Daptiv, the on-demand leader in project portfolio management software, today announced it has been positioned by Gartner as a "leader" for the third consecutive year in the recently published 2014 "Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services" report.

According to Gartner, cloud-based IT PPM service providers identified as leaders in this Magic Quadrant meet many IT PPM application functionality and process automation requirements of targeted consumers. Product depth in several core IT PPM areas – such as demand management and analysis, advanced scheduling, resource and cost management, and out-of-the-box integration to key third party IT applications (such as ITSM software or application development tools) – sets leaders apart from competitors.

We believe Daptiv's market and product momentum over the past 12 months has helped to maintain its position in the leaders' quadrant for a third consecutive year. The company's ongoing product and services innovations, continued growth in domestic and international markets, strong financial performance, higher than ever customer retention rates, and a demonstrated ability to successfully sell and service large customers, have all culminated in Daptiv effectively evolving cloud-based PPM to a highly viable enterprise-class solution.

"We consider our placement as a leader in the Magic Quadrant for the third consecutive year a great accomplishment, and a positive acknowledgement of the uncompromising focus we've placed on delivering a market-leading customer experience in PPM," said John Baldwin, CEO of Daptiv. "We believe Gartner's placement confirms our progress towards becoming the pre-eminent SaaS-based PPM solution for the enterprise, further evidenced by steady increases in our average customer size and the recent selection by BMC Software as their preferred cloud-based IT PPM solution for enterprise ITSM customers."

Organisations worldwide use Daptiv PPM across industry verticals ranging from healthcare to education, technology, and financial services, among others. Its collaborative business software enables companies of all sizes to streamline employees' day-to-day interaction while dramatically reducing the complexity of managing multiple teams, projects and tasks.

Click here to view the newly published 2014 Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.

Source: Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services, 19 May 2014. Analysts: Daniel B Stang, Robert A Handler

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