Gartner Recognizes Clarizen as a Leader in 2016 Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services, Worldwide for the Second Consecutive Year

San Mateo, CA, May 31, 2016 --(PR.com)-- 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.

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 global leader in collaborative work management software, bringing together cross-company project management, configurable workflow automation, in-context collaboration and a tailored, role-based experience, all built on a secure, scalable enterprise platform. Clarizen simplifies work, reduces communication overload, and provides extensive visibility at every level of the enterprise, so everyone can work more effectively, adapt to changes and achieve their objectives. Thousands of organizations across 79 countries, including dozens of the Fortune 500, rely on Clarizen’s award-winning solution. The company is privately held with locations all around the world, including San Mateo, CA, Tel Aviv and London. For more information, visit www.clarizen.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.