Click here to close now.


News Feed Item

Daptiv Achieves Record First Half Propelled by Strong Global and Enterprise Customer Growth

Major Product, Service and Market Advancements Combine With Rising Enterprise Demand for SaaS-Based PPM Solutions

SEATTLE, WA -- (Marketwired) -- 08/14/14 -- Further cementing its global leadership in delivering world-class project portfolio management (PPM) software, Daptiv announced today it achieved record new business growth during the first two quarters of 2014, up more than 30 percent from the same period last year. In addition to strong growth in North America, the company's gains stem in large part from tremendous momentum in its international markets, with over 200 percent year-over-year combined bookings growth in the EMEA and APAC regions. Customer wins and market demand amongst mid-sized and large organizations for Daptiv's enterprise-class SaaS-based PPM solutions provided further fuel for the company's record first half. Brand leaders across diverse markets continue to select Daptiv PPM to serve their project and portfolio management needs in 2014, including organizations such as Panasonic North America, Precor, Chicago Public Schools, and the Department of Education (UK).

Daptiv attributes the rapid growth to the evolution of its cloud-based enterprise-class PPM solution, which is setting the bar in the industry and enabling the company to successfully win and service larger customers. Organizations in the healthcare, education, technology, and financial services industries, among others, rely on Daptiv's PPM solutions to help run their businesses more efficiently and effectively. Daptiv makes it possible for companies to streamline their employees' day-to-day interactions, dramatically reducing the complexity of managing multiple teams, projects, and tasks.

"Our record breaking first half of the year is the fruit of targeted shifts we've made aimed at meeting heightened demand we're seeing from the enterprise for a flexible and scalable SaaS-based PPM solution," said John Baldwin, CEO of Daptiv. "We anticipate our growth will continue to steadily climb, fueled by aggressive product and services advancements and continued strategic investments in both domestic and international markets."

Contributing to Daptiv's strong performance is the company's ongoing commitment to meet the progressive needs of enterprise customers with both innovative product advancements, as well as pioneering complementary services that heighten the value, success and return on investment (ROI) for Daptiv PPM customers. For example, Daptiv's newly launched Organizational Change Management (OCM) practice helps customers successfully identify, plan and manage the inevitable changes associated with new technology implementation and deployment. This professional services offering is unique to Daptiv in the PPM market, providing experienced and dedicated OCM guidance, planning and execution for Daptiv PPM customers to improve critical implementation success factors, including adoption, utilization, and a rapid ROI.

In addition to securing traction on the customer front, in May analyst firm Gartner, Inc. positioned Daptiv as a "Leader" in the "Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services." [1] For three consecutive years the company has been ranked as a leader based on high marks for its PPM software platform, customer experience, market responsiveness, and overall track record. Similarly, Daptiv's dedication to its customers recently landed the company as a finalist in the Enterprise Management Innovations category of the Golden Bridge Awards.

[1] Gartner, Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services, 2014, Daniel B. Stang | Robert A. Handler, May 19, 2014.

About Daptiv
Founded in 1997, Daptiv is the leading global 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 high-performance PPM solutions and world class professional services. Enterprises use Daptiv solutions to accelerate the pace of innovation, improve productivity and more effectively adapt to rapidly changing economic conditions and competitive dynamics. Daptiv's global headquarters is in Seattle, USA, with offices across EMEA and APAC. For more information, visit the company's website:

Melissa Boggs
Barokas Public Relations
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection & E-Discovery of your data - whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise.
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving t...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at, explored the value of Kibana 4 for log analysis and provided a hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He examined three use cases: IT operations, business intelligence, and security and compliance. Asaf Yigal is co-founder and VP of Product at log analytics software company In the past, he was co-founder of social-trading platform Currensee, which...
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and t...
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessi...