Innotas Named a "Visionary" in Magic Quadrant for Integrated IT Portfolio Analysis (IIPA) by Leading Analyst Firm

SAN FRANCISCO, CA--(Marketwire - Dec 5, 2012) - Innotas today announced it was named by Gartner, Inc. as a "Visionary" in its "Magic Quadrant for Integrated IT Portfolio Analysis (IIPA)" in its recently-released research report covering these Software-as-a-Service applications, including Project Portfolio Management (PPM) and Application Portfolio Management (APM). Innotas is a leading provider of Cloud Solutions for IT Management.

The Magic Quadrant for IIPA evaluated 12 vendors and recognized Innotas in its "Visionaries" quadrant. Innotas provides PPM and APM cloud solution to drive visibility across resources, projects and applications in IT departments and Project Management Offices (PMOs).

According to Gartner, IIPA software market helps IT managers link, monitor and analyze their activities with a singular IT portfolio. This provides CIOs and other executives with holistic information about the IT portfolio when making difficult decisions and determining the state of IT strategies.

"We believe the recognition of Innotas by Gartner, and positioning in the 'Visionaries' quadrant further confirms our leadership in Cloud-based Project Portfolio and Application Portfolio Management solutions," said Kevin Kern, CEO of Innotas. "We continue to focus on providing the best Cloud-based solutions for IT management in the industry, helping our customers to manage and measure the work that their IT staff generates for their business."

In addition to the recognition as "Visionary" in the IIPA Magic Quadrant, Innotas received 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 in 2012.

About the Magic Quadrant

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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 Innotas Integration Platform. A leading technology company, Innotas is the recipient the Red Herring 100 North America award, CODiE award and named "Best Places to Work" by the San Francisco Business Times. It was also ranked as a 'Leader' in the Magic Quadrant for Cloud-based Project and Portfolio Management Services by Gartner. 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.