TOP INDEPENDENT ANALYST FIRM NAMES PRIMAVERA® A PPM MARKET LEADER
Primavera Recognized for Comprehensive Suite Targeting a Broad Range of Vertical Markets
PHILADELPHIA, PA, February 6, 2008 – Primavera Systems, Inc., today announced that it was named by Forrester Research, one of the foremost independent technology and market research firms, as a leader in the Enterprise Project Portfolio Management (PPM) market. Primavera was one of 14 vendors invited by Forrester Research to participate in the evaluation, the results of which were recently released in the report titled, "The Forrester Wave™: Project Portfolio Management Tools, Q4 2007."
“Primavera has mastered the art of determining trends in the PPM market, identifying the needs of its target markets, and acquiring solutions that fit the vendor’s evolving product mosaic,” wrote Lewis Cardin, senior analyst at Forrester. “The company has built a comprehensive and seamless suite of products that fit a broad base of industry verticals. Though ideally suited to large enterprises with mature PPM processes, the offering can be scaled to suit the portfolio management requirements of smaller-sized business.”
Forrester evaluated the strengths and weaknesses of top PPM vendors using a comprehensive set of evaluation criteria. Each vendor was evaluated against approximately 95 separate criteria grouped by current offering, strategy and market presence.
Forrester noted that Primavera’s current offerings are particularly strong in the primary PPM functions of demand and portfolio management, methodology and workflow. Primavera’s solutions were also deemed an especially good fit for buyers that want the option to stay with MS Project and also require a partner rather than just a vendor.
“Forrester’s inclusion of Primavera as one of the vendors leading the pack for PPM solutions echoes what our customers have long said about our solution’s ability to help them choose, manage and deliver their projects successfully,” said Joel Koppelman, CEO of Primavera. “We are very proud to have made an impact in the ability of thousands of organizations to make better portfolio investment decisions, improve governance, accurately prioritize project investments and resources, and deliver tangible results back to their businesses.”
To view an abstract or download the full report The Forrester Wave™: Project Portfolio Management Tools, Q4 2007, please visit http://forrester.com/Research/Document/Excerpt/0,7211,43401,00.html
About Primavera
Primavera is a software company who provides business solutions for a project-driven world. The company helps organizations identify which projects are most important, and makes it easy for people to work collaboratively on those projects and deliver them successfully. Primavera solutions are industry-specific and highly scalable, with the power to support global enterprises. Primavera solutions have ensured the success of projects collectively worth more than $5.5 trillion, including the management of IT projects that span the globe, the construction of the world’s tallest buildings, ongoing multi-billion dollar oil discovery projects, space exploration, and the efficient use of personnel at professional services organizations. For more information, visit www.primavera.com or call +1.800.423.0245.
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