Innotas Releases Latest Update to Its On-Demand PPM Platform

SAN FRANCISCO, CA--(Marketwire - January 13, 2009) - Innotas (www.innotas.com) today announced availability of the latest release of its On-Demand PPM Platform, including enhancements to application portfolio management and Web Services APIs. Ideal for IT departments of almost any size, this latest update of Innotas On-Demand PPM (http://www.innotas.com/solutions/index.html) enables more dynamic creation and maintenance of portfolios; powerful roll-ups of data at the portfolio level; and extended flexibility in modeling portfolios with unlimited hierarchy levels.

With the newly enhanced Application Portfolio Management (http://www.innotas.com/capabilities/apm.html), managers can now capture budget and spend against projects and applications, hugely critical for determining ROI and evaluating which projects and resources are most critical to the success of the organization. Additionally, projects can be linked to portfolios directly from a project, enabling managers to see which portfolios a project is linked to (including allocation % and other portfolio details) directly from the project.

Innotas On-Demand PPM (http://www.innotas.com/capabilities/index.html) provides both senior management and day-to-day team contributors with tools to manage and monitor projects, resources and portfolios. The new release expands these capabilities for a vastly improved user experience. For reporting, dashboards and searches for projects and resources, the project filter has been enhanced to allow projects to be filtered based on the portfolios to which the project is linked. For example, you can filter resources in the Capacity and Demand screens (based on all projects in a portfolio), or define filters to generate project lists based on portfolios.

"Based on our initial expectations of the Software-as-a-Service model, and the concept of shared application code, we've been surprised with how easy it was to configure Innotas and gain the 'custom' configuration and visibility we required," said Douglas Badger, CGA CISA CGEIT, director, IT Portfolio Management & Systems Assurance, Office of the CIO, University of Guelph.

Continued Badger, "For example, we look at configuration in three tiers: 'self-serve' (i.e. changes a customer can make for him/herself), changes that require assistance from support (i.e. our Customer Success Manager), and changes which may or may not be made by the application developers. In years past, this kind of deep configuration would have required a very expensive, installed solution that would have taken months to deploy plus a huge learning curve for our users. Instead of relying on a 'typical' project management office, with Innotas On-Demand PPM we can build, manage and gain greater visibility into a higher-level portfolio structure, which we can then break down into IT Assets and IT Demand."

Additional enhancements to the new update include:

New Asset Inventory capability allows customers to monitor further detail about their operational and application support costs, providing the full picture of IT spend and resource needs.

New objects supported in the Innotas Web Services API (http://www.innotas.com/capabilities/api.html) allow customers to connect to key IT management systems like Help Desks or Asset Management systems to provide a full picture of IT spend and resource usage. This includes seamless automation for the creation of project requests in Innotas from help desk tickets; automated creation of portfolios or application portfolios; and synchronization of time sheets from legacy applications so you can leverage existing investments.

"Innotas On-Demand IT PPM delivers a clear, competitive advantage by enabling CIO's and business executives to manage people and processes more effectively, so they can align resources and priorities to produce the most business value. Innotas supports the underlying mandate of IT Governance: delivering strategic objectives while also managing the day-to-day operations of IT," said Keith Carlson, Innotas CEO.

"Ultimately, by optimizing and balancing the IT Portfolio, Innotas supports the reduction of IT expenditures and focuses those valuable IT dollars and resources on growing your business rather than simply sustaining it. Our new update steps this up quite a few notches," continued Carlson.

In addition to the enhancements listed above, the new release also includes several general customer-driven enhancements and defect resolutions. For a complete listing of enhancements and new features visit: https://www.innotas.com/solutions/newfeatures.html.

About Innotas

Innotas provides the only on-demand (http://www.innotas.com/solutions/ondemand.html) Project Portfolio Management (PPM) solution specifically designed to meet the needs of IT and IT Services organizations. With Innotas, managers and team members improve collaboration and can more effectively and efficiently manage IT initiatives, projects, and resources. For CIOs and executives, Innotas delivers deep visibility, automation, and analysis of the project portfolio, and improves resource planning and utilization. Our customers, including Crayola, Forbes, Hamilton Beach, Jo-Ann Stores, WorldVision and many others, span a wide range of industries including financial services, healthcare, retail, technology, telecommunications and energy. For more information please visit www.innotas.com or contact us at +1 415.814.7700.

Contact Information: Contact: Seth Geisler Martin Levy Public Relations 858.610.9860