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Planview Receives Strong Positive Rating from Leading Analyst Firm for Its PPM Solution

Austin, TX — July 11, 2012 — Planview®, the leader in enterprise-wide portfolio management, announces receiving a "Strong Positive", the highest rating possible, in Gartner's MarketScope for Project and Portfolio Management Software Applications. The report, published June 27, and authored by Daniel Stang and Robert Handler, analyzes on-premise and cloud-hosted project and portfolio management (PPM) solutions.

"We are excited to be recognized as a market leader in PPM. Many factors go into this achievement, the most important being our commitment to supporting our customers' success," said Greg Gilmore, president and chief operating officer, Planview. "As a best-of-breed company with a single focus, Planview will continue drive innovation and work with every customer to uniquely improve their organizational performance through the benefits of portfolio management."

The report finds that: "Providers receiving a Strong Positive rating in this MarketScope demonstrate a strong global market presence, depth and breadth of PPM functionality and integration to complementary IT software systems, and a strong commitment to cloud hosting that required these providers to make significant internal changes to accommodate a new business model without disrupting current operations."1

By leveraging a cloud-hosted model, Planview has been able to rapidly combine its market-leading enterprise solution with the compelling economic benefits of Software-as-a-Service (SaaS) delivery. As a hybrid solution provider, Planview supports both execution-level and project portfolio-level enterprise customers with the flexibility to choose on-premise or SaaS delivery methods aligned with their business' needs.

"The pressure to make the best investment choices and optimize constrained resources to deliver new products and services is a key priority for enterprises. As a result, portfolio management across all business functions is increasingly viewed as a strategic solution," said Patrick Tickle, executive vice president of products, Planview. "This core business challenge, combined with our hybrid delivery model that provides customers with the choice of a SaaS or on-premise, continues to fuel our company's growth."

During 2011, Planview experienced landmark growth as a result of its PPM market expansion strategy and the increasing adoption of its SaaS offering by enterprise customers. Planview continues to experience record growth in 2012 with the ongoing expansion of PPM across enterprise domains, including product development, as well as IT, services-driven businesses and corporate finance.

To access a copy of the Gartner MarketScope for Project and Portfolio Management Software Applications, visit www.planview.com/marketscope

1MarketScope for Project and Portfolio Management Software Applications, June 27, 2012, Daniel Stang.

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About the MarketScope

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. 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.

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