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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 n ...
(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 corporation, multinational computer Technology company, technology corporation headquartered in Austin, Texas. The company was formerly headquartered in Redwood Shores, California until December ...
took legal ownership of Primavera.


History of Primavera Systems, Inc


Corporate

Joel Koppelman, Les Seskin and Dick Faris founded Primavera Systems, Inc. on May 1, 1983. It traded as a private company based in
Pennsylvania Pennsylvania ( ) ( pdc, Pennsilfaani), officially the Commonwealth of Pennsylvania, is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic, Northeastern United States, Northeastern, and Appalachia, Appalachian regions of the ...
(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 n ...
market. To help expand its product capabilities, Primavera acquired Eagle Ray Software Systems in 1999, Evolve Technologies (a professional services automation vendor) in 2003, ProSight 3] (an
IT portfolio managementIT portfolio management is the application of systematic management to the investments, projects and activities of enterprise Information Technology (IT) departments. Examples of IT portfolios would be planned initiatives, projects, and ongoing IT se ...
software vendor) in 2006, and, in the same year, Pertmaster (a project risk management software vendor). In 2008
Oracle Corporation Oracle Corporation is an American Multinational corporation, multinational computer Technology company, technology corporation headquartered in Austin, Texas. The company was formerly headquartered in Redwood Shores, California until December ...
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

* Primavera (software) *
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 n ...
*
Project Management Project management is the process of leading the work of a team to achieve goals and meet success criteria at a specified time. The primary challenge of project management is to achieve all of the project goals within the given constraints. This ...


External links


Oracle Construction and Engineering website

Oracle Construction and Engineering blog


References

{{DEFAULTSORT:Primavera (Software) Oracle software Project management software Defunct software companies of the United States Oracle acquisitions