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

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

San Francisco, CA, 7/30/2010 -- 

Innotas, (www.innotas.com), a leading provider of software-as-a-service (SaaS) IT governance project portfolio management (PPM) has been positioned by Gartner (www.gartner.com) 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

Innotas, the leading provider of Cloud Portfolio Management solutions, delivers a seamless way to manage projects, resources and applications across the enterprise. Innotas’ solutions include Project Portfolio Management (PPM), Application Portfolio Management (APM), Resource Management, Agile Portfolio Management, and the Innotas Integration Platform. Among its many recognitions, Innotas received the San Francisco Best Places to Work award again in 2014. Founded in 2006, Innotas is headquartered in San Francisco and has hundreds of customers nationwide, across healthcare, government, education and other industries. For more information, visit www.innotas.com or call 866-692-7362. Follow Innotas on Twitter at @Innotas.

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For more media information, contact: Lisa Hendrickson, LCH Communications for Innotas 516-767-8390 lisa@lchcommunications.com