Seattle, WA — July 2, 2012 — Daptiv, the on-demand leader in project portfolio management (PPM) software, today announced it has been positioned by Gartner, Inc. in the "Leaders" quadrant of the "Magic Quadrant for Cloud-Based Project and Portfolio Management Services," a new research report covering PPM Software-as-a-Service applications.
The Magic Quadrant evaluated 13 vendors across a broad range of criteria; Gartner evaluated Daptiv's ability to execute and completeness of vision which resulted in its being named a Leader.
Daptiv's SaaS-based PPM software is able to support the project execution needs to both internal IT departments and new product development organizations. Daptiv PPM offers a "long list" of integration points – which include Atlassian's Jira, Rally, Salesforce.com, SharePoint, and ServiceNow.com.
According to Gartner, vendors recognized as "leaders" in this Magic Quadrant " meet many PPM application functionality and process automation requirements of targeted consumers. Leading providers support the generation and management of project portfolios, and can track other types of demand, such as those specific to IT (for example, minor software change requests, application enhancements, and bug and error fixes), so managers can assess the cumulative impact that all types of work will have on a fixed resource supply. Product depth in several core PPM areas — such as demand management and analysis, advanced scheduling, and resource and cost management — sets Leaders apart from competitors. Some of the providers can support portfolio analysis (for investment prioritization). Some Leaders are increasingly offering a measure of program (versus project) management support in their products."
"We believe our placement in the Gartner report is a direct result of the unique, consultative approach we take with our customers worldwide in shaping our product roadmap and responding to evolving market needs on a global scale," said John Baldwin, CEO of Daptiv. "We feel being recognized as a Leader affirms our commitment to providing flexible and easy to use SaaS-based PPM solutions that offer a single source for planning, executing and monitoring projects across the organization."
The recognition by Gartner furthers Daptiv's momentum to date in 2012. The company announced record booking growth in the first quarter, up 88 percent compared to the same period last year. Daptiv's customer roster continues to grow, with organizations such as Dell Global Site Design, East of England Ambulance Service NHS Trust, Pacer International, Transaction Network Services, Inc., TT Electronics and Utica National Insurance Group deploying Daptiv PPM to gain visibility into project, program and portfolio execution.
To download the report, visit: http://www.daptiv.com/gartner-ppm-magic-quadrant.htm
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Founded in 1997, Daptiv is the leading provider of on-demand Project Portfolio Management (PPM) solutions. Daptiv has helped thousands of companies improve their strategic planning and business execution by offering adaptable PPM solutions and expert professional services. Daptiv's customers include world-class organizations such as Beam Global, Chase, Coach, Harvard University, Honeywell, InterContinental Hotels Group, and Virgin Australia.
Media Contact: Beth Mayer, Barokas Public Relations, 206.264.8220, email@example.com
i Gartner "Magic Quadrant for Cloud-Based Project and Portfolio Management Services" by Daniel Stang, June 27, 2012.