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Result follows on the heels of a “Leader” rating in “Magic Quadrant for Cloud-based Project and Portfolio Management Services,” 2012
Santa Clara, CA (PRWEB) December 07, 2012
Instantis, the leading cloud-optimized provider of Enterprise Project portfolio Management (EPPM) software, announced today it has been positioned by Gartner, Inc. in the Visionaries quadrant in the “Magic Quadrant for Integrated IT Portfolio Analysis Applications” 2012 report. According to the report, the IIPA software market helps IT managers link, monitor and analyze their activities within a singular IT portfolio. This provides CIOs and other executives with holistic information about the IT portfolio when making difficult decisions and determining the state of their IT strategies.
“Instantis EnterpriseTrack® is a proven solution for top-down ‘multi-initiative’ IT portfolio management in cloud/SaaS deployment scenarios,” said Dr. Prasad Raje, Instantis founder and CEO. “As a result, we believe we are best positioned for leadership in this emerging application market with a cost-effective and low-risk option for integrated IT portfolio analysis.”
Gartner adds, “Some of the vendors populating the Visionaries quadrant are SaaS vendors. Thus, they can provide strong IT portfolio management capabilities, while offering customers a low-risk investment option in technology via 12-month, subscription-based software agreements.”
Gartner, Inc. Magic Quadrant for Integrated IT Portfolio Analysis Applications, Daniel B. Stang, Jim Duggan, November 28, 2012; Magic Quadrant for Cloud-based Project and Portfolio Management Services, Daniel B. Stang, Robert A. Handler, June 27, 2012.
Magic Quadrant Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Instantis is the leading cloud-optimized provider of Enterprise Project & Portfolio Management (EPPM) software used by IT and business process leaders to improve strategy execution and financial performance through better work and resource management. Leading global corporations like Abbott, DuPont, Lilly, National Grid and Xerox rely on a single system called EnterpriseTrack to fulfill the distinctive requirements of their strategic project portfolios such as IT PPM, Enterprise and IT PMOs, new product development and Lean Six Sigma.
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