ServiceNow recently announced that its ServiceNow ITBM products will now be known as Strategic Portfolio Management (SPM). The renaming is primarily intended to better reflect the products' focus on planning, delivering, and tracking business results across all organizations and across disparate systems.

Better linking strategy and execution

In times of constant change, agility is the key to success. Leading companies have already recognized this and have built organizational structures and acquired capabilities that support the agile way of acting and enable the early recognition of opportunities and risks and take them into account in further action. ServiceNow Strategic Portfolio Management supports companies in a central role and enables continuous, collaborative, and contextual alignment at all levels of your organization. This enables you as an organization to act with agility and make data-driven decisions quickly - always with the goal of maintaining and increasing customer value.

With ServiceNow SPM, you can ensure that no matter what approaches your teams use to deliver the work, all stakeholders and investments are aligned around a common goal: customer value. Stay agile and track their performance in real-time. Plus, plan, adapt and communicate your strategy while staying focused and agile. 

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