Changepoint
Helping Companies Realize Enterprise Agility

The paradigm shift towards digital business models is increasing pressure on enterprises to adopt newer technologies and move on the path of digitalization to stay competitive. At the early stages of the pandemic, an organization's ability to survive and remain relevant was primarily determined by the efforts they had made pre-COVID era. Companies with the most digital transformation maturity and culture to change often fared best. However, at this stage, it is imperative for any company, regardless of its previous positioning and experience in digital transformation processes, to explore leverage and restructure processes to reinforce standardization and automation in order to optimize business operations. In doing so, companies are faced with the age-old dilemma of inadequate interoperability associated with disparate IT systems procured from multiple vendors. To realize successful transformation, an organization should re-strategize and establish new business models and underlying supporting operating models to provide forecast pitfalls and adapt accordingly is the need of the hour amidst continually changing market dynamics. That said, robust enterprise architectures are critical in helping businesses navigate through the challenges of digital transformation initiatives amplified by pandemic, ensuring business continuity, identifying KPIs, and ultimately thrive in a post-COVID world. A leader in the project portfolio management (PPM) provider space, Changepoint offers professional services automation (SA), enterprise architecture management (EAM) solutions, and strategic portfolio management (SPM). The company has helped customers worldwide effectively manage their digital transformation initiatives with its suite of purpose-built portfolio management solutions for project and program management offices, services organizations, enterprise architects, and business transformation teams. "A reason our company offers a variety of enterprise portfolio disciplines is to support our clients across different business regimes, starting from building a strategy to execution continuum. We believe in the philosophy that helping will sell but selling won't help while engaging with clients," says Matt Scheuing, Changepoint CEO.

An integrated approach to Business and Technology Portfolio Management

Today's changing business landscape calls for an adaptable, intuitive, and intelligent solution to configure project transformations, engagement, and application portfolios. Changepoint helps project management offices become a strategic influencer in an enterprise by highlighting the interdependencies and the impacts of those projects. The company helps clients maximize resource utilization, enhance financial control, and align outcomes and revenue to core objectives by empowering them to make informed and innovative business decisions that are consistently reshaping their operations. The Seattle-based company offers an Enterprise Architecture Management (EAM) platform (formerly known as barometerIT) that accurately maps an enterprise's architecture in real-time and provides actionable insights to support application rationalization, IT alignment, portfolio optimization, and many more. Changepoint's EAM platform brings clarity to their biggest business challenges enabling executives and stakeholders to gain transparency from business impacts and dependencies to the underlying assets supporting the organization. The company's unique customer-centric approach establishes a sense of excitement, engagement, and transparency to help enterprises drive innovation while enabling them to evolve constantly by adapting to the trends of its business ecosystem. Changepoint creates inventories of valuable data during such engagements by surveying direct users and configuring its EAM platform based on these client preferences to simplify collaboration, improve visibility, and decision-making for saving time, money, and resources.

A reason our company offers a variety of enterprise portfolio disciplines is to support our clients across different business regimes, starting from building a strategy to execution continuum

Crowdsourced data within Changepoint EAM provides a multi-dimensional, real-time view of an entire organization by leveraging a graph database that visually maps relationships like strategies and their alignment to different business and IT enablers. This enables stakeholders to assess changes quickly, forecast business hurdles, identify, remediate, or tackle roadblocks proactively on their current roadmap. Furthermore, its user-friendly and intuitive interface allows any employee to understand the impact of change initiatives easily, streamline innovation processes, and mitigate risks while adapting to transformational changes in real-time.

"We believe in the philosophy that helping will sell but selling won't help while engaging with clients"

Chaos Creates Opportunity

"The more turbulent, the better value we provide; Changepoint EAM is designed to grow with the customer," says Scheuing explaining how some of the functionalities and content-rich graphs help clients ensure that their transformative efforts are practical and aligned with their strategic goals. To further illustrate the company's efficacy, a leading Belgian insurance firm prior to adopting Changepoint's solutions had no standard format for data files, and information was difficult to locate. In addition, they faced the challenges of driving digital transformation at the organization. Changepoint was tasked with helping the client move away from its smaller, limited vision of project portfolio management to a more extensive scope that encompasses enterprise portfolio management and opportunity planning. Due to the lack of a central repository, standardization, and organization in the PMO— it was difficult to drive digital transformation that reduced time spent in searching for files. Ethias adopted EAM from Changepoint to drive their digital transformation endeavor and allow them to have greater visibility. The company's flexible, easy-to-use, and intuitive solution helped the client identify dependencies between project portfolios with a 360-degree view of the environment and limited disruption of future problems.

The COVID-19 era has posed significant challenges for the survival and development of small- and medium-sized enterprises (SMEs) in particular. As countries go in-and-out of lockdowns in order to control the spread of the virus, the global supply chain has been primarily disrupted with delays in the resumption of work, greatly reducing firms' bottom line. Overall, the pandemic reinstated a reset mode, making enterprises re-evaluate their existing business strategies and accelerate the digital-first approach. In a short span of time, many organizations were forced to adopt new internal working practices and offer products through digital business models by implementing solutions based on emerging technologies. Although digitization is not a recent phenomenon, its repercussions and pace of technological disruption in any sector have been significantly accelerated by the seismic effects of the COVID-19 pandemic. With Changepoint EAM, enterprises can ensure that their digital transformation initiatives are effective and aligned with their business objectives.