Serena Software Named a Leader in Independent Report on Project Portfolio Management Tools

Business Wire, Dec 18, 2007

"Mariner's strengths lie in both portfolio and resource management"(1)

SAN MATEO, Calif. -- A new, independent research report named Serena[R] Mariner[R] a Leader in Project Portfolio Management (PPM) tools. "The Forrester Wave[TM]: Project Portfolio Management Tools, Q4 2007," December 2007, evaluated Serena's current PPM offerings, strategy, and market presence against 95 criteria and found that Mariner is a leader in the PPM industry that "scores high in pure portfolio management"2 and has one of the most complete, suite-ready PPM offerings.3

According to the Forrester report by Lewis Cardin and others, "Serena has established its own distinct position in the PPM field. Serena's product is designed for companies that need an uncomplicated yet fully functional PPM solution. Serena differentiates itself from the pack by providing top-of-the-line portfolio management software, robust reporting, and a unique implementation road map process that matches product function with customer need and capacity."4

Forrester wrote that the Serena Mariner product is an especially good fit for buyers that need a straightforward, smart implementation and powerful dashboard reporting.5

"Times are increasingly tough for IT executives who cannot quantify and justify their investments," said Rene Bonvanie, senior vice president of worldwide marketing, partner programs, and online services at Serena. "Mariner provides visibility into current project metrics and the true cost of maintaining existing applications so CIOs can make critical decisions and communicate IT's value back to the business. Today Mariner is easy to use and immediately productive - and it will get even better when we launch the on-demand version early next year."

Forrester describes PPM as a "continuous process feedback loop by which IT management absorbs and prioritizes technology-related demand, plans and allocates financial and human resources to the investments initiatives, manages the governance-orientated collaboration with the business stakeholders, delivers expected results from the investment, and provides reporting to stakeholders for decision-making and the communication of investment status".6

About Serena Mariner

Serena Mariner is a comprehensive project portfolio management (PPM) solution for companies and groups that need greater visibility across their projects to ensure closer IT alignment with business objectives. Mariner provides industry-leading portfolio management, powerful dashboard reporting, and robust resource management. Unlike bottom-up approaches that require immediate buy-in across the organization and lots of detailed project data, Mariner delivers a unique top-down approach that configures the solution to the organization's specific levels of IT process maturity, accelerating time to value.

For more information, please visit www.serena.com.

About Serena Software, Inc.

Serena Software, Inc. is the leading global independent software company focused on Business Mashups and Application Lifecycle Management (ALM). More than 15,000 organizations around the world, including 96 of the Fortune 100, rely on Serena solutions to automate the application development process and effectively manage their IT portfolio. Serena is headquartered in San Mateo, California, and has offices throughout the U.S., Europe, and Asia Pacific. For more information on Serena solutions and services, visit www.serena.com.

Serena and Mariner are registered trademarks of Serena Software, Inc. All other product or company names may be trademarks of their respective owners, and their use is intended for identification purposes only and not in association with or as sponsorship or endorsement by such owners. Copyright (c) 2007 Serena Software, Inc. All Rights Reserved.

1 The Forrester Wave[TM]: Project Portfolio Management Tools, Q4 2007, p. 11.

2 The Forrester Wave[TM]: Project Portfolio Management Tools, Q4 2007, p. 11.

3 The Forrester Wave[TM]: Project Portfolio Management Tools, Q4 2007, p. 1.

4 "Serena Brings a Portfolio Focus to the PPM Market," The Forrester Wave Vendor Summary, Q4 2007, p. 1.

5 "Serena Brings a Portfolio Focus to the PPM Market," The Forrester Wave Vendor Summary, Q4 2007, p. 1.

6 The Forrester Wave[TM]: Project Portfolio Management Tools, Q4 2007, p. 1.