PRIMAVERA RECEIVES 'STRONG POSITIVE' RATING IN ANALYST FIRM'S 2005 PPM FOR PROFESSIONAL SERVICES MARKETSCOPE
PHILADELPHIA, PA, July 7, 2005 - Primavera Systems, Inc., today announced that Gartner has rated the company "Strong Positive" in its report, MarketScope: Project and Portfolio Management (PPM) for Professional Services, 2005, dated June 22, 2005 by Matt Light, Daniel B. Stang and Nicole S. Latimer-Livingston. According to Gartner, a company designated as "Strong Positive" is a solid provider of strategic products, services or solutions. Current customers should continue investments, while potential customers should consider this vendor a strong strategic choice.
According to Gartner, "Professional services firms still cobbling together a hodgepodge of manual and point solutions should consider transitioning to more-integrated project and portfolio management applications to better compare opportunities, boost resource use, and bill quickly and accurately." The report also states, "An important function of the systems is to improve views of consultant resources 'on the bench' at a given point in time, matching their skill sets to pending work and allocating them to boost utilization."
Joel M. Koppelman, CEO of Primavera, added, "With the largest single PPM for Professional Services deployment of 120,000 resources, our proven and easily implemented solution enables professional service organizations to significantly reduce their operational and resource costs. We view the 'Strong Positive' rating as confirmation of our strong and rapidly growing business among professional services firms and embedded services groups within high tech and telecom companies."
The Gartner report evaluates and rates 15 vendors in the PPM for Professional Services market based on key criteria, including financial viability and market commitment, functionality and vision. Vendors were rated on a five-step scale: Strong Negative, Caution, Promising, Positive and Strong Positive.
About Primavera Systems, Inc.
Primavera is the largest independent provider of collaborative resource, project and portfolio management solutions. Primavera's world-class software and services are used by the Global 2000 to choose the set of projects that best enable their strategy, to plan, control and govern the chosen projects, and to accelerate the delivery of high-quality results for themselves and their clients. Primavera provides in-depth solutions for construction and engineering; financial services; government; power, energy and process; and professional service engagements. Many analysts have recognized Primavera as an IT Project Portfolio Management leader as have more than 75,000 companies in 164 countries. For more information, visit www.primavera.com or call +1.800.423.0245/+1.610.667.8600.
About the Gartner MarketScope
The MarketScope is copyrighted 2005 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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