Business Services Industry
Planview Recognized as a Leader in Project Portfolio Management by Independent Research Firm
Business Wire, Dec 18, 2007
Report Names Planview an "Undeniable Leader in the PPM Market"
AUSTIN, Texas -- Planview[R], a leading independent provider of enterprise-wide portfolio management solutions, today announced that it has been named a leader in the December 2007 Forrester Wave[TM] report, titled "Project Portfolio Management, Q4 2007." Planview was among the select group of companies invited to participate in this report, which rates vendors based on their current product offering, strategy, and overall market presence. Forrester evaluated 14 project portfolio management vendors across 95 criteria.
The Forrester Wave Vendor Summary on Planview states: "Planview continues to be one of the strongest portfolio management solution vendors on the market. Building on its significant strengths across all portfolio management offerings, Planview is further differentiating its product by focusing on financial management and interoperability -- providing the metrics to drive total cost of ownership."1
The report also states, "Since its inception in 1989, Planview has developed a loyal following of Fortune 1000 customers. With its roots in resource-centric work management offerings, Planview's software has evolved into an industrial strength comprehensive project portfolio management (PPM) tool with more than 500 customers and an adoption rate in excess of 20% for the most current version." The full Forrester Wave: Project Portfolio Management can be viewed at http://www.planview.com/wave.
> "We are proud to be named a leader in the Forrester Wave report," said Pat Durbin, founder and chief executive officer of Planview, Inc. "It is exciting to see global enterprises use portfolios as a mainstream discipline to prioritize how money and resources are best utilized to drive innovation."Forrester employs a rigorous process to create a Forrester Wave. Highlights include generating a detailed taxonomy of product attributes, gathering and validating data, and creating the Forrester Wave graphic. The Forrester Wave also includes a spreadsheet tool that is designed for end-users to create their own shortlist based on their own particular needs. For every vendor, Forrester also creates a Vendor Scorecard, an assessment of the vendor's product or service.
About Planview
Since 1989, Planview has been a market leader and trusted partner in providing comprehensive portfolio management solutions. Planview Enterprise[R], the company's leading performance management platform, combines project and portfolio management software with adaptive best practices, Planview PRISMS[R], to provide unprecedented visibility into total IT spending. By integrating the business process management of strategies, services, and projects within a single, Web-based solution, Planview empowers organizations to achieve greater levels of control over their ever-changing environment by dynamically managing money, resources, and capacities. Industry leaders such as Citigroup, BP, EDF and the US Department of Transportation, partner with Planview to achieve their strategic business goals. Headquartered in Austin Texas, with offices across the U.S., Europe and Asia-Pacific, Planview supports more than 500 customers in virtually every industry. Planview is privately held and has been profitable for over a decade. For more information visit www.Planview.com.
Planview is a registered trademark and Planview Enterprise is a trademark of Planview, Inc. the Forrester Wave is copyrighted by Forrester Research, Inc. Forrester and the Forrester Wave are trademarks of Forrester Research, Inc. All other product and company names may or may not be trademarks or registered trademarks of their respective owners.
1 The Forrester Wave[TM]: Project Portfolio Management, Q4 2007, Forrester Research Inc. December 14, 2007
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