ProSymmetry Company Profile

Background

Overview

ProSymmetry is a global leader in resource portfolio management, specializing in strategic portfolio delivery and resource capacity planning. Founded in 2007, the company offers Tempus Resource, a purpose-built resource forecasting and capacity planning solution designed to assist organizations in aligning their resources with strategic objectives.

Mission and Vision

ProSymmetry's mission is to empower organizations to effectively manage their resources, ensuring that the right people are in the right place at the right time to achieve strategic goals. Their vision is to redefine how enterprises plan, prioritize, and deliver work by connecting strategy, resources, and execution through innovative solutions.

Primary Area of Focus

The company's primary focus is on providing resource management solutions that enable organizations to forecast demand, plan capacity, and balance workloads across teams and skills in real time. This approach ensures that enterprises can fund the right initiatives, staff them effectively, and deliver results.

Industry Significance

ProSymmetry holds a significant position in the resource management industry, serving Fortune 500 and Global 2000 companies worldwide. Their solutions are recognized for transforming how organizations manage resources, contributing to improved efficiency and strategic alignment.

Key Strategic Focus

Core Objectives

Strategic Alignment: Ensuring that resource allocation aligns with organizational goals and strategic initiatives.

Operational Efficiency: Enhancing the efficiency of resource utilization to maximize productivity.

Agility and Flexibility: Providing tools that allow organizations to adapt to changing business conditions and priorities.

Specific Areas of Specialization

Resource Forecasting: Predicting future resource needs to prevent shortages or surpluses.

Capacity Planning: Assessing and planning the capacity required to meet project demands.

Scenario Planning and What-If Analysis: Evaluating different scenarios to inform decision-making and risk management.

Key Technologies Utilized

Tempus Resource Platform: A proprietary platform offering features such as bulk resource forecasting, skills and talent management, portfolio and resource capacity reporting, and interactive scenario planning.

Primary Markets Targeted

ProSymmetry primarily targets large enterprises, including many Fortune 500 and Global 2000 companies, across various industries that require sophisticated resource management solutions.

Financials and Funding

Specific details regarding ProSymmetry's funding history, total funds raised, recent funding rounds, and notable investors are not publicly disclosed. The company has achieved significant industry recognition, including being named a Challenger in the Gartner® Magic Quadrant™ for Adaptive Project Management and Reporting for four consecutive years, indicating strong market performance and financial health.

Pipeline Development

ProSymmetry's product development pipeline focuses on enhancing the Tempus Resource platform to meet evolving market needs. Recent developments include:

Tempus Insight+: Launched in November 2021, this module provides advanced reporting and predictive analytics capabilities, enabling users to make informed decisions and improve strategic planning.

ISO 27001 Certification: In June 2024, ProSymmetry received ISO 27001 certification, demonstrating its commitment to information security management.

Scaled Agile Platform Partnership: In April 2023, ProSymmetry was named a Scaled Agile Platform Partner, reflecting its dedication to enhancing business agility through resource management solutions.

Technological Platform and Innovation

Proprietary Technologies

Tempus Resource Platform: A comprehensive resource management solution offering features such as bulk resource forecasting, skills and talent management, portfolio and resource capacity reporting, and interactive scenario planning.

Significant Scientific Methods

Predictive Analytics: Utilizing data-driven insights to forecast resource needs and project outcomes.

Scenario Planning and What-If Analysis: Assessing various scenarios to inform decision-making and risk management.

Leadership Team

Key Executives

Sean Pales: Founder and Managing Director of ProSymmetry, leading the company's strategic direction and product development.

Greg Bailey: Vice President of Resource Management, overseeing resource management solutions and client relations.

Leadership Changes

No recent significant changes or appointments within the company's leadership have been publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The resource management and strategic portfolio management market is characterized by a growing need for organizations to align resources with strategic objectives, manage capacity effectively, and adapt to changing business conditions. The market is expanding as companies seek solutions to enhance operational efficiency and agility.

Competitor Analysis

ProSymmetry faces competition from various companies offering resource management and portfolio management solutions. Key competitors include:

Planview: Offers comprehensive portfolio and resource management solutions.

Smartsheet: Provides collaborative work management and automation solutions.

Microsoft Project: A project management software offering resource management capabilities.

Strategic Collaborations and Partnerships

Scaled Agile, Inc.: In April 2023, ProSymmetry was named a Scaled Agile Platform Partner, enhancing its ability to support agile delivery at scale.

VALKEEN: In July 2020, ProSymmetry partnered with VALKEEN, a Zurich-based consulting firm, to expand its resource management capabilities in Europe.

Operational Insights

ProSymmetry's strategic considerations include differentiating its offerings through advanced features like predictive analytics and scenario planning, maintaining a strong focus on information security, and expanding its global presence through strategic partnerships. These factors contribute to its competitive advantage in the resource management market.