Software Advice BuyerView: Webbased Project Management Report Insight into today s software buyer

Software Advice BuyerView: Webbased Project Management Report Insight into today s software buyer

Abstract In 2014, we talked to thousands of small businesses considering Web-based project management software. We tapped into a subset of the data to determine: What methods prospective buyers are currently using for their project management needs? Why are small businesses looking for Web-based project management software? In 2014, Software Advice determined that 100 percent of small businesses with a deployment preference desired a Web-based deployment for their project management software. We took a closer look specifically at prospective buyers with a Web-based deployment to determine prevalence in desired features and patterns in current challenges. Our goal was to provide insight into what the challenges that small businesses face currently and how they believe Web-based project management software will address these challenges.

Number of Current Methods Used 58% Single 42% Multiple The majority of those seeking to purchase Web-based project management software currently use a single method for their project management needs.

Prospective Buyers' Current Methods Manual 70% PM software 32% Non-PM software 20% Microsoft Project/Sharepoint 13% Nothing 6% Google Apps 5% Other 10% 0% 10% 20% 30% 40% 50% 60% 70% Percent of sample The vast majority of prospective buyers currently use manual methods and roughly one-third currently use some form of project management software.

Top-Requested Web-Based PM Software Functionality Employee time tracking Task management 60% 60% Project tracking/status 53% Scheduling/deadlines 44% Reporting/analytics Resource management 27% 30% Project scope planning 21% Document management Collaboration tools 14% 16% Portfolio management 10% 0% 10% 20% 30% 40% 50% 60% Percent of sample Most respondents want time-tracking and task management functionality in their Web-based PM software. A majority also want project tracking/status functionality.

Top Reasons for Evaluating Web-Based PM Software Improve organization/workflow 64% Improve tracking/reporting 40% Need more functionality 23% Streamline/integrate 17% Improve communication/collaboration 15% Organizational growth 14% Update/modernize 13% Need easy-to-use system 12% Other 11% 0% 10% 20% 30% 40% 50% 60% 70% Percent of sample A majority of respondents want to improve workflow/organization through Web-based PM software. Forty percent want to improve their tracking/reporting.

Top-Requested Functionality, by Job Role Time tracking 55% 61% Task management 59% 64% Progress tracking/status 52% 49% Scheduling & deadlines 38% 64% Resource management 27% 43% Reporting 24% 36% Project scope planning 13% 21% Document management Collaboration tools 11% 16% 19% 21% Portfolio management 4% 13% 0% 10% 20% 30% 40% 50% 60% 70% Owners/executives Project managers Project managers' most requested functionality is scheduling/deadlines. Owners' and CEOs' most requested functionality is time tracking.

By Role: Prospective Buyers 20% Owners 17% Executives 17% Upper management 14% Other managers 12% Project managers 20% Other Twenty percent of prospective buyers identify themselves as owners, and 17 percent as executives. Twelve percent identify themselves as project managers.

By Industry: Prospective Buyers 25% Technology 17% Professional services 15% Marketing/advertising 13% Public service 7% Management consulting 5% Housing 5% Industrial 3% Health care/pharma 2% Energy 7% Other Twenty-five percent of prospective buyers identify their industry as technology. Seventeen percent say they are in professional services.

By Number of Employees: Prospective Buyer Size 1% 1 17% 2-5 11% 6-10 22% 11-20 17% 21-50 13% 51-100 17% 2% 101-500 501-1,000 1% More than 1,000 Half of prospective buyers identify their company size as six to 50 employees. Twenty percent are from companies of 51 to 100 employees.

By Annual Revenue: Prospective Buyer Size 32% Less than $1 million 28% $1 million - $5 million 22% $6 million - $25 million 12% $26 million - $50 million 5% $51 million - $100 million Nearly a third of prospective buyers have annual revenue of less than $1 million. Half have revenues of $1 to $25 million.

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@SoftwareAdvice /company/software-advice /SoftwareAdvice @SoftwareAdvice Software Advice is a trusted resource for software buyers. The company's website, www.softwareadvice.com, provides detailed reviews, comparisons and research to help organizations choose the right software. Meanwhile, the company s team of software analysts provide free telephone consultations to help each software buyer identify systems that best fit their needs. In the process, Software Advice connects software buyers and sellers, generating high-quality opportunities for software vendors.