Planisware Reports Revenue of $70 Million in 2017, Growth in Mid-Market NPD, Project Control and Engineering, and IT Customers



SAN FRANCISCO–()–Planisware, the leading global provider of Project and Product Portfolio
Management (PPM) software solutions for new product development (NPD)
and engineering organizations, today reported a total revenue of $70
million for the fiscal year 2017, for an 18% year-over-year increase in
revenue. The milestone marks the fifth straight year of double-digit
growth for the organization.

New implementations in 2017 included Huawei, Hydro-Quebec, Johnson &
Johnson Medical Device, Hager, McDonald’s, AirLiquide, Catapult, Ipreo,
Merck, and Dainippon Sumitomo. Planisware continues to establish its PPM
leadership in NPD by serving more than one-third of the top 100 R&D
spenders worldwide and expanded its footprint in project control and
engineering, IT, and mid-market NPD with the addition of several new
customers. The company also grew its global presence by adding offices
in Manchester (U.K.), Montreal (Canada) and Boston (U.S.), and
experienced significant expansion in its Tokyo (Japan) and Denver (U.S.)
locations.

A majority of new customers selected the Planisware
Live
offering – the company’s SaaS solution – benefiting from the
full-service PPM tool’s fast implementation time, affordability and the
Customer Success Management program. The program assigns Planisware Live
customers to a Planisware representative who is dedicated to the ongoing
success of each company’s ongoing PPM objectives.

“Planisware Live’s CSM program has evolved the way we collect
information on what our users want,” said Pierre Demonsant, CEO and
co-founder of Planisware. “Our customer success program enables us to
better capture the ‘voice of the customer’ to drive our product
enhancements and the overall user experience. Ultimately, clients will
reap the benefits of a solution updated to meet and exceed their
articulated needs.”

Planisware’s differentiated PPM solution was noted by several top
analyst firms – including Gartner and IDC – and Forrester Research named
Planisware a leader in “The Forrester Wave™: Strategic Portfolio
Management Tools, Q3 2017.” Additionally, Planisware was the first PPM
vendor to achieve Stage-Gate International’s new Innovation Team Agility
certification, which requires that a solution provider includes the
workflow configuration, user interface and collaboration capabilities
necessary to enable teams to execute product innovation with greater
agility, flexibility, and speed.

In terms of product evolution, Planisware upgraded its cloud service
offering by creating tighter integration with popular tools like
Microsoft Office Suite and G-Suite, enhancing its Agile for project
management capabilities, and delivering new features for business
intelligence tools.

The Planisware Center for Excellence continued to deliver best practice
education throughout the year, with several webinars and masterclasses
in the U.S. and Europe led by thought leaders like Dr. Robert G. Cooper,
Dr. Richard Bayney and Johanna Rothman. Planisware also held its PPM
Best Practices Tour in 2017, comprised of events in Boston, Detroit,
Chicago, Montreal, Minneapolis, San Francisco and Cincinnati. The
organization’s User
Summit North America
in May assembled more than 250 PPM
professionals and thought leaders from 80 organizations around the
world, and user summits in Paris and Germany drew 350 and 100 PPM
professionals, respectively.

Planisware is primed for continued success in 2018 and remains committed
to fostering a strong user community with events such as its North
America User Summit this May 16-17 in San Francisco
and regional
best practice meetings throughout the year. The European operations will
also host user summits in Germany in June and Paris in November.

About Planisware

Planisware is a global provider of Project and Product Portfolio
Management software solutions. Planisware’s acclaimed configurability
accommodates the company’s customers across a variety of industries and
empowers users to align the solution with key business programs and
portfolio management processes. To learn more about Planisware, please
visit www.planisware.com
or call 888-752-6479.



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