It seems I've been asleep at the wheel and didn't notice the big news about the IBM acquisition of Systemcorp, a leader in the Project Portfolio Management (PPM) space, integrating their solution into the Rational Developer Suite. Read IBM's announcement here, and an eWeek article here.
I've worked with or talked with management at a number of PPM and requirements management software companies, but have always had a soft space in my heart for Systemcorp, based out of Montreal, Canada, and their PMOffice solution, having deployed it a few years back. And I'm not at all surprised that IBM made this move. As I outlined in a June 2004 entry looking at Microsoft's collaboration strategy, the PPM space is an integral part of enterprise collaboration. To truly reach efficiencies in product and software development, you have to take into account how you manage your teams. There's only so much you can do with process -- with the rise in multisite/offshore development, you need tools to help you manage your projects, and provide you with visibility.
Systemcorp had some solid integrations into Microsoft apps, and had moved from Java to the .Net platform in recent years. It'll be interesting to see what level of integration IBM will pursue with their first release. They claim they'll have a PPM offering within the next couple weeks, so we'll see.