Daptiv to Provide Resource Management Capabilities to Delta Dental of New Jersey

Delta Dental of New Jersey has selected Daptiv PPM for its resource management capabilities to manage resources, streamline processes and standardize projects across the organization. Delta Dental of New Jersey (www.deltadentalnj.com) is New Jersey’s leading dental benefits company, providing or administering coverage to more than 1.5 million people through contracts with employers in New Jersey and Connecticut.

Delta Dental of New Jersey selected Daptiv’s SaaS-based PPM solution over competitive alternatives based on superior process improvement methodology, metrics tracking, usability and low total cost of ownership. Delta Dental of New Jersey’s decision to deploy a PPM solution comes at a time when economic conditions are forcing organizations to improved efficiency and accuracy, particularly as they relate to IT projects. By streamlining established processes, Daptiv PPM enables Delta Dental of New Jersey to improve resource utilization, better prioritize projects and lower overhead costs.

Daptiv’s SaaS-based PPM solution enables Delta Dental of New Jersey to integrate all of its projects and provide real time visibility into the status of multiple projects across its portfolio. High-level dashboards for C-level executives keep track of developments on a regular basis, and an intuitive interface helps executives and managers identify resource bottle necks, manage resource utilization and more accurately plan projects.

You can view the complete announcements here.

Daptiv Records Strong Business Results in 2012 – North America New Client Sales up by 58%

 The only SaaS PPM vendor to be rated as a “Leader” by both Forrester and Gartner in 2012

2012 marked the end of yet another remarkable year for us. We recently announced our business results for 2012 and recorded an impressive 23 percent bookings growth during the year. While we grew our North America business by 58 percent, we continued to strengthen our grip over the market and grew the new client business by 32 percent year-over-year.

 This success stems directly from the growing adoption of its SaaS based delivery model and Daptiv PPM – our flagship solution that has enabled customers to significantly improve productivity and efficiency through better decision making. Additionally, in 2012, we continued to grow global field operations in Europe, Asia Pacific, North America, and Africa.

Key Highlights from 2012 below:

Company Momentum:

  • Closed 2012 fiscal year with 23% bookings growth over 2011 in a wide range of industries, including financial services, healthcare, consumer goods, services, industrial equipment, education, and government
  • Grew new client business by 32% over 2011; up 58% in USA, 13% in UK, and 23% in international channel
  • Expanded global field operations with exceptional team growth in Europe, Asia Pacific, North America, and Africa regions
  • Strengthened EMEA presence with the opening of Daptiv’s European data center in the Netherlands

Product Innovation

  • Announced the launch of Daptiv Mobile, a HMTL5-based web client that enables users to securely manage timesheets, tasks, and approvals using a mobile device
  • Unveiled next generation Work Intelligence™ for PPM, providing unparalleled visibility into business performance across the enterprise through reports, scorecards, and dashboards that can be accessed using a web-browser or a mobile device
  • Launched an Earned Value Management solution to help organizations track and report on key project performance metrics
  • Launched the Japanese language version of Daptiv PPM to meet growing demand in Asia Pacific

Industry Accolades

  • Daptiv received the highest possible rating of “Leader” in the 2012 Gartner Magic Quadrant for Cloud-Based PPM Services. Gartner valued Daptiv’s ability to execute and completeness of vision and rated it as a Leader in its category
  • Daptiv was recognized as a Leader in the 2012 Forrester Wave™ report on Project/Program Portfolio Management citing that “its investments in analytics, integration, and mobile have pushed the vendor into the Leaders category”
  • Daptiv was selected as a CODiE award finalist in the Best Project Management Solution category

To view the complete announcement, click here.

The Forrester WaveTM: Project/Program Portfolio Management, Q4 2012

Forrester Inc. came out with its much-awaited Forrester Wave report on Project/Program Portfolio Management in December 2012.  As expected, the report highlighted some key industry trends that are redefining the scope of PPM and shed light on what to expect going forward.  As per the report PPM now has two distinct segments: Planning and Execution. Here are some excerpts from the report:

Demand for Business Agility Drives Change to BT Governance Processes: Accelerating demand for business agility forces firms to adapt. Manual data entry and ponderously slow feedback loops from planning-as-usual don’t enable firms to pivot as business conditions change. Today’s organizations need to see and trust information as it develops to make decisions that will help them outpace their competition.

The PPM Tools Market has a New Dividing Line — With Key Features on Both sides: The need to support Lean and Agile processes makes today’s PPM tool choice more difficult. Above-the-line tools support strategic planning focused on value, risks, and benefits. Below-the-line tools focus on managing demand and day-to-day work. Several vendors have functionality that straddles the line, but few vendors are strong across the board.

One-size-Fits-all is No Longer Relevant — It’s Time To Take a Layered Approach: As firms turn to Agile and Lean practices, a single PPM tool may not make sense. Think more in terms of constructing a “layered approach” to PPM. Seek flexible solutions that handle the day-to-day work for both waterfall and Agile projects (below the line) that also convey aggregated information to more strategic (above-the-line) planning.

The report further deep dives into the changing face of the industry and highlights that demand for business agility will continue to fuel adoption of Agile development techniques that can deliver differentiating business technology (BT) solutions within accelerated time frames. Organizations that fail to adopt governance processes that span traditional waterfall and Agile will struggle. Also, while PPM has historically been seen as a tool for either top-down forecasting and planning or for project management, organizations rarely use a single tool for both purposes.

In this report, Forrester Research, Inc., evaluated 10 of the most significant PPM vendors against 68 criteria in two segments: above-the-line strategic planning and below-the-line work execution.

To access the complete report, click here.

Top-5 Predictions for Project Portfolio Management in 2013

As project management gains wider visibility and recognition in organizations around the world, PMO’s will now develop new tool-sets to serve a broad spectrum of users. Organizations have recognized that projects are a major aspect of their business and more of their people are working on projects and using project management processes. Because projects are a major vehicle by which companies grow, improve and meet their business objectives, the need to successfully complete projects has never been greater. Daptiv forecasts top five PPM trends for 2013 and they are:

  1. PPM will Continue to be the Fastest Growing Category of SaaS - According to the Dataquest research report, “Competitive Landscape: SaaS Project and Portfolio Management Software, Worldwide,” PPM is the fastest growing category of SaaS enterprise software, increasing at a 41% CAGR for the 5-year period of 2009-2014. In 2013, even more organizations will embrace SaaS-based solutions to manage or transform their portfolios. In the PPM world, the benefits of this approach versus traditional on-premise software products include: Rapid deployment, team collaboration, reduced risk of failure, tighter vendor/customer relationships, and reduced cost of implementation and support.
  2.  PPM will Cross the Chasm From IT-Driven to Business-Driven - Organizations have come to realize that much of their growth and future sustainability comes through projects. Projects are vehicles of change, and the best way to improve the management of them is through PPM tools. PMO’s are getting more strategic about where PPM principles can add value, and they are finding green field opportunities for PPM in places that didn’t previously exist. In 2013, we will see an increased emphasis to “projectize” work in different business functions, such as line-of-business divisions, sales, marketing, and human resources. As such, more organizations will begin taking into consideration the business intelligence generated through PPM systems to refine their overall business strategies.
  3. Putting IT back in control of the BYOD explosion: PPM goes Mobile - Smartphones and tablets are poised for dramatic growth, especially with the arrival of new devices from Apple, Google and Microsoft. According to a Forrester report, 66% of employees now use two or more devices every day, including desktops, laptops, smartphones and tablets. As the mobile market continues to grow and with the increasing BYOD trend, enterprises/project managers will look at IT and the PMO to help implement new applications to ensure secure access across dozens of disparate platforms and handsets/tablets being used by the company across multiple regions.
  4. CFOs Give Green Light to PMOs - According to PM Solutions research, 65.8% of high performing organizations have enterprise PMOs. As companies begin to quantify the financial benefits of having a PMO,CFOs will be the ones leading the charge for the implementation of PPM solutions in the year 2013. This in turn will have a positive impact on creating an effective portfolio management operation, and it will be viewed as a way to bridge strategy, operations, and finance. Portfolio management will stimulate the interest and attention of the CFO, as PPM services become a proven method of improving system quality, and project and service delivery levels across the organization.
  5. Economic Uncertainty Drives Need for ROI Accountability - Given the continued uncertainty of the economy, cost management and efficiency will continue to top the list of priorities for most CEOs. In this environment, companies will remain cautious, and we will find companies leaning more heavily on PPM as a way to measure the ROI of their investments. In 2013, PPM will be recognized as a crucial change agent that will help companies’ transition out of recession-area thinking, towards driving innovation and business transformation initiatives at companies both large and small.