Innotas Positioned in the “Visionary” Quadrant in Leading Analyst Firm’s Magic Quadrant for Integrated IT Portfolio Analysis Applications

Leading Provider of IT Management Solutions Evaluation Based on Completeness of Vision and Ability to Execute

San Francisco, CA, 8/17/2011 -- 
Innotas, a leading provider of Cloud Solutions for IT Management, has announced today that it has been positioned by Gartner in the “Visionaries” quadrant for the 2011 "Magic Quadrant for Integrated IT Portfolio Analysis Applications”.
The first iteration of this Magic Quadrant introduces coverage of integrated IT portfolio analysis applications. These applications help IT managers link their respective non-project-related portfolios and perspectives, while giving them access to a strong set of project portfolio management functions for investment planning, visibility, and prioritization. Overall, 13 solutions were evaluated based on their ‘ability to execute’ and ‘completeness of vision.’ Each solution was then positioned in one of four quadrants: niche players, challengers, visionaries, and leaders.
Gartner states that “Visionaries resemble Leaders in many ways, especially when comparing them against criteria such as product vision and innovation. Visionaries alternatively demonstrate a strong vision for innovative thinking around holistic, configurable IT strategy definition and measurement during IT portfolio decision making and management. For example, products from some Visionaries provide direct IT strategy definition, planning, measurement and tracking without being dependent on the construction and definition of a program or project hierarchy as a prerequisite platform, where others are bound to build the same on their legacy project architecture. Visionaries may or may not be as financially sound as Challengers or Leaders in this new market. Some of the vendors populating the Visionaries quadrant are SaaS vendors. Thus, these vendors can provide strong IT portfolio management capabilities, while offering customers a low-risk investment option in technology via 12-month subscription-based software agreements.”
"We have worked very hard to be recognized as a “Visionary” in the new integrated IT portfolio analysis applications space," said Kevin Kern, President and CEO of Innotas. "We believe our positioning as a “Visionary” as well as our most recent rating as “Strong Positive” in the 2011 MarketScope for Project and Portfolio Management Applications underscores our position as one of the leading providers of cloud-based IT Governance, Project Portfolio Management, and Application Portfolio Management solutions.”
About the Magic Quadrant
The Magic Quadrant is copyrighted 2011 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 the MarketScope

The MarketScope is copyrighted 2011 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation 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 MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

 

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