Silverback Announces Acquisitions of Two Leading Cloud Software Companies ...
Tenrox and PowerSteering product lines, and all existing Service Level Agreements and support arrangements will remain unchanged.PPM software, which helps organizations improve business performance and accelerate results, is a $1.3 billion global market and the cloud-based segment of PPM is forecast to grow at a 40% compound annual growth rate (CAGR) for the next five years*. By using PPM software, managers are able to gain enhanced visibility into a corporation’s global portfolio of all corporate initiatives and projects, align the portfolio with the organization’s strategic objectives, maximize benefits across the portfolio, balance supply (human resources, time or money) with demand (investments, programs, projects and unplanned work), increase the productivity of the project workforce and proactively address project emergencies and changes to the existing and planned project pipeline triggered by shifts in business direction.



