Planview's Strategic Acquisition of Plutora
Planview has made a major move by acquiring Plutora, a step aimed at enriching its product offerings. As a leader in Strategic Portfolio Management (SPM) and Digital Product Development (DPD), Planview is eager to harness Plutora's advanced Value Stream Management (VSM) solutions to bring great value to its customers.
Reasons for the Acquisition
This acquisition highlights the essential need for companies to make informed decisions based on accurate data, especially as they navigate the complexities of modern business and technology changes. Razat Gaurav, CEO of Planview, pointed out the advantage of this merger, which combines Plutora's expertise in measuring value streams with Planview's strong methods for connected work.
Improving Software Delivery Processes
Gaurav said, "When we combine Plutora’s capabilities with our wealth of experience, we’ll provide our customers with a full perspective on their software delivery lifecycle, delivering significant value." This partnership aims to drive organizations toward enhancing performance and speed in their software delivery results.
Emphasis on Flow Metrics
Dr. Mik Kersten, Chief Technology Officer at Planview, commented on the industry's transition from project-based methods to product-focused strategies, underscoring the rising importance of value stream management and flow in software delivery. By integrating Flow Metrics®, Planview intends to increase transparency throughout the software development pipeline, enabling teams to swiftly identify bottlenecks and refine their processes.
Plutora's Position in the Market
Established in 2011, Plutora has carved out a significant presence in the VSM solution market by effectively helping organizations streamline their software development processes. Their method includes capturing, visualizing, and analyzing critical metrics to ensure that software development aligns with broader business objectives.
Alignment in Business Objectives
Dalibor Siroky, Co-Founder and CEO of Plutora, shared a mutual vision with Planview: enabling businesses to achieve significant results through improved visibility and agility. This merger promises customers a wider range of tools and insights, helping them manage their software projects more effectively.
Continuity and Future Prospects
The acquisition ensures that existing Plutora customers will have a seamless transition as the Plutora team joins Planview while retaining service quality. Customers will continue to access their preferred Work, Agile, and Release Management solutions, now enriched with Plutora's top-notch offerings in areas like Release Management and Deployment Planning.
Upcoming Events and Initiatives
This acquisition aligns with the upcoming launch of Planview's first Project to Product Summit, which will be held soon. This virtual event aims to cover essential practices related to digital product delivery and to illustrate frameworks for transitioning from project-focused methods to product-centric strategies. Attending this summit is an excellent opportunity for organizations to enhance their understanding of effective digital transformation.
About Planview
Planview is recognized as a top platform for Strategic Portfolio Management (SPM) and Digital Product Development (DPD). By supporting companies through extensive digital transformation efforts, Planview helps organizations improve their time-to-market efficiency, unlock resources, and ensure the optimal delivery of strategic initiatives. With a strong customer base of over 4,500 and 2.7 million active users worldwide, including 59 Fortune 100 companies, Planview, headquartered in Austin, Texas, employs more than 1,400 people globally.
Frequently Asked Questions
What prompted Planview's acquisition of Plutora?
Planview's acquisition of Plutora was driven by a shared goal of enhancing value stream management and improving software delivery processes.
How does this acquisition benefit Planview's customers?
This acquisition allows Planview to offer improved visibility and control over the software delivery lifecycle, enhancing efficiency and decision-making capabilities for its customers.
What core strengths does Plutora bring to Planview?
Plutora provides industry-leading solutions in value stream management and software delivery, which will complement Planview's existing product offerings.
What is the significance of the Project to Product Summit?
The Project to Product Summit serves as a platform for organizations to learn about methods and practices necessary for thriving in digital product delivery.
How will the integration of Plutora affect existing customers?
Existing Plutora customers will experience continuity with their services while gaining access to enhanced tools through Planview's offerings.
