Primavera Systems, Inc was a private company providing
Project Portfolio Management
Project portfolio management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on num ...
(PPM) software to help project-intensive organizations identify, prioritize, and select project investments and plan, manage, and control projects and project portfolios of all sizes. On January 1, 2009
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. The company sells da ...
took legal ownership of Primavera.
History of Primavera Systems, Inc
Corporate
Nigel, Les Seskin and Dick Faris founded Primavera Systems, Inc. on May 1, 1983. It traded as a private company based in
Pennsylvania
Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...
(USA), developing software for the
Project Portfolio Management
Project portfolio management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on num ...
market. To help expand its product capabilities, Primavera acquired Eagle Ray Software Systems in 1999, Evolve Technologies (a
professional services automation
Professional services automation (PSA) is software designed to assist professionals, such as lawyers, auditors, and IT consultants, with project management and resource management for client projects and utilization rate management for billable sta ...
vendor) in 2003, ProSight
3] (an
IT portfolio management software vendor) in 2006, and, in the same year, Pertmaster (a
project risk management Within project management, risk management refers to activities for minimizing project risks, and thereby ensuring that a project is completed within time and budget, as well as fulfilling its goals.
Definition of risk and risk management
Risk ma ...
software vendor).
In 2008
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. The company sells da ...
acquired Primavera, and turned it into its Primavera Global Business Unit (PGBU).
After a 27-year version life, Oracle ceased sales of the P3 and SureTrak versions on December 31, 2010.
[
]
In 2011, co-founder Joel Koppelman announced his retirement; Mike Sicilia, SVP and General Manager, succeeded him. Co-founder Dick Faris has retired in December 2014 as Senior Vice President, Customers.
In 2016, the Primavera Global Business Unit became Oracle Construction and Engineering Global Business Unit (CEGBU) following multiple acquisitions, including Skire (now Primavera Unifier), Instantis (Cloud based Project Portfolio Management) and Textura (a Chicago based company offering contract management and online payment tools for the construction industry).
More recently Australian-based Aconex joined the Construction and Engineering family, offering project controls, collaboration, document management and BIM capabilities.
See also
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Primavera (software)
Primavera is an enterprise project portfolio management software. It includes project management, scheduling, risk analysis, opportunity management, resource management, collaboration and control capabilities, and integrates with other enterprise ...
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Project Portfolio Management
Project portfolio management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on num ...
*
Project Management
Project management is the process of leading the work of a team to achieve all project goals within the given constraints. This information is usually described in project documentation, created at the beginning of the development process. T ...
External links
Oracle Construction and Engineering websiteOracle Construction and Engineering blog
References
{{DEFAULTSORT:Primavera (Software)
Oracle software
Project management software
Defunct software companies of the United States
Oracle acquisitions