SEATTLE, May 31, 2016 /PRNewswire/ -- Changepoint (www.changepoint.com) today announced that Gartner, Inc. positioned it in the "Leaders" quadrant of its IT Project and Portfolio Management Software Applications1 and Cloud-Based IT Project and Portfolio Management Services Magic Quadrants2. This marks Changepoint's second year as the only technology provider in both Gartner PPM Magic Quadrants. The positioning is based on the analysts' evaluation of Changepoint's ability to execute and its completion of vision of its PPM solution. Changepoint is a leading provider of Project Management, IT Portfolio Management and, Professional Services Management applications.
The IT PPM Software Applications and Cloud-Based IT PPM Services Magic Quadrants are available on Changepoint's website at http://bit.ly/changepoint-gartner-mq-ppm-2016.
"We believe our position as a Leader in both PPM Magic Quadrants confirms our ability to deliver industry-leading solutions," said Jim Byrnes, CEO at Changepoint. "Our PPM applications help our customers break down silos and move beyond spreadsheets to connect their strategic objectives with the execution of their business initiatives and technology projects."
According to Gartner, "demand for IT PPM software continues to expand, with overall PPM market growth of 7.4 percent in 2015 amounting to more than $2 billion in revenue." 2
For the 2016 Magic Quadrant, Gartner evaluated technology providers on two main criteria: ability to execute and completeness of vision.
Changepoint is a leading provider of Project and Portfolio Management, Enterprise Architecture, and Professional Services Management applications to more than 1,000 global customers. We help companies connect their strategic objectives with the execution of their business initiatives and technology projects. Our software applications enable organizations think about their technology investments, shape the way those investments are made and do their high-impact projects in a well-managed way. Changepoint applications are relied upon by enterprise and mid-size companies to improve execution of their business initiatives and technology projects. For more information, visit www.changepoint.com or download the full Magic Quadrants at http://bit.ly/changepoint-gartner-mq-ppm-2016.
About the Magic Quadrant
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 or other designation. 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.
1Gartner 2016 IT PPM Software Applications Magic Quadrant by Daniel Stang, Robert A. Handler, Teresa Jones, 23 May 2016
2Gartner 2016 Cloud-Based IT PPM Services Magic Quadrant by Daniel Stang, Robert A. Handler, Teresa Jones, 24 May 2016
3Gartner 2014 Cool Vendors in Program and Portfolio Management by Robert Handler, Jim Duggan, Daniel Stang, 2 May 2014
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