SOURCE: eProject

July 27, 2006 12:47 ET

Gartner Analysis Recognizes eProject as Project and Portfolio Management Industry Visionary

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

SEATTLE, WA -- (MARKET WIRE) -- July 27, 2006 -- eProject (www.eproject.com/?search=press), the leading provider of On-Demand collaborative Project and Portfolio Management (PPM) Software-as-a-Service (SaaS), has been recognized by Gartner (www.gartner.com) as an industry visionary in the recently published Gartner analysis, "Magic Quadrant for IT Project and Portfolio Management Applications" by Matt Light and Daniel Stang.

Within the report, eProject is the only SaaS vendor to appear in Gartner's Magic Quadrant (grid) for IT Project and Portfolio Management Applications, alongside vendors with installed solutions including Microsoft (www.microsoft.com), SAP (www.sap.com/usa/), Oracle (www.oracle.com), CA (Clarity) (www.ca.com), Pacific Edge (www.pacificedge.com), and Borland (www.borland.com). Additionally, in the section "Strategic Planning Assumption(s)," the report states that, "By 2010, at least one IT PPM leader will emerge with a mid-market focus, largely by featuring a strong SaaS offering."

eProject, with 475 customers worldwide, recently announced its new PPM6 service, the industry's most complete on-demand collaborative PPM platform. With PPM6, users can select, staff, track, control and manage projects across the enterprise. At the same time, companies can increase their efficiency and productivity by aggregating and automating projects from a resource management and capacity planning perspective across corporate functions such as IT, Engineering, Finance and Operations, and extend out to partners, customers and remote workers.

The report also states that, "Market interest in PPM applications remains high among IT management. Companies continue to report the high priority of PPM-related issues, such as delivering projects for business growth that are tightly linked to business strategies."

To be included in the Magic Quadrant analysis, vendors were evaluated based on several factors, including:

--  annual revenue of more than $10 million (or strong investor backing)
--  a market presence of at least three years or major market-changing
    innovation
--  a substantial installed base/actively adding licenses
--  solution must address market needs
--  management should show deep software experience, business education
    and integrity
    
About eProject

eProject (www.eproject.com) delivers the industry's most complete on-demand collaborative PPM platform used to select, staff, track, control and manage projects across the enterprise. eProject PPM6 is an intuitive, unified platform that enables users to maximize project ROI by compressing project cycle times, identifying best practices and optimizing resource allocations, with rapid deployment and quick adoption. eProject is used by more than 475 companies worldwide including BASF, BP, Cushman and Wakefield, Dow Chemical, Honeywell and T-Mobile.

Contact Information

  • Contact for eProject
    Martin Levy
    Martin Levy Public Relations
    Email Contact
    206.851.7256