Changepoint Acquires Daptiv
Market leaders in project portfolio management software join forces to bring on-premise, hosted and pure SaaS solutions to small and large organizations.
Toronto-based Changepoint Corp., a leading provider of on-premise and hosted professional services automation (PSA) and project portfolio management (PPM) software, has acquired Daptiv Solutions, a leading provider of pure SaaS-based PPM software.
“Changepoint and Daptiv have both been recognized as industry leaders by analyst firms including Gartner, Forrester and TSIA,” said Jim Byrnes, president and CEO of Changepoint. “The combination of Changepoint and Daptiv provides customers with the most comprehensive and flexible PPM and PSA solutions from the respective market leaders and is part of an aggressive growth strategy.”
The acquisition gives Changepoint a broader reach of enterprise solutions with customer delivery flexibility, including on-premise, hosted and pure SaaS. With the combined resources, expertise and intellectual property, the company will be well-positioned to meet the diverse needs of customers of all sizes, from small installations up to the largest and most complex enterprises.
“While traditional on-premise software providers, such as Changepoint still dominate the PPM and PSA market, the fastest growing market segment is SaaS, on-demand software,"
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