Innotas Announces New Version of Its PPM Solution With Expanded Application Portfolio Management (APM) Capabilities

SAN FRANCISCO, CA--(Marketwire - Sep 6, 2012) - Innotas today announced a new version of its award-winning Project Portfolio Management (PPM) solution that includes new Application Portfolio Management (APM) capabilities, enabling IT executives to better manage application portfolios with improved IT work management visibility. Innotas, a leading provider of Cloud Solutions for IT Management, delivers a seamless way to manage resources, applications and projects across all IT.

Available immediately, the new version of Innotas PPM also includes improved reporting and group security features, to make it easier and more secure to manage applications, projects and resources.

"The latest version of our multi-tenant, Cloud-based PPM and APM solution is focused on helping IT organizations become more effective and efficient in managing, maintaining and monitoring their growing portfolio of business and IT applications," said Kevin Kern, CEO of Innotas. "With our new and enhanced APM features, IT organizations will be able easily see and navigate the portfolio hierarchies with fast and seamless drill down capabilities into any project, or any application in the portfolio."

To help manage an IT organization's application portfolio, the new version of Innotas PPM allows users to:

• Personalize application categories and track all application attributes in an easy-to-use and easy-to-load application inventory database.
• Manage relationships across applications to support application assessment, rationalization, and impact analysis.
• Track time entry direction against applications and categories.

For greater flexibility in customizing reports to meet the needs of users, Innotas PPM new release includes enhanced reporting functionality for greater visibility across resources, applications and projects. It includes hierarchical reporting to show nested relationships between portfolios, projects and tasks while also joining parent data with child data in the same column, as well as showing control summary data to provide users with better IT work management visibility.

Innotas PPM also features new security and accessibility enhancements, including single sign-on (SSO) capabilities through supported federations and SAML, enhanced permissions groups for applications and portfolios along with improved VPN security controls.

A leader in PPM, Innotas was recently recognized as a "leader" in Gartner's Magic Quadrant for Cloud-based Project and Portfolio Management Services. In 2012, Innotas has also won the CODiE award for "Best Project Management Solution," the Red Herring Top 100 Americas Award, the San Francisco Business Journal's "Best Places to Work" award and was named to the JMP Securities Hot 100 List of Best Privately Held Software Companies.

For more information about the new version of Innotas PPM, please visit the Innotas website at: http://www.innotas.com/new-release-sept-2012.

Innotas

Innotas, a leading provider of Cloud Solutions for IT Management, delivers a seamless way to manage Resources, Applications and Projects across all IT. Innotas' solutions include Project Portfolio Management (PPM), Application Portfolio Management (APM), and the Innotas Integration Platform. Headquartered in San Francisco, Innotas has hundreds of customers nationwide, including Bank of the West, Tiffany & Co., Crocs, Crayola, City of Memphis, RelayHealth, and World Vision. For more information, visit www.innotas.com or contact 866-692-7362.