Project management (PM) software might be on its way to becoming an underappreciated technology gem across industries and enterprise environments. Analysts expect that by 2030, the market will exceed US$15.08 billion with a compound average growth rate of 10.68%.

PM software helps organize time and resource management, creates business and employee performance reports, and better connects managers and leaders with strategy effectiveness. These platforms can also facilitate team collaboration.

Not all PM platforms, however, are the same. Coordinate developed its product CoordinateHQ to deliver project management and universal collaboration through a simple client portal experience. The software removes the complexity and inefficiencies inherent in established PM solutions, making it easier for hybrid teams and their clients to work together.

CoordinateHQ does this by eliminating the friction of communicating with a client through a mix of email, spreadsheets, and messaging tools while trying to ensure teams execute and deliver. It also streamlines communication and automates processes for client service organizations to drive alignment and scale. In addition, CoordinateHQ integrates with other software like HubSpot.

The project management market will continue to evolve in 2024 and beyond. It will produce innovations and new products that help companies break through the noise instead of adding to it, according to Rick Morrison, co-founder and CEO of CoordinateHQ.

“It will continue to be noisy. We’re going to see tools arise that help teams work better together, especially across organizations, functional areas, and geographies,” Morrison told TechNewsWorld.

Upstart Innovator on the Move

Morrison started his company to address a need he had personally experienced. Initially, the startup over-indexed on helping companies keep their clients’ goals a key priority. The founders then expanded into project management between clients and their customers.

“The first live customers came in 2021. We have customers that have grown 10 times the size of their team, enabled by CoordinateHQ,” offered Morrison.

In 2023, the company added features to help entire teams. These included automation via templates and workflows, improved UI, forms, time tracking, white label capabilities, e-signatures, and many more, all driven by its customers.

“We started seeing real customer growth by revenue and customer count in 2022. We 4x’d revenue in 2023. In 2024, we’re continuing to partner with our customers to dictate product direction to make their lives easier,” said Morrison.

Peeling Back the Project Management Curtain

We asked Morrison to share his insight into what awaits around the corner and why project management can be an organization’s secret weapon.