Innotas Rated as 'Strong Positive' in Gartner's Project and Portfolio Management Applications MarketScope Report

SAN FRANCISCO, June 29, 2011 /PRNewswire/ -- Innotas, the leading provider of Cloud Solutions for IT Management, has announced today that the Gartner Project and Portfolio Management Applications MarketScope Report, released on June 13, scored Innotas as a 'Strong Positive' in the IT PPM SaaS segment.

The "MarketScope for Project and Portfolio Management Applications" is ancillary to the "Magic Quadrant for IT Project and Portfolio Management" published last in 2010. The MarketScope Report assessed vendors across a wide range of criteria, including: customer experience, product strategy, product/service offerings, business model, innovation, market understanding, and market responsiveness. The vendors were ranked on a scale from 'Strong Positive' to 'Strong Negative.'

According to the Gartner MarketScope Report, vendors with a 'Strong Positive' rating, such as Innotas, "Have a solid balance of function and cost-effectiveness. 'Strong Positive' vendors can provide project portfolio management, project and resource management, or both via cost-effective deployment modes and without requiring the customer to assume high levels of financial risk. In some cases, these vendors can provide SaaS options in which the customer need only commit to a modest 12-month financial investment in PPM."

"Being included among the elite few companies that were rated 'Strong Positive' in Gartner's MarketScope Report further validates our commitment to both the PPM market in general and our customer base specifically," said Kevin Kern, President and CEO of Innotas. "This excellent rating from Gartner underscores our continued leadership position in the market for cloud-based PPM solutions as well as our ongoing commitment to delivering superior and cost-effective IT Management solutions that support IT Governance."

The Gartner MarketScope for Project and Portfolio Management Applications indicated that Innotas "Significantly enhanced its ability to support IT service delivery environments, and may be setting its sights on competing more vigorously in the SaaS-based IT service management (ITSM) market as an additional target market." Gartner recognized that Innotas PPM "Provides a strong list of SaaS-based core PPM features and functions supporting multiple execution-level and project portfolio-level IT PPM scenarios at a cost-effective price, earning it a 'Strong Positive' rating."

About Innotas

Innotas Cloud Solutions for IT Management is a seamless way to manage Resources, Applications and Projects across all IT. With a strong foundation in Project Portfolio Management and Application Portfolio Management, Innotas provides CIOs and IT Management with Cloud-based 360 degree visibility across both strategic initiatives and sustaining operations for improved decision making across the entire IT portfolio. Innotas customers include Bank of the West, Tiffany & Co., Crocs, Crayola, City of Memphis, RelayHealth, and World Vision. For more information please visit www.innotas.com or contact us at 866-692-7362.

About the Gartner MarketScope

The MarketScope is copyrighted 2011 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

SOURCE Innotas