product’s features will be implemented.
Our goal with this edition is to feature vendors that are at the forefront of revolutionizing the product management space through their top-notch solutions. We hope this issue of the CIO Review helps you build the partnership that your firm needs to foster technologically-driven product management.
We present to you 'Top 10 Most Promising Product Management Solution Providers 2020. '