Where the World Works

Web-based, Enterprise-grade Project Management

Project.net in Gartner 2013 Report MarketScope for IT Project and Portfolio Management Software Applications

1st Open Source Project Portfolio Management (PPM) Solution Included in Market Scope

Bedford, Ma. — May 14, 2013 — Project.net Inc., the leader in collaborative Project Management and Portfolio Management (PPM), has been included by Gartner, Inc. in its "MarketScope for IT Project and Portfolio Management Software Applications" research report. Project.net provides organizations with an enterprise-grade, customizable and robust alternative to expensive and proprietary monolithic applications.

"It's great that Gartner has recognized Open Source as a credible contender in this space that has historically been the exclusive purview of large software vendors," says Peter Winston, CEO. "We've long known that Project.net's open source approach is ideal for implementing effective, flexible, and affordable Project Management."

In addition to acknowledging that Project.net is "one of a scant few vendors offering its product as an open-source alternative in the IT PPM space" Gartner also notes that "Project.net is open-source, cost-effective, and designed for viral adoption."

Fewer than 20 vendors are included in the MarketScope, including HP, Microsoft, Oracle, CA Technologies and many other established software makers. Vendors must meet a range of criteria demonstrating product functionality, establishment in the marketplace and financial stability in order to be included in this list.

Gartner, Inc.’s MarketScope for IT Project and Portfolio Management Software Applications report is available for purchase form Gartner's website.

About the Magic Quadrant The Gartner MarketScope for IT Project and Portfolio Management Software Applications is copyrighted 2013 by Gartner, Inc. The MarketScope reflects a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The MarketScope is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Project.net Project.net is Where the World Works™, an open source project management and project portfolio management (PPM) solution with more than 100,000 users worldwide. Project.net helps organizations spend money where it counts™ through dramatic cost and time savings in project execution across the enterprise. Project.net is fully customizable and supportable by you or by our team of world-class developers, trainers, and system administrators.