Monday, May 21, 2012

Planview Claims Record Growth

Privately held, Austin-based software firm Planview said today that it has seen "record growth" at the firm, with a 130 percent increase in its software-as-a-service bookings, and 40 percent growth in ts IT PPM software bookings. Actual financial details of the growth were not disclosed by the company. Planview's software is used by companies to manage their R&D and product development organizations. Planview has been trumpeting its growth for several years, although the firm has yet to release any actual financial details or concrete information on its revenue and profitability.