Contact Information: Contact: Monica Miller or Zoe Vandeveer LaunchSquad 415-625-8555 daptiv(at)launchsquad(dot)com
Daptiv Delivers Strong Customer Growth in Q1 Despite Economic Downturn
Continued Momentum for SaaS Leader Highlights Increasing Market Demand for Software That Can Be Integrated Quickly and With Limited Upfront Risk and Investment
| Source: Daptiv, Inc.
SEATTLE, WA--(Marketwire - May 4, 2009) - Daptiv,
the on-demand leader in collaborative
business software, experienced continued strong business growth through
Q1 of 2009, highlighted by the addition of more than 40 new customers, the
release of Daptiv PPM Spring '09 Edition and the receipt of the ISO
27001:2005 certification, an internationally recognized information
security standard that very few SaaS companies have been awarded. As
companies must meet quickly changing market conditions, they are continuing
to embrace the flexibility of on-demand software and selecting Daptiv to
gain visibility into everyday work and ensure that it aligns with strategic
business priorities.
During Q1, Daptiv added more than 40 customers from around the world
including American Express, American Tower Corporation, BMC Software,
Dresser-Rand, EMF Broadcasting, Epson America Inc., Farmers Insurance, GE
Healthcare, Hidalgo County, Intellectual Ventures, Jackson Healthcare,
United Technologies and Virgin America, among others. Daptiv continues to
experience strong growth around the world, and new customers from
international markets include Atos Origin SA (France), Boeing Defence
Australia and Grupo InverDesarrollos (Mexico), among others. Over 20
percent of Daptiv's customers are headquartered internationally.
Daptiv also launched Daptiv PPM Spring '09, featuring significant enhancements to
its Gantt capabilities, which work in tandem with Daptiv's core solution to
enable managers and team members to visually plan, control and track work
to get it done on time and under budget. Additionally, in further
acknowledgment of Daptiv's commitment and ability to protect its customers'
data, as well as the general security and reliability of the
Software-as-a-Service model, Daptiv has attained the ISO 27001:2005 certification.
"Companies are realizing that, given the current market conditions, they
can't afford to not have visibility into the work that takes place across
their organization and use that insight to quickly inform strategic
business decisions," said Jeff Pancottine, CEO of Daptiv. "Now more than
ever, organizations need Daptiv to enable them to get secure, real-time
information and reports so that they can plan and adjust on-the-fly to stay
nimble and smart through tough times. We've seen steady adoption from a
wide range of companies in all industries and from around the world, and
are seeing great interest and excitement around our recently introduced
innovations, including Work Intelligence™ and our Greenhouse customer
community."
Daptiv is dedicated to providing focus and insight into the
difficult-to-track initiatives and processes across departments, from
marketing and HR to IT and finance. This is achieved through Daptiv PPM, an
on-demand collaborative business solution that provides a single, central
system of record and delivers an easy way of planning, executing, tracking
and reporting on work across organizations. Daptiv's Work Intelligence™
gives managers, staff and stakeholders complete visibility into the project
pipeline and day-to-day work activities through drill-down reporting,
drag-and-drop dashboard creation and data visualization: helping them to
align work with strategic priorities, make better decisions and execute to
get superior business results. Daptiv PPM has earned numerous accolades for
its ease-of-use, flexibility and quick time-to-value.
About Daptiv, Inc.
Founded in 1997, Daptiv is the on-demand leader in collaborative business
software that enables companies of all sizes to transform their mid-office
business operations. From new product development to operations and service
delivery, Daptiv's on-demand solutions streamline employees' day-to-day
interaction and collaboration while dramatically reducing the complexity of
managing multiple teams, projects and tasks. Daptiv also gives executives
unparalleled visibility into project, program and portfolio execution, as
well as the ability to measure progress against key business priorities.
Daptiv's flexible environment easily adapts to the work management needs of
any department -- from IT and finance to marketing and human resources --
with an intuitive user interface, point-and-click system configuration and
fast creation of forms, reports and alerts. Based in Seattle, Washington,
Daptiv has already transformed the mid-office for more than 700 customers
and 100,000 individuals at companies such as BASF, BP, Cushman and
Wakefield, Chase Paymentech, Honeywell, Merrill Lynch, Sprint/Nextel, Blue
Cross and Blue Shield of Kansas City and Virgin Blue. For more information
visit www.daptiv.com.