Innotas Named a Visionary in Integrated IT Portfolio Analysis Applications (IIPA) for Second Year Running by Leading Analyst Firm

SAN FRANCISCO, CA--(Marketwired - Dec 5, 2013) - Innotas today announced that Gartner, Inc. selected it for the "Visionaries" Magic Quadrant for Integrated IT Portfolio Analysis Applications (IIPA), in its recently-released research report covering the IIPA software market. This positioning is based on analyst evaluation of Innotas' market-leading Cloud Portfolio Management solution, which is based on a strong foundation of Project Portfolio Management and Application Portfolio Management.

Gartner evaluated 11 vendors for its Magic Quadrant for Integrated IT Portfolio Analysis, and recognized Innotas in the "Visionaries" quadrant, for the second year in a row. According to Gartner, "The IIPA software market helps IT leaders link, monitor, analyze and communicate their activities on a single portfolio-level software platform, providing CIOs and other executives with holistic views of the IT portfolio while IT plans and executes in response to business and IT strategies."

"We believe that Gartner's recognition of Innotas for the second year in a row in the 'Visionaries' quadrant further validates our commitment to leadership and innovation in Cloud-based Portfolio Management services," said Kevin Kern, CEO of Innotas. "By continuing to listen to the needs of customers with an eye on what is happening in the industry, we're able to consistently strengthen the functionality of the Innotas solution. Our solution empowers customers to successfully manage and measure the entire project and application portfolio, while achieving strategic alignment with the goals of their businesses."

*Gartner, Inc., Magic Quadrant for Integrated IT Portfolio Analysis Applications, Daniel B. Stang/ Jim Duggan, November 19, 2013.

About the Magic Quadrant

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.

About Innotas

Innotas, the leading provider of Cloud Portfolio Management solutions, delivers a seamless way to manage projects, resources and applications across the enterprise. Innotas' solutions include Project Portfolio Management (PPM), Application Portfolio Management (APM), capacity & demand planning and the Innotas integration engine. It was the recipient of the Red Herring 100 Global award and the San Francisco Business Times' Best Places to Work recognition. Founded in 2000, Innotas is headquartered in San Francisco and has hundreds of customers nationwide, across healthcare, government, education and other industries. For more information, visit www.innotas.com or call 866-692-7362.