Magic Quadrant for IT Project and Portfolio Management Applications, 2008
San Francisco, CA (PRWEB) September 19, 2008
Planisware today announced that it has been positioned by Gartner, Inc. in the challengers quadrant in the Gartner Magic Quadrant for IT Project and Portfolio Management Applications.* In addition Gartner pointed out that Planisware "best suits more capable IT organizations that are oriented toward product development".
"We see a trend in the corporate world where all projects, whether IT or product related, are coming under increased scrutiny to ensure they are in line with corporate objectives and profit goals. We are also witnessing a need from our customers toward a more enterprise-wide or corporate portfolio management solution that encompasses both IT and product development. We believe Planisware is best suited for companies with a desire to manage their business with a solution that encompasses IT, engineering, marketing and finance stakeholders," said Pierre Demonsant, CEO of Planisware.
The Planisware system--which features integrated portfolio management, investment and budget management, financial and resource forecasting, idea management, project management, resource planning and time and budget management--has achieved significant growth and even broader market acceptance in the past year.
With the release of Planisware 5 the Planisware system now includes sophisticated financial health forecasting and monitoring as well as top down capital allocation and strategic bucket definition. These additional features allow finance and marketing to participate in the corporate portfolio process, bringing financial forecasts in line with real costs in order to maximize the value of the portfolio. Additionally the Planisware system is perfectly suited for both IT and product development processes allowing an organization to standardize on one solution that satisfies all requirements.
- Gartner, Inc., "Magic Quadrant for IT Project and Portfolio Management Applications, 2008" by Matt Light, Daniel B. Stang, June 13, 2008.
Planisware is the leading global Product Portfolio Management software company supplying real solutions to companies managing complex R&D investments. The acclaimed flexibility of the Planisware solution allows customers to align the software solution with key business programs and portfolio management processes. Planisware is a profitable, growing, global company with 30% annual growth, 150,000 users and over 100 Global 1000 companies as customers. To learn more about Planisware, visit http://www.planisware.com, call 888-752-6479 or info(at)planisware.com