CIMdata PLM Industry Summary Online Archive
6 February 2008
Financial News
Planview Continues Rapid Momentum in 2007
Planview® announced its continued momentum in 2007 including revenue growth, customer acquisitions, key industry partnerships, product enhancements and industry accolades. The company experienced 52 percent year-over-year revenue growth in 2007. Planview also added new customers across a variety of industries in the U.S. and abroad, including Ball Corporation and ICON, U.S.; Allianz, Germany; Zurich Financial Services, Switzerland; Wind Telecomunicazioni SpA, Italy; ATAC (Groupe Auchan), France and Atradius, United Kingdom.
“Planview is executing on its strategic direction, delivering industry-leading solutions for enterprise-wide portfolio management,” said Pat Durbin, founder and CEO of Planview. “As the portfolio management discipline accelerates across the enterprise, Planview is seizing the opportunity to help customers optimize their business and make better investment decisions.”
Enhanced Product Offerings
Planview continued to deliver product innovation in 2007 with a commitment to usability, analytics and interoperability. The company kicked off the year with the introduction of Planview Enterprise 9, an upgraded version of its portfolio management solution with a focus on improving the user experience for project managers. Planview then released Planview Enterprise 9.1 in November, which delivered more than 60 customer-driven enhancements, including Intelligent Help, an innovative tool designed to drive organizational adoption of portfolio management by integrating contextual help with best practices and E-Learning modules.
Planview Enterprise Business Process Manager (BPM) was introduced in July 2007, providing process design, automation, adoption and measurement capabilities. In September 2007, the company augmented its earned value management system (EVMS) offerings with the announcement of Planview Micro-Frame® Program Manager (MPM) Performance Manager, to provide more visibility and control over strategic business and IT programs for government agencies, program managers, and business analysts. Resulting from the company’s strategic relationship with BMC, Planview also introduced OpenSuite for BMC Remedy Change Management in the second half of 2007, providing integration between Planview Enterprise and BMC Remedy Change Management.
Acquisition and Partnerships
The growth in 2007 is due in part to Planview’s acquisition of Business Engine, which helped strengthen the company’s customer base and deepen its capabilities with earned value management and business process automation. The successful integration helped position Planview for future growth, particularly in financial services and United States Federal Government.
In 2007, Planview entered into several strategic sales, marketing and product relationships with industry leading organizations including BMC, Hitachi Consulting and Pervasive Software. Planview also strengthened its focus in the federal market, working closely with partners such as Fujitsu Consulting and SRA International to deliver comprehensive portfolio management solutions and services to federal agencies. In addition, Planview expanded its global footprint in 2007 and launched online resource centers for France, Germany, United Kingdom, and Italy.
Commitment to Customers
Committed to helping its customers drive innovation within their own organizations, Planview hosted a series of virtual and live events in 2007, including its largest and most successful user conference to date. The Planview Horizons User Conference featured more than 350 attendees, 9 partners, 25 customer presentations and 235 “Meet the Expert” sessions in November, and nearly 100 Planview users and partners attended Planview Horizons Europe in Nice, France in June. Additionally, Planview hosted its first MPM User Group Meeting in September focused on the EVM user community. Planview also hosted a series of PMO 2.0 Leadership Forums in Chicago, Boston, Denver, Atlanta and San Francisco, where company executives and industry experts discussed the evolving role of the PMO.
Moving into 2008, Planview continues to drive innovation within the portfolio management industry as the leading independent and pure-play vendor. In April, Planview will host its first Horizons MPM User Conference in Austin, and the company will continue to host PMO 2.0 Leadership Forums across the country. For more information about upcoming events and Planview news, please visit http://www.planview.com.
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