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Innotas Launches 2010 with Strong Growth
Date:4/29/2010

Q1 Growth Led by Government, Healthcare and Education

(PRWEB) April 29, 2010 -- Innotas, a leading on-demand IT Governance provider, today announced that its first quarter results grew 120 percent over the same period last year. Government continues to represent healthy industry growth for Innotas, followed by education and healthcare. New customers include State of North Carolina, City of Santa Clara, University of Portland and CHRISTUS Health.

“We are especially pleased with the first quarter results as Q1 is historically a slow growth quarter for IT purchasing,” said Kevin Kern, Innotas’ world wide vice president, sales and marketing. “First quarter growth was fueled by organizations that were attracted to Innotas’ unique Recovery Act reporting capabilities. Organizations that qualify are required to demonstrate and track projects to report on how the funds are being spent. Innotas provides an easy-to-use low-cost solution for helping eligible organizations manage planning and delivery of IT resources, budgets, projects and applications with accuracy, speed and low cost”.

Recently, analyst firm Forrester Research stated, “Innotas offers American Recovery and Reinvestment Act (ARRA) support through an IT-focused PPM tool…Innotas’ IT-centric SaaS PPM offering, (enables) small to medium-sized IT shops that are interested in establishing PPM discipline while also being asked to report back on ARRA funds internally may find this a logical option.” in their report, "State And Local Government: Find ARRA Support In PPM Tools," Forrester Research, September 30, 2009.

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