The Forrester Wave™: Application Life- Cycle Management, Q4 2012
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Business innovation now drives the application life-cycle management (ALM) market. The contribution that application development and delivery makes to a company’s business goals —making workers more productive, creating engaging customer experiences, and bringing new software products to market more successfully — must be more direct and successful. Software increasingly plays a central role in a firm’s ability to deliver new products and services or exploit new channels. Firms can no longer accept historical gulfs between business and application development and delivery teams as, increasingly, firms now expect to manage application development and delivery as a business and treat it as a competency.
PTC provides strength where product-based development and compliance intersect, helping organizations develop products such as appliances, vehicles, and medical devices that have software components — while still maintaining support for teams building and delivering software-only products and projects.