Daptiv a Leader in Gartner’s Magic Quadrant for 3rd Consecutive Year

We’re proud to announce that Daptiv has been positioned by Gartner, Inc. as a “Leader” for the third consecutive year in the recently published 2014 Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services. Gartner is a leading technology research and analyst firm, whose Magic Quadrant reports are the world-renowned standard in IT and business communities for their objective and thorough analyses and evaluations of technology products and services.

Gartner selects companies to be included in each Magic Quadrant report based on stringent business viability criteria and standards. Each vendor invited to participate is then included in a comprehensive evaluation of market, product, customer, and financial performance. The resulting Magic Quadrant report provides an overall landscape view of the included vendors based on each company’s completeness of vision and ability to execute.  The report also details strengths and cautions for each provider, and various findings related to market trends, direction, and useful considerations for companies contemplating a purchase in the product category.

Being positioned as a Leader in this report for the third year in a row is a tremendous accomplishment for Daptiv. It is also a positive acknowledgement of the uncompromising focus we’ve placed on delivering the best PPM experience available – for organizations of all sizes.

According to Gartner, Cloud-based IT PPM service providers identified as Leaders meet the top application functionality and process automation requirements throughout the industry. Product depth in several core IT PPM areas – such as demand management and analysis, advanced scheduling, resource and cost management, and out-of-the-box integration to key third party IT applications (such as ITSM software or application development tools) – sets Leaders apart from the rest.

Daptiv’s market and product momentum over the past twelve months has helped to maintain the Leader position for another year, including ongoing product and services innovations, continued growth in domestic and international markets, and customer retention rates that are higher than ever. Additionally, Daptiv continues to demonstrate an ability to successfully sell to and service larger customers, effectively evolving cloud-based PPM to a highly viable enterprise-class solution.

We look forward to ongoing growth in these areas and substantial progress the remainder of the year in continuing to deliver a best in class PPM solution to our customers.

Visit the products section of our website today for more information on how our technology is evolving to meet today’s top industry demands.

To download the full Gartner Magic Quadrant report free, visit http://www.daptiv.com/gartner-ppm-magic-quadrant.htm?search=daptiv_blog_post&pls=Web_Direct

Top Five PPM Trends to Watch Out For in 2014

The business world is forever changing and for organizations to thrive they must be able to adopt or, even better, be an early adopter of the noted trends and predictions. All neatly wrapped up as the top strategic PPM trends for the coming year, Daptiv predictions focus on increasing the benefits of Agile, greater applicability for PPM solutions across the board, and enterprises spearheading the creation of strategic PMOs, influenced by the reliability of benefits forecasting.

Here are Daptiv’s top 2014 predictions for the Project Portfolio Management industry:

  1.  Increased adoption of PPM for integrated portfolio management: The evolution and rapid uptake of SaaS PPM has increased coordination with ancillary IT management applications). ALM (Application Lifecycle Management), Agile and ITSM vendors have been leveraging PPM through alliances, integration, and/or acquisitions. This trend began to have an impact in 2011 and Daptiv sees this to continue to play a key role in PPM’s market growth through 2014.
  2.  More PMO heads will measure effectiveness on business results: While introducing tools, using methodologies, mapping project management practices, sending project managers to training, and increasing the number of professional PMs in the organization are important metrics for a PMO head to collect and report on, they do not speak to the effectiveness of the PMO from a business perspective. To judge business effectiveness, PMO heads will determine if their work has had a positive, quantifiable effect on the business in terms of troubled project reduction, positive business results, lower project manager attrition, and faster time to market. In 2014 the practice of measuring the outputs, not the inputs, of project management will gain traction.
  3. Portfolio Management gets the attention and  funding and encourages project entrepreneurship: Daptiv sees more companies directing tight budgets toward IT and process improvement via portfolio management to get a handle on enterprise project investments. Project entrepreneurship means project managers must develop an “entrepreneurial” mindset. In 2014, this mindset will enable project and portfolio leaders to take on risks, foster innovation and focus on business value rather just looking at the traditional triple constraints.
  4. Rolling-Wave Planning (Agile): Rolling-Wave Planning is the process of planning a project in phases as it proceeds rather than completing a detailed plan for the entire project before it begins. Planning is dependent on speculation and the further out the plan the more quickly the strategy will become obsolete as conditions change. In Rolling-Wave Planning, one will plan over time as the details in the project become clearer. Daptiv forecasts rolling-wave planning to become the default approach in 2014 and expects it is here to stay in the project management world.
  5. Getting Started with PPM Benefits Realization: 2014 will see a much-needed shift of PMOs from being tactical to strategic. More formalized strategies will strategically align organization goals with the business objective of the organization, consequently delivering end-to-end benefit. Gartner estimates that less than 15% of enterprises systematically measure the business outcomes of their initiatives. Most IT and PMO organizations focus their measures on price and performance, not value. This year will move the needle by shifting the language and the focus from on time and on budget to speaking about the resulting benefits.