Primavera Systems
Encyclopedia
Primavera Systems, Inc was founded in May 1983 by Joel Koppelman and Dick Faris. It was a private company based in Pennsylvania
(USA) which developed software solutions for the Project Portfolio Management
market . On January 1, 2009 Oracle Corporation
took legal ownership of Primavera.
Primavera has been called one of the technology leaders in the Project Portfolio Management
market by a recent research document created by Forrester
. With more than 450,000 users in more than 60,000 companies
it has been stated to be the current global market leader by market share
, mainly due to its recent acquisition of Pertmaster and Prosight in December 2006[Verification needed]
Primavera Project Manager is a critical path method
(CPM) scheduling tool. This tool is often referred to as Primavera P3/5/6 depending on version and is used by many construction companies.
On October 8, 2008, Oracle Corporation
announced it has entered into an agreement to acquire Primavera. Before the deal closed, each company operated independently.
Pennsylvania
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...
(USA) which developed software solutions for the Project Portfolio Management
Project Portfolio Management
Project portfolio management is a term used by project managers and project management organizations, , to describe methods for analyzing and collectively managing a group of current or proposed projects based on numerous key characteristics...
market . On January 1, 2009 Oracle Corporation
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
took legal ownership of Primavera.
Primavera has been called one of the technology leaders in the Project Portfolio Management
Project Portfolio Management
Project portfolio management is a term used by project managers and project management organizations, , to describe methods for analyzing and collectively managing a group of current or proposed projects based on numerous key characteristics...
market by a recent research document created by Forrester
Forrester Research
Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Forrester Research has five research centers in the US: Cambridge, Massachusetts; New York, New York; San Francisco, California;...
. With more than 450,000 users in more than 60,000 companies
Company
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...
it has been stated to be the current global market leader by market share
Market share
Market share is the percentage of a market accounted for by a specific entity. In a survey of nearly 200 senior marketing managers, 67 percent responded that they found the "dollar market share" metric very useful, while 61% found "unit market share" very useful.Marketers need to be able to...
, mainly due to its recent acquisition of Pertmaster and Prosight in December 2006[Verification needed]
Primavera Project Manager is a critical path method
Critical path method
The critical path method is an algorithm for scheduling a set of project activities. It is an important tool for effective project management.-History:...
(CPM) scheduling tool. This tool is often referred to as Primavera P3/5/6 depending on version and is used by many construction companies.
On October 8, 2008, Oracle Corporation
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
announced it has entered into an agreement to acquire Primavera. Before the deal closed, each company operated independently.
Timeline
- 1983 Company founded
- 1999 Acquired Eagle Ray Software Systems
- 2003 Acquired Evolve Technologies, an professional services automation vendor.
- 2006 Acquired ProSight, an IT portfolio managementIT portfolio managementIT portfolio management is the application of systematic management to large classes of items managed by enterprise Information Technology capabilities. Examples of IT portfolios would be planned initiatives, projects, and ongoing IT services...
software vendor - 2006 Acquired Pertmaster, a portfolio managementInvestment managementInvestment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...
software (portfolio and project risk management) vendor - 2008 OracleOracle CorporationOracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
acquires Primavera, turning it into the Primavera Global Business Unit (PGBU) - 2011 Joel Koppelman announces his retirement from Oracle. He is succeeded by Mike Sicilia.
Partnerships
- AGC
- BEA SystemsBEA SystemsBEA Systems, Inc. specialized in enterprise infrastructure software products known as "middleware", which connect software applications to databases and was acquired by Oracle Corporation on April 29, 2008.- History :...
- BearingPointBearingPointBearingPoint is an independent management and technology consulting firm. Following a post-bankruptcy management buyout in August 2009, BearingPoint has been operated by its European management team and is organized as a partnership...
- Cap Gemini Ernst & Young
- OpenText
- Oracle CorporationOracle CorporationOracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
- PeoplesoftPeopleSoftPeopleSoft, Inc. was a company that provided Human Resource Management Systems , Financial Management Solutions , Supply Chain and customer relationship management software, as well as software solutions for manufacturing, enterprise performance management, and student administration to large...
- SAP AGSAP AGSAP AG is a German software corporation that makes enterprise software to manage business operations and customer relations. Headquartered in Walldorf, Baden-Württemberg, with regional offices around the world, SAP is the market leader in enterprise application software...
- TelelogicTelelogicTelelogic AB was a software business headquartered in Malmö, Sweden. Telelogic was founded in 1983 as a research and development arm of Televerket, the Swedish department of telecom . It was later acquired by IBM Rational, and exists under the IBM software group.Telelogic had operations in 22...
- BID2WIN Software
See also
- Best of Breed Software
- Project Portfolio ManagementProject Portfolio ManagementProject portfolio management is a term used by project managers and project management organizations, , to describe methods for analyzing and collectively managing a group of current or proposed projects based on numerous key characteristics...
- Enterprise application integrationEnterprise application integrationEnterprise Application Integration is defined as the use of software and computer systems architectural principles to integrate a set of enterprise computer applications.- Overview :...