Daptiv Releases Japanese Language Version of Daptiv PPM to Meet Rapidly Growing Demand from Asia Pacific Region

Today we announced general availability of a Japanese language version of Daptiv PPM. The new offering was a direct result of feedback from customers in the Asia Pacific region.

Demand for SaaS software is at an all-time high in Japan, with revenues expected to reach $629.1 million by the end of 2015 (Source: Gartner “Forecast: Software as a Service, All Regions”, 2010-2015, press release Sept 14, 2011). This represents a doubling in growth from 2010 when SaaS revenues reached $315.3 million in Japan.

Click here to read the full press release.

From the Trenches: Q&A with Ken Feyder, Director, Information Services PMO for Coach

Daptiv recently sat down with Coach’s Ken Feyder about how the company’s PMO is using Daptiv PPM to support its enterprise IT initiatives.

Q: Ken, tell us a little bit about Coach and your role at the company.

A: Coach designs and produces fine accessories and gifts for women and men, including handbags, small leather goods, business cases, weekend and travel accessories, footwear, watches, outerwear, scarves, sunwear, jewelry, fragrance and related accessories. The company was founded in 1941 as a family-run workshop. We’ve expanded quite a bit since then, but our team remains committed to upholding our founding principles of quality and integrity that define the company. My job is to oversee Coach’s Information Services’ (IS) PMO Center of Excellence (COE).

Q:  What type of activity does the PMO oversee?  

A: The primary goal of PMO COE is to enhance and support Project Management practice and discipline at Coach IS. We have established and are now reinforcing Coach’s Global IS Project Management methodology. The PMO monitors every project and service request, including global enterprise initiatives, albeit in various capacities. It also supports change management, as well as executive reporting and auditing. Additionally, PMO is the system owner of our PPM solution, Daptiv.

Q: How has the PMO evolved through the years?

A: These days the PMO runs fairly smoothly, which can be attributed to a combination of improved process maturity, project portfolio management (PPM) software, as well as the team’s expertise. In the beginning, however, we didn’t have a dedicated system or team associated with project management. As a result, we had relatively little structure around the process.

Getting a PMO not only off the ground, but tightly integrated into an organization’s culture, was a significant undertaking. For us, it was a three step process. It was the methodology first, the Coach practice second, and then the tools.

Q: How did you introduce PPM software like Daptiv into the mix?

A: We implemented Daptiv PPM in 2008, and knew that gradual adoption of the technology would be a significant factor to success. The PMO team took the approach of training the staff on both the overall project management practice and specific tools like Daptiv. 

First there was a basic introduction, followed by a more intensive five-day project management training for every manager and above in the department, globally. Our organization takes project management very seriously, and the PMO’s mission is supported from the CIO down. Our goal is to educate staff so they understand the importance of this investment and the value of the process and tools.  Recently, we have kicked off the next phase of our PM training initiative, extending PM education options to team members below manager level.

Q: Who uses Daptiv PPM at Coach?

Q: Today, every project at Coach – big or small – is tracked within Daptiv PPM. Every IS employee and every consultant is registered in the software, where they track their time, projects and activities.  This helps us monitor work performed by employees and consultants, and gives us the insight we need to analyze internal versus external labor distribution.

Documents and project plans are also managed through Daptiv PPM.  We’ve leveraged Daptiv PPM to standardize all reports with the same look and feel. Our reports drive the whole process while providing visibility into project work in the department.

Q: Can you discuss the ROI that Coach has achieved after deploying Daptiv PPM?

A:  We don’t look at the ROI strictly in terms of dollars, but rather how Daptiv PPM has enabled us to better communicate within the organization. For example, a member of the PMO runs a bi-weekly Demand Management report in Daptiv PPM, which gets reviewed in meetings with every area in the IS organization. This ensures that new projects and service requests originating in any area of IS are communicated to, and reviewed with all other areas. It helps all departments gain a more holistic perspective on how work is prioritized and resource allocated throughout IS teams and across geographies.

Q: How has that level of communication and collaboration helped Coach?

A: By communicating potential resource needs early on, we can discover interdependencies between systems and teams closer to the project Initiation phase. We’re able to identify and plan resources for projects in advance, instead of discovering them during the execution process. A planned approach to work not only saves time, but also ensures more linear resource utilization –which means fewer “fires” to fight for our teams and better planning on any given project.

Q: How does Coach use Daptiv’s reporting capabilities?

A: Coach relies very heavily on Daptiv reporting. Our reports range from executive portfolio reports and project status reporting, to data anytics, audits, and trending. Among other things, Daptiv PPM helps us gain better insight into what our staff is working on, which in turn helps from an executive standpoint via quarterly trend analysis. The reports, for example, can show how much time is being dedicated to new product development versus production support, and allows us to spot trends.

Q: Coach is a global organization – is Daptiv being used worldwide?
A: Yes. We currently have Daptiv users throughout North America and Asia. Having a single repository of projects gives us visibility to all IS work globally, and ensures that North American projects don’t conflict with other regional initiatives. Additionally, as our projects become more and more international in nature, Daptiv PPM helps us to facilitate communication and collaboration between our global teams.

 

Q: What has your experience been with Daptiv’s customer support?
A: The level of personal support we get has been critical in keeping Daptiv PPM running smoothly for us. We have a dedicated support person at Daptiv that helps with any technical issues or customization we may need. It’s a very personal connection, which helps quite a bit. I compare that to my previous life with another vendor where I would open a ticket and deal with someone across the world that didn’t understand my business. Daptiv is small enough to treat us as individuals with unique requirements, which positions us well for success.

 

Daptiv Achieves Strong Business Growth in 2011, Expanding International Sales by Over 70%

Today we announced strong business results for 2011, demonstrated by double-digit growth in both new business bookings and existing customer expansions, and an increased international footprint in Asia Pacific and EMEA. Building on this momentum, Daptiv also celebrated important milestones in product innovation, which positioned Daptiv as the leading on-demand PPM solutions provider.
“In spite of the global economic crisis, the PPM market continues to grow,” said John Baldwin, Daptiv’s CEO. “Daptiv’s PPM solution delivers clear value to businesses worldwide, enabling customers to gain a holistic view of their company’s project portfolio and make intelligent investment and cost optimization decisions. With our continued investments in Daptiv’s PPM solutions, we believe we are poised for continued growth in 2012.”

Daptiv provides a powerful, integrated suite of PPM applications that is designed with real people and organizations in mind. Daptiv offers comprehensive PPM functionality, but with the ability to introduce new capabilities when an organization is ready for them. This enables companies to realize business value quickly before adding more sophisticated capabilities as their PPM process matures. Further, with Daptiv’s software as a service (SaaS) model, software and security updates happen automatically, requiring minimal support from IT.

Key Highlights from 2011:

Company Momentum:

  • Closed 2011 fiscal year with 22% new business bookings growth over 2010 in a wide range of industries, including financial services, healthcare, consumer goods, services, industrial, education and government;
  • Expanded its existing customer base by 16%;
  • Grew its international sales by 71% over 2010;
  • Expanded its global field operations, growing the Daptiv team in Europe, Asia and North America;
  • Hosted its annual user summit, Adapt 2011, which drew more than 150 PPM leaders from eight countries to Seattle discuss the latest insights, training content, and PPM best practices; and
  • Announced new partnerships with Contec-X, extending the Daptiv brand to the German market, and Computron Software SA Ltd, based in South Africa.

Product Innovation

  • Daptiv announced new usability capabilities that help project managers create and provision custom PPM applications, extending Daptiv’s new user interface to its Dynamic Applications™ and enabling increased user productivity and better collaboration on projects and business initiatives.
  • Supporting core services delivery, Daptiv launched its Professional Services Automation solution, designed specifically for professional services organizations, providing visibility into the key elements required to run and grow a professional services group.
  • Extending its project methodology support, Daptiv announced a new agile PPM solution with the ability to integrate real-time project data from “best-of-breed” agile development tools, including Rally Software.
  • Daptiv enhanced its industry-leading IT governance solution with Portfolio Management and IT Quality and Performance dashboards to improve project visibility and better support business priorities.
  • Improving identity management and usability, Daptiv added new features that make it easier and faster to securely access project and portfolio data within Daptiv PPM, including single-sign on.

Industry Accolades

  • Daptiv announced that it had received the highest possible rating of “strong positive” in the Gartner Inc., 2011 Marketscope for Project and Portfolio Management Applications, citing its “solid balance of function and cost effectiveness.”
  • Daptiv received the highest ranking of “champion” in Info-Tech Research Group’s Mid-Market PPM Vendor Landscape Report.
  • Daptiv was named  to Information Management Magazine’s “40 Vendors We’re Watching in 2011” list for a second consecutive year, citing the strength of its business intelligence tools for portfolio reporting and support services, and noted the company’s leadership in configurable, easy to adopt applications for portfolio, project, resource and document management.

Global Payment Processing Firm Chooses Daptiv to Increase Visibility and Align Projects with Strategic Business Initiatives

Daptiv, the on-demand leader in project portfolio management software, today announced that Wright Express (NYSE: WXS), a leading provider of value-based payment processing and information management solutions, has chosen Daptiv’s Project Portfolio Management (PPM) solution to manage projects and resources for the company’s project management office (PMO). Wright Express selected Daptiv to gain better visibility into their projects and in turn take on projects that closely align with the company’s strategic goals.

Wright Express provides payment processing and information management services to commercial and government vehicle fleets. The company’s PMO oversees a variety of projects spanning from product and application development to logistics and operations.

Prior to using Daptiv, Wright Express lacked a unified method for tracking resources, budgets and time allotted to certain projects. Some project teams relied on spreadsheets to manage projects, which proved difficult to consolidate and reliably update and maintain. Now, through process standardization and automated reporting, Daptiv PPM has allowed Wright Express to implement processes that provide discipline in how hours are tracked, improve accuracy in reporting, and gain greater visibility into the PMO’s data.

Wright Express has also improved decision-making by using Daptiv PPM to help project managers fast-track projects slated for release based on available resources and ensure projects are completed in the forecasted timeframe. Daptiv’s Resource Management capabilities help Wright Express ensure that they have the right resources to complete a project, and assign the right people to each project.

“Daptiv simplified the whole process around deciding whether or not to green-light a project because we can now view the true availability of resources and hours as well as the overall health of a project from the very beginning,” said Diane Kimball, senior project manager, PMO, Wright Express. “Every aspect of Daptiv is easy to use from a project management standpoint. It aligned with our existing processes, making it easy for our team to begin using it almost immediately.”

In addition to Resource Management, Wright Express uses Daptiv’s Document Management to include full documentation alongside projects. This allows teams to have a single repository to store all relevant information associated with a project. Users can standardize and centralize documents for increased organizational efficiency, and version tracking enables project managers to make sure everyone on the team is working on the most up-to-date documents.

Daptiv’s Capacity Planner allows Wright Express to look at the overall project pipeline and resource availability in a single view, and make adjustments to project start dates based on project priority and resource availability. This allows the PMO to see when resources are constrained, and ensure that high priority projects get the necessary attention.

“The size and scale of Wright Express’s global operations is a testament to the benefits larger organizations can achieve using Daptiv to automate their project management activities,” said Ian Knox, vice president of marketing for Daptiv. “Our goal is to complement and support existing processes so that project managers can focus on collaborating more effectively and delivering projects faster.”

Daptiv Forecasts Top Predictions for Project Portfolio Management in 2012

Today we announced our top five predictions for project portfolio management in 2012. The role of the PMO has become more critical than ever in supporting strategic business priorities. Success depends on a combination of best practices, executive support and tools that provide visibility into project and portfolio execution.

Daptiv’s top five predictions are:

  1. Businesses adapt to the ‘New Normal’ of business uncertainty.As we move into 2012, businesses are facing a new wave of uncertainty and PMOs – a trusted advisor in the enterprise – must lead the way to enable intelligent investments and cost optimization. This requires PMO leaders to be part coach, part mentor, part facilitator, and most of all lead with the right focus. Gartner states that by 2016, half of CIO new project spending should be directed towards measurably improving enterprise financial conditions. This reinforces the importance of PMO leaders to partner with and provide C-Level executives with the right project intake process to pick investments that will align with this strategic imperative.
  2. More Enterprise Project Management Offices (EPMOs) will be incubated in IT.Business disciplines such as strategic portfolio planning, project selection and portfolio measurement that have been perfected in IT will be expanded to prioritize and fund strategic initiatives that span both business units and IT departments. CIOs that play an important role in shaping business strategy, and that are well-respected by the CEO, will now see the EPMO reporting to them, rather than under the traditional reporting structure of the CEO, CFO or COO.
  3. Discussion of “Project” and “Project Portfolio” gives way to “Program,” “Product,” “Application,” and “Service.”PPM tools are being more broadly used for managing business beyond projects. In 2012, more organizations will take a holistic view of their business by using PPM tools to manage end-to-end service portfolios, product delivery, application lifecycle management, and change management programs.
  4. PMOs will evolve from being tactical, support-based organizations to become a strategic player within the enterprise.To remain relevant, PMOs must prove their worth through integrated planning, consistent metrics for performance, flexible and adaptable methodology frameworks, and accountability for results. In exchange, they will be seen as champions of increased productivity, visibility and community support. Strategic PMOs garner strong organizational support and implement best practices such as collaboration with PMO training, consistent use of PPM tools across the enterprise, portfolio management alignment and involving project managers with the departments or groups they serve.
  5. Agile project management gains momentum.In a recent survey completed by Forrester Research and Dr. Dobbs , 35 percent of respondents stated that agile most closely reflects their development process, a number that increases to 45 percent if you include other iterative approaches. The rise of agile development practices is driving many benefits to organizations by creating a culture of continuous feedback and a focus on delivering high quality software that meets business needs. Although some executive concerns exist around agile development, it should not deter PMOs and executives from encouraging agile adoption in their organizations. While agile methods may appear to clash with traditional project management approaches, many organizations are benefiting from a combined approach to achieve the best of both worlds. In 2012, innovative PPM leaders will develop PPM frameworks that apply to both agile and traditional projects to enable executives to get visibility into project status, regardless of the delivery method.