Clarizen Positioned in the Visionaries Quadrant of the Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services ( May 2013)

Evaluation Based on Completeness of Vision and Ability to Execute

Gartner PPM & IT Governance Summit – NATIONAL HARBOR, MD. – May 20, 2013 -  Clarizen, the leading work collaboration cloud company, today announced it has been positioned by Gartner, Inc. in the Visionaries quadrant of the Gartner’s Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.

According to the report, “Demand for IT PPM offered as cloud-optimized or cloud-native services continues to climb, because they provide rapid time to value, and also limit financial commitments to one-year increments.”

Project managers and organizations need real-time visibility and clarity, enabling them to make decisions based on data, not guesswork. Clarizen’s intuitive and collaborative  work and project management solutions harness the power of the cloud and social engagement to get work done efficiently, effectively, and with better results. Clarizen's work collaboration cloud software is also designed to deliver results quickly and encourage user adoption through an easy-to-use, intuitive interface. As a result, teams have software that works like they do, and provides them with the information they need to  complete projects faster. "Clarizen's mission is to lead the future of work," said Avinoam Nowogrodski, CEO at Clarizen. "Because we constantly innovate to stay ahead of the needs of our customers, we've seen dramatic company growth. Our clients want to associate themselves with a visionary organization that's focused on their success - now and in the future."

About Clarizen

Clarizen is the enterprise-class leader in work and project management that harnesses the power of the cloud to get work done efficiently, effectively, and with better results. Designed to be implemented quickly and easy to use, Clarizen helps companies build high performance teams and empowers social collaboration to drive results. Founded in 2005, Clarizen is privately held with offices in San Mateo, California and Hod Hasharon, Israel. For more information, visit  www.clarizen.com.

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Gartner “Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services” by Daniel B. Stang, Robert A. Handler, May 13, 2013