Daptiv has declared year-over-year revenue increase of 15% and ended the year appending over 100 novel clients.
The on-demand leader in project portfolio management (PPM) solutions stated that this continued growth is driven by firms' need for an on-demand, SaaS-based PPM offering that offers up a holistic outlook of an organization's project portfolio.
Clients make use of Daptiv to line up their projects to business plans, whilst offering executives, shareowners and project groups with innovative approaches to co-operate and work more prolifically and efficaciously.
Investments in planned biz schemes can frequently be bogged down in economic and execution risk, plus wrong reporting and poor supervisory owing to the lack of visibility and teamwork. Common concerns comprise ad-hoc or unproductive prioritization conclusions, protracted data gathering for management reports, resource constrictions and lack of visibility into resource exploitation, and contradictory approaches to projecting and handling ventures.
For the last 12 months, Daptiv's PPM solution has came forth as the favored solution to gain insight into the value and cost of projects and a company's capability to deliver value to the biz.
Daptiv's software is utilized by over 80,000 subscribers all over the world across industry sections ranging from healthcare to teaching, technology and financial services, among others.
During the last year, the company added over 100 new clients to its list, comprising Allegiant Air, Australian Red Cross Blood Service, Banco Espirito Santo, Broward Health, Citrix Systems, Inc., Forum One Communications, InterContinental Hotels Group, MetLife and Premera Blue Cross.
John Baldwin, CEO of Daptiv stated, "Daptiv has long been a customer-driven company and the success we've seen this year is due directly to those forward-thinking organizations worldwide that are using Daptiv PPM to run their businesses more effectively and efficiently. "
"As PMOs take on a more strategic role in the enterprise, Daptiv will continue to emerge as the preferred, trusted solution for ensuring greater visibility and accountability into project, program and portfolio execution," Baldwin added.
Besides gaining unprecedented client increase, the company accomplished many significant milestones during the last year comprehending technology modernism and business momentum.
Daptiv issued 12 product releases and delivered over 100 novel traits to its clients, comprising its Summer 2010 release, which comprised a influential new interface and a new Web 2.0 client know-how.
During June 2010, Analyst firm Gartner placed Daptiv in the Visionaries quarter-circle in its "Magic Quadrant for IT Project and Portfolio Management" report.
In July, the company Daptiv was acquired by Parallax Capital Partners and software industry veteran John Baldwin become the part of the company as chief executive officer.
During the last month of 2010, the company got hold of BlueNova, an Australian PPM company, to take advantage of the strong-growing market opportunity for PPM solutions in the Asia Pacific region.