BOULDER, Colo., Dec. 6, 2012 /PRNewswire/ — Rally advances its Agile Portfolio Management solution with a preview of cost management capabilities gained through the recent acquisition of Agile Advantage. Launched one year ago today, Rally Portfolio Manager incrementally adds customer-validated functionality, ensuring the product addresses today’s most pressing portfolio management challenges. A team dedicated exclusively to accelerating Rally’s PPM solutions is based in Rally’s newest Seattle-area engineering center.

“Program and Portfolio managers are under extreme pressure to deliver business value under conditions of high uncertainty,” said Todd Olson, Rally’s VP of Products. “Rally collaborates with customers who are directly experiencing this pain in order to give organizations exactly what they need – and nothing they don’t – to strategize, plan, execute, and optimize program and portfolio management with speed and agility.”

Executing on Rally’s vision to solve today’s portfolio management challenges by bringing Agile and Lean principles to the strategic level, Rally Portfolio Manager was launched to enable business and development leaders to actively steer their investments for the biggest returns. Over the past year, many Rally Portfolio Managers customers collaborated with Rally, provided feedback, and validated new functionality to help guide ongoing development of the solution.

“Since Rally has been instrumental in helping support our implementation of Agile and Lean methods, we wanted to collaborate with them as we reshaped and modernized our portfolio management capabilities,” said Autodesk’s Senior Program Manager for Planning, Governance and Metrics, Charlene Boroumand. “When we heard how Rally approaches portfolio management in an Agile way, we were excited to have a voice in how Rally Portfolio Manager aligns costing of portfolio initiatives with the value provided to the business.”

Delivery of this preview leverages innovative customer development techniques for building and launching products that meet customers’ needs. Do you find that the new features you release keep missing the mark with your customers and users? Have you struggled to bring new products and services to market? Rally packages its expertise into a new two-day Lean Innovation Workshop that teaches organizations of all sizes to apply similar concepts for discovering customers’ needs and getting desired products to market faster. Contact sales@rallydev.com to transform your organization into an entrepreneurial business by leveraging Agile and Lean principles to fast-track new technologies and drive innovation.

The one-year anniversary of Rally Portfolio Manager begins with an open house and tour of Rally’s new Kirkland office. Rally’s Agile Blog continues the celebration as customers share how Rally Portfolio Manager has provided value to their organizations.

Visit Rally’s Agile Portfolio Management Toolkit to view a Rally Portfolio Manager demo and to hear what thought-leaders (including Geoffrey Moore, Margo Visitacion, Dean Leffingwell, Jochen Krebs, Alan Shalloway, Johanna Rothman and Steve Johnson) and customers have to say about Agile Portfolio Management.

Share this story on Twitter: @RallySoftware celebrates one-year anniversary of industry’s first Agile Portfolio Mgmt Solution #AgileNewLevel

About Rally
Rally Software is a leading global provider of cloud-based solutions for managing Agile software development. The Rally Agile application lifecycle management (ALM) platform transforms the way organizations manage the software development lifecycle by closely aligning software development and strategic business objectives, facilitating collaboration, increasing transparency and automating manual processes. Companies use Rally to accelerate the pace of innovation, improve productivity and more effectively adapt to rapidly-changing customer needs and competitive dynamics. Rally supports 144,000 paid users and more than 1,000 customers, including 35 of the Fortune 100 companies.

Rally, the Rally logo, and Rally Software Development are trademarks of Rally Software Development Corp. Third-party trademarks are the property of their respective owners.

SOURCE Rally Software