Gartner's Analyst Daniel B. Stang wrote in the June 7, 2010 release of Gartner's Magic Quadrant for IT Project and Portfolio Management, "Potential buyers of IT PPM systems face many challenges. They need PPM systems, but PPM as a technology alone cannot help an IT department. Investment in PPM requires careful attention to people, processes and technology, and not always in that order. As a business strategy and a work management discipline, PPM involves process creation, user adoption and organizational change management. IT PPM is about changing work behaviors at multiple levels within (and sometimes outside of) the IT department. Low PPM maturity is another obstacle, as well as the high cost and risk of implementing a prominent on-premises PPM system." It is for this reason that WorkEngine and the EPK Suite will unite to form a robust, all-encompassing technology solution that will be the one size fits all remedy for large and small organizations across the globe. WorkEngine will expand typical PPM to accommodate all levels of user maturity, all processes and all work.
The EPK Suite acquisition and the product integration development already underway, will add an array of enhancements to WorkEngine and Microsoft SharePoint that will help address customers' needs by offering a deeper level of portfolio work management, and highly functional resource management and cost management capabilities. WorkEngine, as it stands today, is a complete end-to-end SharePoint Project and Work Management application; by combining the technologies, WorkEngine will not only be an award-winning application for its ability to execute on projects but will also offer excellence in its ability to promote better decision making and funding for all types of projects and operational work.
"We are pleased to welcome the EPK Group to our team and are excited about all future opportunities that will undoubtedly arise by combining two of the leading providers in the Project and Work Management space," said Joe Larscheid, CEO of EPM Live.
WorkEngine will continue to provide cutting-edge, cost effective project and work management solutions built on the Microsoft SharePoint platform. WorkEngine solutions support the entire work and project management lifecycle and provide the necessary efficiencies and indicators for companies to improve their ROI, streamline their business processes and make critical business decisions. WorkEngine offers its clients solutions that possess the flexibility and scalability to meet specific industry and methodology needs. These innovative solutions include capabilities such as Portfolio Management, Project Management, Cost Management, Time Management, Resource Management, Service Management, Agile Management, Business Intelligence and Collaboration. These capabilities are all designed to work together or separately to meet any business specific need.
About EPK Group
The EPK Group founders average more than 30 years experience in the project management field, including consulting, implementation, and project management systems development. They have led the development and introduction to the marketplace of many of the project management systems used over the past 30 years, including the Enterprise Project system Microsoft acquired in August 2000. As part of the acquisition of Enterprise Project, they became members of the Microsoft product development team and participated in the development of Microsoft Project Professional and Microsoft Project Server.