Evaluation Based on Ability to Execute, Completeness of Vision

SAN MATEO, Calif. – May 31, 2016 – Clarizen, a global leader in collaborative work management software, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services, Worldwide for the second year in a row. After evaluating the field of project management software vendors, Gartner analysts placed Clarizen in the Leaders quadrant based on ability to execute and completeness of vision.

According to the report: “Demand for IT PPM software continues to expand, with overall PPM market growth of 7.4% in 2015 amounting to more than $2 billion in revenue. This is partly due to an increased pace of change, as well as to a change in the nature of change, driven by digitalization. An almost-universal shortage of resources exacerbates the impact of the ever-increasing pace of change.”

“We consider our designation as a leader by Gartner confirmation of our mission to help our enterprise customers continuously innovate and deliver efficiency and transparency across their global organizations,” said Boaz Chalamish, CEO at Clarizen.  “We believe Clarizen’s extensible, enterprise-grade, collaborative work management platform makes it the right solution to serve a large market on critical business processes. We look forward to continuing to provide a first-class experience to our customers.”

The Gartner Magic Quadrant is a culmination of research within a specific market, presenting a wide-angle global view of a particular market’s competitors and their relative positions. The report presents Gartner’s evaluation of software vendors that organizations might consider before purchasing IT project and portfolio management solutions.

To read the full 2016 Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services, Worldwide report, please click here.

About the Magic Quadrant
The Gartner document is available upon request from Clarizen here.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner, Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services, Worldwide, Daniel B. Stang, Robert A. Handler, Teresa Jones, 23 May 2016

About Clarizen
Clarizen is a collaborative work management solution designed for people who value their time, and for organizations that value cross-company engagement. Built on a secure, scalable platform, Clarizen brings together project management, configurable workflow automation and in-context collaboration to create a meaningful engagement experience that allows everyone to work the way they work best. Everyone involved can track projects, communicate effortlessly and participate on their terms. When employees can connect to a larger and more meaningful purpose, progress is not only clear, it’s accelerated. Organizations of all sizes, across 79 countries already rely on Clarizen to help engage their people and move their business forward. The company is privately held with office locations including San Mateo (California), Tel Aviv and London. To learn more, visitclarizen.com.

Clarizen is a registered trademark and the Clarizen logo is a trademark of Clarizen Ltd. All other trademarks are the property of their respective owners.