SOURCE: Daptiv

December 08, 2010 06:00 ET

Daptiv Named an Industry Leader in IDC's Project Portfolio Management MarketScape

Cost-Effective SaaS-Based Delivery Model, Usability, Speed to Deployment and Reporting Features Earn Daptiv Industry Leader Status in SaaS/On-Demand Market View of PPM

SEATTLE, WA--(Marketwire - December 8, 2010) - Daptiv, the on-demand leader in project portfolio management (PPM) solutions, today announced that analyst firm IDC has positioned the company as an Industry Leader within its "IT Saas/On Demand" market view of the "IDC MarketScape: IT Project and Portfolio Management 2010 Vendor Analysis,"1 citing user demand for intuitive, viable and cost-effective project portfolio management (PPM) software-as-a-service (SaaS) solutions as the basis for its finding. 

According to the report, Daptiv's product strengths include its multi-tenant SaaS delivery model, usability, configurability/extensibility, speed of deployment and ability to create complex report, scorecards and dashboards. Daptiv customers were also interviewed as part of the Marketscape report, validating the product's ease of implementation, SaaS adoption model, product flexibility and lower cost as critical to helping them gain visibility and control over their IT project portfolios. Daptiv's software is used by more than 80,000 subscribers worldwide across industry verticals ranging from healthcare to education, technology and financial services, among others.

"Daptiv's SaaS approach and process support was critical to jumpstarting IT PPM adoption and successful leverage in this difficult economy for these users," said the report.

The worldwide MarketScape study assessed four key views of the IT PPM market -- enterprise IT PPM, SaaS/on demand, IT financial management (incorporating service management and end-to-end operational costs for software), and application life-cycle management/IT PPM. The criteria demonstrate weighting approaches for the four key areas of greatest importance for users currently making IT PPM vendor selections.

"Daptiv has always taken a customer-centric approach to product innovation," said John Baldwin, CEO of Daptiv. "The findings of IDC's MarketScape report validate our strategic focus on a SaaS-based delivery model that allows our customers to effectively meet business and competitive pressures."

IDC's IT PPM Marketscape was issued last week and authored by Melinda-Carol Ballou, Program Director, Application Life-Cycle Management and Executive Strategies, and Joseph Pucciarelli, Program Director, Technology Financing ad Executive Strategies for IDC.

About Daptiv Inc.
Founded in 1997, Daptiv is the leading provider of on-demand Project Portfolio Management (PPM) solutions. Daptiv has helped hundreds of companies improve their strategic planning and business execution by offering flexible PPM solutions and expert professional services. Daptiv's customers include world-class organizations such as BASF, Chase Paymentech, Harvard University, Honeywell, La Poste and Virgin Blue. For more information about Daptiv's PPM solutions, please visit www.daptiv.com.

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.

1 IDC, "IDC MarketScape: IT Project and Portfolio Management 2010 Vendor Analysis -- Four Views to Enable Effective Evaluation" Doc # 225802, Nov. 2010

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