Innotas Positioned in “Visionaries” Quadrant for IT Project and Portfolio Management

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In Report "Magic Quadrant for IT Project and Portfolio Management"

Innotas, a leading provider of software-as-a-service (SaaS) IT governance project portfolio management (PPM) has been positioned by Gartner in the Visionaries Quadrant Gartner’s 2010 "Magic Quadrant for IT Project and Portfolio Management" by Dan Stang, principal research analyst.

The research evaluated 31 vendors on ability to execute and vision. According to Gartner, “Vendors in the Visionaries quadrant are enjoying steady growth in customer count and demonstrate good market execution. The Visionaries of the 2010 IT PPM Magic Quadrant represent the hottest, most active area of the IT PPM market.”

Innotas, with its software-as-a-service delivery model, also enables customers to be implemented in weeks not years with fast and successful adoption rates.

"We are pleased to be recognized again by Gartner as a Visionary in the project portfolio management space,” said Kevin Kern, Innotas CEO. “We are delighted with Gartner’s validation of our IT governance focus and go to market strategy. We provide CIO’s the tools that enable their organizations to be considered value-centers versus cost centers and we will continue to meet and exceed expectations while delivering excellent product and services.”

In addition to Innotas’ inclusion in the Visionary quadrant of the Gartner report, Innotas was also recognized as a “Cool Vendor” by Gartner in their “Cool Vendors in Application Strategy, Governance and Overhaul, 2010" report and as a Leader by IDC its IDC MarketScape SaaS/On Demand ITPPM Market View.

Magic Quadrant Disclaimer
The Gartner Magic Quadrant is copyrighted 2010 by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Gartner's Cool Vendors Selection Process
Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose. Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About IDC MarketScape
The IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Innotas
The Innotas on-demand IT Governance solution is an easy-to-use, rapid-to-deploy, and cost-effective way to manage resources and budgets across an IT department's entire inventory of projects, portfolios, applications, assets, and service requests. With its strong foundation in Project Portfolio Management and Application Portfolio Management, Innotas provides CIOs and IT management with visibility across both strategic initiatives and sustaining operations for improved decision making across the entire IT portfolio. Our customers, including the State of Montana, City of Memphis, Crayola, Forbes, Hamilton Beach, Burlington Coat Factory, The Northwest Company Inc., World Vision and many others, span a wide range of industries including financial services, government, healthcare, retail, technology, telecommunications and energy. For more information please visit http://www.innotas.com or contact us at 415-263-9800 or toll free at 1-866-692-7362.

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Michelle Kim
Innotas
415 263 9783
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