Summary
On August 21, 2014, Changepoint, a longtime leader in the professional services automation (PSA) and business-focused project portfolio management (PPM) vendor markets, announced it acquired Daptiv, a software-as-a-service (SaaS) PPM solution for an undisclosed sum. With this acquisition, Changepoint refreshes its position in the PPM market and opens the door for greater opportunities to sell to midmarket service providers that are facing pipeline and resource management challenges as they scale. In this report, we examine Changepoint's motivation for the acquisition and the capabilities that Daptiv brings to the table as well as provide portfolio management office (PMO) leaders, in both internal business services and project-based organizations, with the recommended questions they should ask before investing in these solutions.
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