Innotas Recognized as an Industry Leader in IDC MarketScape SaaS/On-Demand IT PPM Vendor Assessment

SAN FRANCISCO, CA--(Marketwire - August 31, 2009) - Analyst firm IDC (www.idc.com) has positioned Innotas as an industry leader within its IDC MarketScape SaaS/On Demand ITPPM Market View, noting that the company is helping drive SaaS adoption and innovation. The report, "IDC MarketScape: IT Project and Portfolio Management, 2009 Vendor Analysis(1)," was released on July 24 and is authored by Melinda-Carol Ballou, program director and Joseph C. Pucciarelli, program director.

IDC highlighted Innotas for several reasons. In addition to helping drive SaaS (software-as-a-service) adoption and innovation, the report cited Innotas as an intuitive product with an innovative delivery model that facilitates quick adoption and customer usage. "Overall, the companies [Innotas customers with which IDC spoke] found that Innotas was easy to implement and deliver, worked closely with them... and the companies received significant benefits for a relatively low investment cost," the report said.

Innotas has also executed well, the report continued, with its IT-focused approach, evolution of product functionality in appropriate directions, and commitment to targeted, consistent client relationships. IDC also recognized the benefits of its SaaS/on-demand delivery model, citing de-capitalization, access speed, less initial cost, flexibility and lower shelfware as principal drivers for user engagement.

"We're obviously quite proud of the recognition. We've worked hard to provide customers with a platform that enables them to grow their business instead of merely run it, and we'll continue innovating in order to exceed the evolving needs of our customers," said Keith Carlson, Innotas President and CEO.

IDC's current analysis categorized and weighted scoring for ITPPM vendors in two ways -- for enterprise-level solutions and for innovative delivery models for SaaS and on-demand hosted offerings.

Regardless of bucket, however, IDC recognized that companies of all sorts "have little leeway for poor IT project and portfolio decision making in the worst economy in recent history" and that "effective decision making for IT projects and programs is a matter of survival." In this context, IDC analysts evaluated Innotas and 14 other vendors on the following criteria:

--  Offering strategy and capabilities, including the functionality or
    offering road map and execution; delivery model appropriateness and
    execution; cost competitiveness and management; portfolio strategy and
    realization of benefits; and globalization and integration.
--  Go-to-market strategy and capabilities, including pricing model
    options and alignment; sales/distribution strategy; marketing strategy;
    customer service strategy and implementation; SaaS/on-demand offerings; and
    scope and scale (to address the breadth demanded for ITPPM execution).
--  Business strategy and capabilities, including demonstrated momentum
    and growth (as well as a growth strategy); innovation / R&D pace and
    productivity; employee strategy and management; addressing emerging market
    needs; and corporate use of product.
    

Innotas on-demand IT Governance is built upon a strong foundation in IT PPM, which is used to manage strategic initiatives, and also includes Application Portfolio Management capabilities that provide visibility into sustaining IT operations and maintenance activities. Innotas, with its on-demand delivery model, also enables customers to be up and running immediately, and with data loaded, the system configured and people trained in just a few weeks.

To learn more about how customers are using Innotas on-demand IT Governance, download the Innotas eBook, "The 7 Undeniable Truths of IT Governance: Success stories from companies that didn't wait until it was too late."

About IDC MarketScape

The IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Innotas

The Innotas on-demand IT Governance solution is an easy-to-use, rapid-to-deploy, and cost-effective way to manage resources and budgets across an IT department's entire inventory of projects, portfolios, applications, assets, and service requests. With its strong foundation in Project Portfolio Management and Application Portfolio Management, Innotas provides CIOs and IT management with visibility across both strategic initiatives and sustaining operations for improved decision making across the entire IT portfolio. Our customers, including the City of Memphis, Crayola, Forbes, Hamilton Beach, Jo-Ann Stores, The Northwest Company Inc., World Vision and many others, span a wide range of industries including financial services, government, healthcare, retail, technology, telecommunications and energy. For more information please visit www.innotas.com or contact us at +1 415.814.7700.

(1) IDC, IDC MarketScape: IT Project and Portfolio Management, 2009 Vendor Analysis, Doc # 219087, July 2009

Contact Information: Contact: Seth Geisler Martin Levy Public Relations 858.610.9860