Alfabet IT Planning & Portfolio Management vs MEGA HOPEX vs Wrike comparison

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4,165 views|2,125 comparisons
84% willing to recommend
Wrike Logo
4,220 views|2,974 comparisons
98% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Alfabet IT Planning & Portfolio Management, MEGA HOPEX, and Wrike based on real PeerSpot user reviews.

Find out what your peers are saying about monday.com, Broadcom, ServiceNow and others in Project Portfolio Management.
To learn more, read our detailed Project Portfolio Management Report (Updated: April 2024).
769,789 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The dashboard is the most valuable feature."

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"The ability to customize is valuable.""The platform is stable.""It is very interactive.""The support experience in Latin America is great.""MEGA offers a more integrated GRC platform to facilitate enhanced coordination between the functions of Risk, Compliance, and Internal Audit on a single platform solution - HOPEX.""The main feature I find crucial in MEGA HOPEX is the catalog view, which provides a comprehensive visualization of all artifacts in one repository. Another valuable aspect is the availability of out-of-the-box outcomes, such as strategy maps and BPA models, eliminating the need for additional configuration. MEGA HOPEX allows users to focus on specific business areas, like risk management or data governance, providing a high-level overview while enabling deep dives into specific areas of interest. For risk management, MEGA HOPEX allows users to assess impacts, create recovery plans, and track action plans.""We use the portfolio management feature heavily.""An advantage is its accessibility."

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"It's a very easy-to-use and flexible tool. We can easily write and create queues for different themes. It's very user-friendly.""Visibility and organization are the most valuable features of Wrike.""This is a good tool for project progress tracking and sharing tasks with internal and external parties.""We can easily write down the tasks and reorganize them as well as have a progression index. Wrike offers several views including a kanban view and Gantt chart view.""The most valuable feature of Wrike is the tag functionality.""We utilize time tracking and reports most often.""The solution is stable and reliable.""In our company, we heavily rely on Wrike. Wrike has helped in communication, managing all sorts of projects and tasks, and having a history of all our correspondence items."

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Cons
"The user-experience, enhanced performance, and in-hand governance can be improved."

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"MEGA HOPEX's problem is that it is expensive, but it's a fantastic tool.""Needs a friendlier import/export to other modeling tools.""The initial setup is a little complex.""An area for improvement in MEGA HOPEX is its vast learning curve. The tool is also heavy, so that's a pain point. MEGA HOPEX is also tricky to use if you don't train for many hours.""MEGA HOPEX's initial setup could be easier. The newer version is better but they still need to improve the process. The deployment took approximately four to eight hours.""The interface must be improved.""This product is expensive and would be improved by lowering its price.""The initial setup can be quite complex at first."

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"What annoys me with Wrike and things that I would like to improve is that you need to have a very organized workflow that everyone in the company follows, and only then will Wrike work.""The response from the website is a little bit slow, and the tool is too expensive for a small team.""The product needs to send direct emails to customers updating the latest aspects since it is better to hear directly.""Wrike needs to be more responsive to community requests for new features.""On one side, it's very easy to create a task with text, but on the other side, it's not very well-formatted. Therefore, it's difficult to track specific data written in a task. We are making templates, but it's not enough to use a template to know the exact status of different tasks. One thing that we are looking for in Wrike is a better workflow. Because we can only move the status of tasks, we can't really manage workflow and send a task to a specific person. This is what is really missing in Wrike as compared to other tools. We are looking to replace Wrike because we need support for workflow. Another issue with Wrike is that they bring a lot of versions of the tool, which it's not so easy. They bring new versions very frequently, and these versions look similar. For example, we are using robots to read the tasks in the tools, which is problematic with Wrike because it is changing very frequently.""This solution could be improved if we were able to better analyze how the application consumes cloud resources as this can cause a delay in performance.""We feel that the actual project reports and roll-ups could be a lot different. We are seeking something more for the dashboard. We would like a high-level dashboard that can be broken down into individual product roll-ups and tasks that are assigned. If you assign someone to a task, it assigns them all of the tasks under that. We want to be able to break those down so that a person doesn't have an 800 task list, for example. We want more separation with that and a higher-level dashboard experience.""It would be great if they could develop more reporting."

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Pricing and Cost Advice
  • "The solution is expensive. There is a yearly licensing cost. There are no additional costs, only the standard license, and the cloud license."
  • More Alfabet IT Planning & Portfolio Management Pricing and Cost Advice →

  • "If you want to use additional features, such as the Risk Management capability, then it is a little too expensive."
  • "It is very expensive."
  • "The price of the MEGA HOPEX license could improve, it is expensive. The license key for business process analysis and IT architecture is approximately €10,000. This price is fixed, it's not a subscription or cloud-based version. It is a one-time price."
  • "The price of the support depends on the vendors that are reselling this module or the MEGA HOPEX version 5. We are on premium support and are their only partners in the GCC, we have a premium support contract with them. The support we have is not with the client. The client does not bear the cost, it's us who bear the cost."
  • "I've been told that MEGA HOPEX is very expensive, which is why small organizations dismiss the tool. It's complex and costly versus other simpler and cheaper solutions."
  • "The product has a high cost."
  • "The tool is relatively expensive."
  • "The pricing depends on the number of licenses purchased."
  • More MEGA HOPEX Pricing and Cost Advice →

  • "Wrike is not so expensive, but I don't know exactly how it compares with other tools. Wrike might not be so cheap when we are using it for a lot of users."
  • "From a pricing perspective, I would rate Wrike a four out of five."
  • "Wrike is expensive."
  • "Wrike is very expensive, and its price is almost $1,400."
  • More Wrike Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The dashboard is the most valuable feature.
    Top Answer:The solution is expensive. There is a yearly licensing cost. There are no additional costs, only the standard license… more »
    Top Answer:The user-experience, enhanced performance, and in-hand governance can be improved.
    Top Answer:Hi @Cheryl Joseph ​Looking at the crossover between Project and Portfolio management with EA, then Planview could be a… more »
    Top Answer:The pricing depends on the number of licenses purchased. Typically, the more licenses you buy, the lower the cost per… more »
    Top Answer:The most valuable feature of Wrike is the tag functionality.
    Top Answer:The response from the website is a little bit slow, and the tool is too expensive for a small team. We are a startup… more »
    Ranking
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    8.0
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    4,165
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    2,125
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    Average Words per Review
    459
    Rating
    8.2
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    4,220
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    2,974
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    335
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    8.2
    Comparisons
    Also Known As
    planningIT, alfabet planningIT, Alfabet IT Planning and Portfolio Management
    Learn More
    Overview

    Software AG's Alfabet IT Planning & Portfolio Management Platform provides decision-makers with insight into the IT portfolio to make the right IT investment decisions and to plan how IT will support the business in the future.

    MEGA HOPEX is a single software platform that combines integrated software solutions including privacy and data management, business process analysis, and risk management. By connecting business, IT, data, and risk perspectives, MEGA HOPEX helps your organization get the visibility you need and also helps improve decision-making by using connected EA to eliminate silos and foster collaboration. As a SaaS solution, MEGA HOPEX is scalable, flexible, and secure. It relies on Microsoft Azure infrastructure and is designed to seamlessly and easily integrate into your digital ecosystem. The MEGA HOPEX platform enables you to develop an integrated approach to risk management, business optimization, and data governance, as well as to build a clear IT roadmap.

    MEGA HOPEX Features

    MEGA HOPEX has many valuable key features. Some of the most useful ones include:

    • Flexible metamodel configurability: MEGA HOPEX can be adapted to your operating model with easy-to-use customization options. In addition, it gives you the option to expand functionalities and import ready-to-use content through the HOPEX store.
    • Intuitive workflows: The MEGA HOPEX platform includes intuitive workflows that help accelerate business value delivery and also helps to foster collaboration among all stakeholders.
    • Ready-to-use enterprise portal: With MEGA HOPEX’s ready-to-use enterprise portal, it is easy to share insights across your entire organization.
    • Contextual search: MEGA HOPEX has a contextual search functionality that enables you to find accurate and trusted data easily with the option to also use filters to narrow your search results.
    • Reporting and dashboarding: MEGA HOPEX offers out-of-the-box templates for reports and also allows you to build your own reports to monitor and govern your projects with actionable insights and recommendations.

    MEGA HOPEX Benefits

    There are many benefits to implementing MEGA HOPEX. Some of the biggest advantages the solution offers include:

    • Data-driven algorithms: MEGA HOPEX provides smart recommendations based on data-driven algorithms, giving you the ability to share actionable insights using a collaborative enterprise portal and mobile apps.
    • Intuitive modeling engine: The MEGA HOPEX platform enables you to visually communicate how your operations work and see how business, IT, and data are connected through building different diagrams. 
    • Improved collaboration and alignment: MEGA HOPEX has a data discovery tool that extracts data from various sources to build your data catalogs. The platform’s automated discovery of applications, data, and processes, along with its automated diagram generation and intelligent workflows, improve productivity, collaboration, and alignment.
    • Accelerates project delivery: By using MEGA HOPEX, you can develop synergies and avoid duplicative efforts by connecting strategy, business, IT, data, and risk perspectives on the same platform.

    Reviews from Real Users

    Below are some reviews and helpful feedback written by PeerSpot users currently using the MEGA HOPEX solution.

    PeerSpot user Kayode A., Enterprise Architecture Consultant at ZealHosts Consulting, says, “What I find the most valuable is the process workflow. It is really good. The fact that you can decompose is also valuable, as is the file D structure. Also, the fact that you can have your own logical repository structure and you can drag and drop is very valuable. This is largely because of its intuitiveness. Once you understand the logic behind the tool, MEGA HOPEX is quite intuitive. I also like the ability to create custom reports. I like the fact that you can share repository content via web to other end users who are not architects.”

    A Software Architect at a transportation company mentions, “The main feature that we like the most is the ability to have a unique repository where all the architects can interact and play together with the shapes of different architecture solutions. They have a unified repository where users can share the developments they're working on. Its availability is very good.” 

    An IT Consulting Manager at a tech services company comments, "We have many use cases for this solution but the feature I have found most valuable is the IT Portfolio Management module."

    Wrike is an online collaboration and project management software bringing together centralized task management and social collaboration features into one real-time workspace. It connects tasks, discussions, and emails to your actual project plan. You get an up-to-date picture of the project and can keep your team aligned with your strategy without boring status meetings. Challenges Wrike helps solve:

    • Data silos: Tasks, discussions and documents scattered across email, Skype, personal computers and spreadsheets
    • Poor visibility into work status
    • Missed deadlines and project failures

    Main benefits:

    • Accelerating project delivery by using a platform your team will actually use and love
    • Keeping all team members on the same page even across borders without lengthy status meetings, long email threads and spreadsheet updates
    • Big picture of project progress with real-time updates and cross-project reports and newsfeed
    • Real-time team collaboration with discussions, files attached to tasks, and a built-in document editor


    Why Wrike?

    • Wrike is a system your team will use. It helps them do their work, not just track it.
    • Wrike can be easily customized to your needs as each team can set up their own workflow.
    • Wrike scales as you grow, providing visibility and ease of use for teams of any size.
    Sample Customers
    FUJITSU, Coca Cola, ING, CreditSuisse, CosmosDirekt, GTA, Echo Entertainment Group, Electrolux, Cern
    Aetna, Fannie Mae, M&T Bank, Glatfelter Insurance Group, Zions Management Services Company, The College Board, Baxter Credit Union, AXA Financial, Missouri Department of Conservation, New York State OTDA, MEG Energy Corp, Walgreens, Procter & Gamble, Biogen Idec, Gilead Sciences, Organic Valley, Trinity Health, Nissan and Ford
    Down Association, Clever Clicks, Sevenly, Palatov Motorsport, LLC, Koch Ink, Opportunity To Do, Quark Software Inc., Transamerican Auto Parts, PlumChoiceÂ, Inc., InScribe, Evisions, Giant Steps, TechRepublic
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm18%
    Computer Software Company11%
    Government11%
    Insurance Company10%
    REVIEWERS
    Financial Services Firm30%
    Transportation Company17%
    Insurance Company9%
    Computer Software Company9%
    VISITORS READING REVIEWS
    Educational Organization38%
    Financial Services Firm15%
    Government6%
    Computer Software Company6%
    REVIEWERS
    Religious Institution15%
    Marketing Services Firm13%
    Construction Company8%
    Financial Services Firm8%
    VISITORS READING REVIEWS
    Educational Organization81%
    Computer Software Company2%
    Manufacturing Company2%
    Financial Services Firm2%
    Company Size
    VISITORS READING REVIEWS
    Small Business13%
    Midsize Enterprise11%
    Large Enterprise76%
    REVIEWERS
    Small Business33%
    Midsize Enterprise13%
    Large Enterprise55%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise43%
    Large Enterprise47%
    REVIEWERS
    Small Business70%
    Midsize Enterprise13%
    Large Enterprise17%
    VISITORS READING REVIEWS
    Small Business6%
    Midsize Enterprise83%
    Large Enterprise10%
    Buyer's Guide
    Project Portfolio Management
    April 2024
    Find out what your peers are saying about monday.com, Broadcom, ServiceNow and others in Project Portfolio Management. Updated: April 2024.
    769,789 professionals have used our research since 2012.