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A Big Day, a Bright Future Together – Planview Acquires Innotas

A Big Day, a Bright Future Together – Planview Acquires Innotas

Today is an exciting day at Planview. Innotas, the leader in Cloud Portfolio Management solutions for the mid-market, has become part of the Planview family. We have been on a journey of innovation and market leadership for over two decades now and are taking another bold leap forward with this acquisition.

With the addition of Innotas, we extend our IT PPM leadership into the mid-market and are now able to offer the most comprehensive portfolio of Work and Resource Management (WRM) solutions in the industry. We’re excited that every team, department, and organization, from mid-market to global enterprises, can now benefit from Planview solutions.

There has never been a better time to join forces with Innotas. Our customers are diverse in their needs and there is tremendous opportunity to leverage each other’s strengths to deliver on our shared vision of helping organizations worldwide achieve their resource potential. A few areas in particular that we’re excited about are:

  • Shared culture: We both passionately believe in the value of our employees, live a customer-centric and innovation-driven culture every day, and take great pride in having the industry’s most vocal and engaged customer communities. Simply put, culture and customers matter most.
  • Our products are perfect complements in the IT PPM market: There is great potential for our customers and the extended market to benefit from our collective product portfolio. Innotas has established itself as the mid-market standard for IT PPM, while Planview has built a market-leading reputation for serving advanced practitioners of portfolio management with Planview Enterprise. Finding the best-fit product for each customer is a unique value proposition that only Planview can offer. And with our complementary work collaboration product, Projectplace, customers have the opportunity to use the best tool for every type of work they do.
  • Planview and Innotas have both been consistently recognized for their market leadership: Bringing two market leaders together marks an exciting milestone for the Work and Resource Management category. Innotas was most recently recognized as a leader in the 2016 Gartner Magic Quadrant for cloud-based IT Project and Portfolio Management Services¹, while Planview was recognized as a leader in the 2016 Gartner Magic Quadrant for IT PPM Software Applications, Worldwide².

Our acquisition of Innotas builds on previous investments we’ve made in Work and Resource Management solutions, beginning with the acquisitions of Projectplace in 2014 and Troux in 2015. Each of Planview’s products is now perfectly positioned to maximize innovation and value to its core set of customers.

Hopefully you can read the excitement in my words and sense the passion we have to create tremendous value for customers by coming together with Innotas. We are now 700 employees-strong, have the privilege of serving more than 3,000 customers globally and proudly take on the leadership role in our industry. We can’t wait to start working with the entire Innotas team to bring our vision to life, and unlock new opportunities for our customers and the Planview business.

Welcome to the family, Innotas! Let’s get started!

For more information and latest news on the acquisition, check out the video below.

Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

¹Gartner, Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services, Worldwide, 2016, published May 23, 2016.
²Gartner, Magic Quadrant for IT Project and Portfolio Management Software Applications, Worldwide, 2016, published May 24, 2016.

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Greg Gilmore
Written By

Greg Gilmore is the chief executive officer of Planview, and has been the driving force behind its market leadership for the past two decades. Responsible for the operating strategies and integration of strategic acquisitions designed to expand the company’s global presence, bringing innovative products to market, and enhancing customer service, Greg has shepherded the company through its many phases of growth.