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Daptiv Sees Record Bookings Growth in Q1 2012 as Enterprises Seek Flexible, SaaS-Based PPM Solutions That Align Business and Project Portfolios

Daptiv's Customer Roster Grows With Dell Global Site Design, East of England Ambulance Service NHS Trust, Pacer International, Transaction Network Services, Inc., TT Electronics and Utica National Insurance Group (May 08, 2012)

SEATTLE, WA -- (Marketwire) -- 05/08/12 -- Daptiv, the on-demand leader in project portfolio management software, today announced that it achieved record growth in bookings during the first quarter of 2012, up 88 percent compared to the same period last year. Additionally, Daptiv has been awarded several new customer wins in the first quarter including Dell Global Site Design, East of England Ambulance Service NHS Trust, Pacer International, Transaction Network Services, Inc., TT Electronics and Utica National Insurance Group.

These organizations join the thousands of Daptiv customers that depend on Daptiv PPM to gain visibility into project, program and portfolio execution, as well as the ability to measure progress against key business priorities. Daptiv's software is used by more than 100,000 subscribers worldwide across industry verticals ranging from healthcare to education, technology and financial services, among others.

In addition to its bookings growth in Q1, Daptiv has also been recognized by its peers in the PPM industry. Daptiv is a finalist for "Best Project Management Solution in Business Software" for the 2012 Software and Information Industry Association (SIIA) CODiE Awards. Winners of this peer-reviewed awards program will be announced May 10 during a presentation held in conjunction with SIIA's All About the Cloud conference in San Francisco.

"We're seeing strong demand for Daptiv's easy-to-use, intuitive PPM software from organizations worldwide, driven by the increasing need for visibility into how projects and resources support bigger strategic business goals," said John Baldwin, Daptiv's CEO. "This year we will be heavily focused on increasing the depth and flexibility of our platform, as well as continuing to recruit and hire top talent across the board to support this tremendous growth."


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.

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Contact:
Beth Mayer
Barokas Public Relations
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