Planisware™ – the leading global provider of world-class Project &
Product Portfolio Management solutions for new product development (NPD)
organizations – recently announced continued business success for 2011,
realizing double-digit growth worldwide with earnings of $38 million in
revenue. In the U.S. alone, Planisware's revenue increased by 20% from
2010.
A global market leader in the NPD space, Planisware's 2011 growth was
fueled by a 99% customer retention rate and the acquisition of more than
20 new accounts. The new contracts solidified the organization's
dominance in the life sciences sector – Planisware's customer roster now
includes 11 out of the top 12 pharmaceutical companies in the world –
and bolstered Planisware's presence in the transportation, power, water
and insurance industries. Planisware maintained its position as a major
player in the automotive, aerospace, and IT sectors, and further
extended its expansion in Asia, acquiring new customers in Japan and
South Korea.
Delivering on the commitment to extend world-class solutions and
services, Planisware announced the ability to integrate with Rally
Software's Agile ALM platform that facilitates efficient collaboration
between project managers and Agile development teams, and migrated many
customers to its latest product enhancement release, Planisware 5.2.
Planisware Live, the company's SaaS platform, saw a rise in popularity,
with an aggressive adoption rate more than three times that in 2010,
while increased numbers of customers also turned to FlexPace,
Planisware's agile-inspired methodology that accelerates the
implementation process and aids internal user adoption.
Several top analyst firms recognized Planisware in 2011, with Daniel B.
Stang, Research Director, from Gartner naming the company as a
"Challenger" in Magic Quadrant for Integrated IT Portfolio Analysis
Applications1 and assigning a "positive" rating in MarketScope
for Project and Portfolio Management Applications2.
Furthermore, IDC named Planisware as a "Major Player" in its IDC
MarketScape3 and the Info-Tech Research Group
listed the company as the sole "Champion" in its Enterprise Project
Portfolio Vendor Landscape4.
Planisware's dedication to customer outreach gained momentum in 2011,
with an expanded user portal platform that provides customers with the
latest news in product updates and company events, easy access to
support, and the ability to network with other users.