Innotas Positioned as "Leader" by Gartner for Cloud-Based IT Project and Portfolio Management Services -- Three Years in a Row

SAN FRANCISCO, CA--(Marketwired - May 22, 2014) - Innotas today announced that Gartner, Inc. selected it as a "Leader" in the Cloud-based IT Project and Portfolio Management Services Magic Quadrant, in its recently-released research report that evaluated vendors in the IT PPM services market. Innotas' position is based on analyst evaluations of Innotas' Cloud Portfolio Management solutions that deliver a seamless way to manage projects, resources and applications across the enterprise.

Gartner selected 11 vendors for its Magic Quadrant for Cloud-based IT Project and Portfolio Management, and recognized Innotas in its "Leaders" quadrant for its ability to execute and completeness of vision for the third straight year. According to Gartner, "The cloud-based IT project and portfolio management (PPM) providers included in this Magic Quadrant offer SaaS as cloud-optimized or cloud-native. Demand for IT PPM software continues to grow." 

"We believe Gartner's recognition of Innotas for the third year in a row in the 'Leaders' quadrant continues to validate and support our leadership, focus, and commitment to the Project Portfolio Management market," said Kevin Kern, CEO of Innotas. "Our solution empowers customers to successfully manage and measure the entire project and application portfolio, while achieving strategic alignment with business goals. Innotas helps organizations guarantee success by providing greater visibility across their entire enterprise portfolio."

To download the latest Gartner Magic Quadrant for Cloud-based IT Project and Portfolio Management Services, click here.

*Gartner, Inc., Magic Quadrant for Cloud-based IT Project and Portfolio Management Services, Daniel B. Stang/Robert A. Handler, May 19, 2014.

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), Resource Management, Agile Portfolio Management, and the Innotas Integration Platform. Among its many recognitions, Innotas received the San Francisco Best Places to Work award again in 2013. Founded in 2006, 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.