title: Innotas
text: # Innotas
  
  Innotas is an IT project portfolio management (PPM) software from Planview for maturing organizations.
  
  Innotas was originally founded in 2006 as a cloud portfolio management company headquartered in San Francisco, California. Innotas is a cloud-based software for IT and new product development organizations.
  
  Innotas is primarily used by the project management office (PMO) and new product development organizations.
  
  ## Acquisition by Planview
  
  On August 1, 2016, Planview announced the acquisition of Innotas.
  
  ## Analyst recognition
  
  Planview has been designated as a "Leader" in the first edition of the May 2017 Gartner "Magic Quadrant for Project Portfolio Management, Worldwide." Gartner evaluated Planview based on the company’s PPM-related products, which include Planview Enterprise (strategic portfolio and resource management), Innotas (PPM for maturing organizations), and Projectplace (collaborative work management).
  
  