CxO Corner

  Portfolio Management   ProjectsAtWork  

John Baldwin, new CEO of on-demand PPM solutions provider Daptiv, shares his plans for the company, and where he thinks the industry is headed.

In late July, Parallax Capital Partners acquired Seattle-based Daptiv Inc., a provider of on-demand project/portfolio management software and services. Since it began 12 years ago as eProject, Daptiv has grown steadily, accumulating more than 500 enterprise customers and 80,000 subscribers spanning most major industries. In the last six months, the company has added more than 70 new customers to a roster that includes BASF, Chase Paymentech, Harvard University, Honeywell, La Poste and Virgin Blue. Daptiv now has revenue of nearly $20 million.

As part of the acquisition, John Baldwin, a software industry executive and partner with Parallax, joined the company as chief executive officer. Baldwin has 24 years of experience in the software applications and technology industry, including 12 years in the project portfolio management industry with Artemis International, where his responsibilities included worldwide product management, engineering and business strategy functions.

Projects@Work recently connected with Baldwin, who shared some of his plans for Daptiv as well as where he thinks the overall PPM market is heading.

Why did Parallax acquire Daptiv?

Parallax’s goal …

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