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Innotas
Innotas is an IT project portfolio management (PPM) software from Planview for maturing organizations. Innotas was originally founded in 2006 as a cloud portfolio management company headquartered in San Francisco, California. Innotas is a cloud-based software for IT and new product development organizations. Innotas is primarily used by the project management office A project management office (abbreviated to PMO) is a group or department within a business, government agency, or enterprise that defines and maintains standards for project management within the organization. The PMO strives to standardize and in ... (PMO) and new product development organizations. Acquisition by Planview On August 1, 2016, Planview announced the acquisition of Innotas. Analyst recognition Planview has been designated as a "Leader" in the first edition of the May 2017 Gartner "Magic Quadrant for Project Portfolio Management, Worldwide."{{Cite web, url=https://www.gartner.com/doc/3728917/mag ...
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Planview
Planview is a global enterprise software company headquartered in Austin, Texas. History The company was founded in 1989 in Austin, Texas, by Patrick Durbin. In 1997, the company launched its complete web-based resource and project portfolio management (PPM) software, Planview Enterprise. In 2010, the company moved to the cloud to offer software as a service (SaaS) products. Ownership In December 2013, Insight Venture Partners acquired a substantial interest in Planview. In January 2017, Thoma Bravo acquired Planview, becoming the majority shareholder. In December 2020, Planview was acquired by TPG Capital and TA Associates for $1.6 billion. Acquisitions In August 2014, Planview acquired Projectplace, a Stockholm-based project collaboration company. In May 2015, Planview acquired Troux Technologies, an Austin-based enterprise architecture management software company. On August 1, 2016, the company announced its acquisition of San Francisco-based Innotas. In Decembe ...
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Web Application
A web application (or web app) is application software that is accessed using a web browser. Web applications are delivered on the World Wide Web to users with an active network connection. History In earlier computing models like client-server, the processing load for the application was shared between code on the server and code installed on each client locally. In other words, an application had its own pre-compiled client program which served as its user interface and had to be separately installed on each user's personal computer. An upgrade to the server-side code of the application would typically also require an upgrade to the client-side code installed on each user workstation, adding to the support cost and decreasing productivity. In addition, both the client and server components of the application were usually tightly bound to a particular computer architecture and operating system and porting them to others was often prohibitively expensive for all but the larg ...
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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 numerous key characteristics. The objectives of PPM are to determine the optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals, while honouring constraints imposed by customers, strategic objectives, or external real-world factors. Standards for Portfolio Management include Project Management Institute's framework for project portfolio management, Management of Portfolios by Office of Government Commerce and the PfM² Portfolio Management Methodology by the PM² Foundation. Key capabilities PPM provides program and project managers in large, program/project-driven organizations with the capabilities needed to manage the time, resources, skills, and budgets necessar ...
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Proprietary Software
Proprietary software is computer software, software that is deemed within the free and open-source software to be non-free because its creator, publisher, or other rightsholder or rightsholder partner exercises a legal monopoly afforded by modern copyright and intellectual property law to exclude the recipient from freely sharing the software or modifying it, and—in some cases, as is the case with some patent-encumbered and EULA-bound software—from making use of the software on their own, thereby restricting his or her freedoms. It is often contrasted with Open-source software, open-source or free software. For this reason, it is also known as non-free software or closed-source software. Types Origin Until the late 1960s computers—large and expensive mainframe computers, machines in specially air-conditioned computer rooms—were usually leased to customers rather than Sales, sold. Service and all software available were usually supplied by manufacturers without ...
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Project Management Office
A project management office (abbreviated to PMO) is a group or department within a business, government agency, or enterprise that defines and maintains standards for project management within the organization. The PMO strives to standardize and introduce economies of repetition in the execution of projects. The PMO is the source of documentation, guidance, and metrics on the practice of project management and execution. Darling & Whitty (2016) note that the definition of the PMO's function has evolved over time: * The 1800s project office was a type of national governance of the agricultural industry. * In 1939 the term "project management office" was used in a publication for the first time. * The 1950s concept of the PMO is representative of what a contemporary PMO looks like. * Today, the PMO is a dynamic entity used to solve specific issues. Often, PMOs base project management principles on industry-standard methodologies such as PRINCE2 or guidelines such as PMBOK. Perfor ...
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Project Management Software
Project management software (PMS) has the capacity to help plan, organize, and manage resource tools and develop resource estimates. Depending on the sophistication of the software, it can manage estimation and planning, scheduling, cost control and budget management, resource allocation, collaboration software, communication, decision-making, quality management, time management and documentation or administration systems. Numerous PC and browser-based project management software and contract management software products and services are available. History Predecessors The first historically relevant year for the development of project management software is 1896, marked by the introduction of the Harmonogram. Polish economist Karol Adamiecki attempted to display task development in a floating chart, and laid the foundation for project management software as it is today. 1912 was the year when Henry Gantt replaced the Harmonogram with the more advanced Gantt chart, a scheduling ...
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