Daptiv Continues Strong Growth Trajectory in 2012; North America New Client Sales Up by 58%

Daptiv Continues Strong Growth Trajectory in 2012; North America New Client 
Sales Up by 58% 
Efficiency of SaaS Based Delivery Model and Demand for Flexible
Project Portfolio Management Solutions Drives Revenue Growth and
Expands Footprint of Daptiv PPM in Enterprises Worldwide 
SEATTLE, WA -- (Marketwire) -- 02/14/13 --  Daptiv, the on-demand
leader in project portfolio management software, today announced an
impressive 23 percent bookings growth during the last fiscal year.
Daptiv strengthened its grip on the market in 2012 and grew its new
client business by 32 percent year-over-year, with a 58 percent
increase in the North America region alone. The company's success
stems directly from the growing adoption of its SaaS based delivery
model and Daptiv PPM, its flagship solution that has enabled
customers to significantly improve productivity and efficiency
through better decision making.  
In 2012, Daptiv continued to grow its global field operations in
Europe, Asia Pacific, North America, and Africa. Additionally, Daptiv
was the only SaaS PPM vendor to be rated as a "Leader" by both
Forrester and Gartner in 2012. 
"We've experienced a high level of customer retention and confidence
in our offerings based on the efficiencies organizations are
achieving with Daptiv, especially in light of the existing economic
environment," said John Baldwin, Daptiv's CEO. "The combination of
our SaaS based PPM software along with last year's introduction of
Daptiv Mobile has given our customers the flexibility to easily edit,
share and collaborate seamlessly between desktops and mobile devices.
Also, the introduction of our next generation Work Intelligence(TM)
allowed customers to gain competitive advantage in the market by
giving them capabilities such as interactive offline reports,
improved caching capability for fast access to large and complex
reports, and self-service authoring of reports and dashboards. We
believe the future of Project Portfolio Management is contingent on
providing customers with PPM solutions that provide strong Business
Intelligence capabilities and consistent user experience across
multiple devices." 
Key Highlights from 2012:
 Company Momentum: 

--  Closed 2012 fiscal year with 23% bookings growth over 2011 in a wide
    range of industries, including financial services, healthcare,
    consumer goods, services, industrial equipment, education, and
--  Grew new client business by 32% over 2011; up 58% in USA, 13% in UK,
    and 23% in international channel
--  Expanded global field operations with exceptional team growth in
    Europe, Asia Pacific, North America, and Africa regions
--  Strengthened EMEA presence with the opening of Daptiv's European data
    center in the Netherlands

Product Innovation 

--  Announced the launch of Daptiv Mobile, a HTML5-based web client that
    enables users to securely manage timesheets, tasks, and approvals
    using a mobile device
--  Unveiled next generation Work Intelligence(TM) for PPM, providing
    unparalleled visibility into business performance across the
    enterprise through reports, scorecards, and dashboards that can be
    accessed using a web-browser or a mobile device
--  Launched an Earned Value Management solution to help organizations
    track and report on key project performance metrics
--  Launched the Japanese language version of Daptiv PPM to meet growing
    demand in Asia Pacific

Industry Accolades 

--  Daptiv received the highest possible rating of "Leader" in the 2012
    Gartner Magic Quadrant for Cloud-Based PPM Services. Gartner valued
    Daptiv's ability to execute and completeness of vision and rated it as
    a Leader in its category
--  Daptiv was recognized as a Leader in the 2012 Forrester Wave(TM)
    report on Project/Program Portfolio Management citing that "its
    investments in analytics, integration, and mobile have pushed the
    vendor into the Leaders category"
--  Daptiv was selected as a CODiE award finalist in the Best Project
    Management Solution category

Daptiv's software is used by more than 100,000 subscribers worldwide
across industry verticals ranging from healthcare and education to
technology and financial services, among others. 
About Daptiv
 Founded in 1997, Daptiv is the leading provider of
on-demand Project Portfolio Management (PPM) solutions. Daptiv has
helped thousands of companies improve their strategic planning and
business execution by offering adaptable PPM solutions and expert
professional services. Daptiv's customers include world-class
organizations such as Beam Global, Chase, Coach, Harvard University,
Honeywell, InterContinental Hotels Group, and Virgin Australia. 
Shefali Sain
Barokas Public Relations
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