Seattle, WA — January 31, 2012 — Daptiv, the on-demand leader in project portfolio management software, today announced strong business results for 2011, demonstrated by double-digit growth in both new business bookings and existing customer expansions, and an increased international footprint in Asia Pacific and EMEA. Building on this momentum, Daptiv also celebrated important milestones in product innovation, which positioned Daptiv as the leading on-demand PPM solutions provider.
"In spite of the global economic crisis, the PPM market continues to grow," said John Baldwin, Daptiv’s CEO. "Daptiv’s PPM solution delivers clear value to businesses worldwide, enabling customers to gain a holistic view of their company’s project portfolio and make intelligent investment and cost optimization decisions. With our continued investments in Daptiv’s PPM solutions, we believe we are poised for continued growth in 2012."
Daptiv provides a powerful, integrated suite of PPM applications that is designed with real people and organizations in mind. Daptiv offers comprehensive PPM functionality, but with the ability to introduce new capabilities when an organization is ready for them. This enables companies to realize business value quickly before adding more sophisticated capabilities as their PPM process matures. Further, with Daptiv’s software as a service (SaaS) model, software and security updates happen automatically, requiring minimal support from IT.
Key Highlights from 2011:
Daptiv’s software is used by more than 100,000 subscribers worldwide across industry verticals ranging from healthcare and education to technology and financial services, among others.
Founded in 1997, Daptiv is the leading provider of on-demand Project Portfolio Management (PPM) solutions. Daptiv has helped thousands of companies improve their strategic planning and business execution by offering adaptable PPM solutions and expert professional services. Daptiv's customers include world-class organizations such as Beam Global, Chase, Coach, Harvard University, Honeywell, InterContinental Hotels Group, and Virgin Australia.
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