G2'S Summer List 2024 Featured

In the last 2 years, Shorter Loop has been consistently ranked on G2 in their product management grid as ‘High performer’.

Our inclusion in G2’s Summer List 2024 is a proud moment for Shorter Loop. The strong relationships we build with our customers are integral to our success, reflecting our commitment to exceptional support and user satisfaction. We extend our heartfelt thanks to our users for their unwavering support and trust.

Shorter Loop has been ranked among 75 product management software on the following:

Rated #1 for Quality of Support
Rated #2 for Ease of Use
Rated #2 for Analytics
Rated #3 for Roadmaps
Rated #3 for Budgeting
Rated #3 for Timelines
Rated #3 for Meets Requirements
Rated #5 for Project Management
Rated #5 for How competitive do you find the pricing of the product?
Rated #5 for Community Forum
Rated #6 for Team Collaboration, Customer Ideation Rated
#6 for Team Scorecard Rated
#6 for Work Capacity Rated
#7 for Task Management Rated
#7 for Release Forecasting

G2 and Its Significance

G2 is a renowned platform where businesses can discover, review, and manage software. Their lists are highly respected in the industry because they are based on authentic user reviews and comprehensive market presence analysis.

G2's recognition is invaluable as it signals to potential customers and partners that a product is reliable, effective, and well-regarded by its users.

Product Management Relationship Index

Shorter Loop is especially honored to have received a Relationship Index score of 8.59 out of 10 reflecting our users' satisfaction with our ease of doing business, quality of support, and likelihood to recommend us. This high score demonstrates our dedication to fostering strong, positive interactions with our clients, ensuring their success and satisfaction.

The Relationship Index for Product Management is scored based on Ease of doing business, quality of support, and likelihood of recommending any product.

Shorter Loop has achieved an impressive Usability Index score of 8.10 out of 10 on G2’s Summer List 2024. This recognition underscores our commitment to providing a user-friendly product management solution.

The Usability Index is scored based on ease of use, ease of administration, and overall adoption of the product.

Our high score reflects the intuitive design and seamless experience our platform offers, making it easy for teams to integrate and utilize effectively. This achievement highlights our dedication to ensuring that our product is accessible and efficient for all users.

Being recognized for our usability on G2’s Summer List 2024 is a testament to Shorter Loop's commitment to creating a user-friendly and effective product. Building strong relationships with our users through a seamless and intuitive experience is crucial to our success. We deeply appreciate our users' support and trust as we continue to innovate and enhance our platform.

Asia Pacific, Asia Regional Product Management Grid Scoring

We're thrilled to announce that Shorter Loop has been featured on G2’s Summer List 2024 as a “High Performer” in the “Product Management Grid”!

This recognition is not just a testament to our relentless pursuit of excellence but also a significant milestone that fills us with immense pride.

The Grid for Product Management ranks products based on customer satisfaction and market presence. Products are categorized into Leaders, High Performers, Contenders, and Niche products.

Being highlighted among the top performers in the industry reflects our commitment to delivering exceptional product management solutions and underscores the trust and satisfaction of our users.

Special Recognition - Small Business High performer Badge

For usability, overall ease of using the software, collaboration, continuous discovery, product vision, persona identification to value prop and business model to MVP creation to identify right PMF with AI-Powered discovery and user feedback analysis, along with digital whiteboard, document management, and systematic way of developing products from prioritization, to roadmap user story building and integrating with Jira (2-way integration and webhook), Slack, Analytics Tools such as Google Analytics, Mixpanel, Amplitude that supports time series analysis gives small businesses, SME, SMBs a boost to use one product that has all the product management components and streamlining communications and collaborations.

Conclusion

Our inclusion in G2’s Summer List 2024 as a High Performer is a proud moment for Shorter Loop. It validates our hard work and dedication to providing top-tier product management solutions. We extend our heartfelt thanks to our users for their unwavering support and trust.

As we move forward, we remain committed to continuous improvement, innovation, and delivering exceptional value to our community.

Learn More About Product Management Software

(source: G2)

What is Product Management Software?

Product management software assists businesses with the conceptualization, planning, and execution of creating a product. These tools allow teams to track idea generation, assign and prioritize tasks, share ideas, and consolidate process information like testing results and bug tracking. This informational organization helps teams stay on track during an otherwise chaotic product development journey and present a complete, requirements-driven final product.

Key Benefits of Product Management Software

Organization — Product creation, no matter the size or scope, can get messy quickly. Product management solutions help rein in the clutter, creating an overall cleaner and more organized product creation experience.
Consolidation — Store all the information you will need about product development in one place for easy access. Track bugs, user feedback, testing results, individual and team timelines, and more, all in the same dashboard or interface. Manage tasks that different team members will complete, schedule due dates and meetings, and let all involved in the product process generate ideas toward the final product with whiteboarding functionality.
Transparency — With product management solutions, every step of product development becomes trackable. That promotes constant transparency to all parties regarding the progress of any given task. This helps teams stay on target, as well as identify any pieces of development that need bolstering.

Who Uses Product Management Software?

Product development is somewhat unique, in that multiple, diverse teams and departments can and often will collaborate in the same space, facilitated by product management software. Product development must take scoping and input from accounting, higher management, user research, engineering, coding, and other departments, and product management software brings their collective feedback together.

Team managers can find value in being able to organize tasks, assign them to different team members, and prioritize pieces of the development cycle. Product management tools enable this and also offer reporting options that can be accessed by immediate and higher management so that they can check on production goals. Product developers (e.g., coders, and engineers) can track the progress of delegated tasks and any tangential tasks. All of this comes from the ability to add input regarding overall progress, feature suggestions, and more.

What are the Common Features of Product Management Software?

Idea input and tracking — Allow team and management input on products in development. Track who submits ideas, how those ideas are expanded upon, and how they might be implemented.

Task assignment — Leave no confusion about which team members should tackle which objectives. Assign tasks and due dates, and transparently track progress.

Scheduling — Keep a broad array of timelines, from individual task due dates to sprint goals to major piece completion dates.

Collaboration tools — Make sure that everyone involved in an aspect of a product is on the same page. Product management tools facilitate open communication and transparency between teams.

Reporting — Allow management and product managers to keep track of progress, costs, timeframes, and more with visualizations and reports.

Trends Related to Product Management Software

Agile development — Agile has expanded beyond just software development. Teams now use the agile structure as a more robust, responsive way of creating products as a whole. It enables greater flexibility if a project runs into a snag, and it also creates more room to improve and expand on ideas that arise during product development.

Value-driven production — While it can be beneficial to pump products full of a variety of features, product creation is coming back around towards value-driven products. Features don’t matter if they add no value to the overall product, so product creation should focus first on generating value, and then additional features can be added if they provide further value for the product.

Potential Issues with Product Management Software

Integration — Be sure when selecting a product management software that it integrates with your existing software. Reach out to the product management solution provider if you’re unsure whether or not your existing solutions would be supported.

Feature count — While small companies are more likely to need fewer overall functionalities, large corporations may require extensive, feature-heavy ones from their chosen product management tool. When searching for a product management solution, verify that the features of the software fit your company’s needs without overloading them.

Reporting — Every team is different, and because of this, there may be differences in the reporting needs that each team’s management has regarding a product. Verify that the report options in a product management solution meet the needs of the teams and higher administration that might also be involved in your product creation process.

Software and Services Related to Product Management Software

Product management software vs. project management software — While product and project management have similar functionality, project management software can still supplement the capabilities of product management software. For example, project management tools are made to facilitate any given business project, whereas product management focuses specifically on product development.

Product management software vs. PLM software — Product management and PLM (product lifecycle management) tools are quite similar, though PLM tools offer more extensive features regarding post-production management of any other products a business has created.

Product management software vs. requirements management software — These two solutions should integrate. Requirements management tools help teams maintain a solid understanding of what features and functionalities are expected of the final product. Product management tools then guide teams toward making those expectations a reality.

Some more….

Product management software is used to develop and improve a business’ software products quickly and efficiently. These solutions enable product managers and their teams to collect new ideas and user feedback, analyze product performance, and execute specific plans to create and improve products and features. While these tools are primarily used by product managers and product teams, they also provide increased transparency and insight into product development for other departments, including marketing and sales.

Product management tools offer several features to organize and execute informed product plans.

Roadmap features break down workflows from ideation to product launch, continuously tracking a product team’s progress and allowing for adjustments to timelines.

User feedback management features and analytics allow product teams to prioritize the most critical tasks or backlog them to revisit in a future sprint.

Product management solutions also provide tools for resource allocation, product portfolio management, and agile workflows, such as sprint planning, user testing, and bug tracking, for development teams.

Some product management software may offer collaboration features, including chat or comment threads.

Product management software has some similar principles to the road mapping features offered by project management software; however, its differentiating features improve software product development cycles specifically by incorporating user feedback management and product analytics.

To qualify for inclusion in the Product Management category, a product must:

Provide idea management for software product creation and improvement

Allow users to prioritize and backlog development tasks for increased organization
Offer roadmapping to track product development progress
Allocate resources to specific tasks based on employee strengths, skills, and availability
Natively provide or integrate with user feedback analytics and bug-tracking tools
Natively provide product release analytics
Specifically enables the creation and development of software products and features